CBTEACaribbean Basin Trade Enhancement Act
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A Caribbean Basin Trade Enhancement Act (CBTEA) awaiting U.S.
A CBI country must have demonstrated commitments to undertake its WTO (World Trade Organization) obligations on or ahead of schedule; to participate in FTAA negotiations; and to undertake other steps necessary for eventual accession to the FTAA or an equivalent free trade agreement; Discretionary eligibility requirements: The bill also provides 11 "discretionary" eligibility requirements to determine whether such countries should continue to receive 100% of the CBTEA tariff reduction benefits.