By Nelson A. King
A Republican Congressman
from Cincinnati, OH said
on Sunday that United States
President Donald J. Trump has
signed into law H.R. 991, the
bipartisan extension of the Caribbean
Basin Economic Recovery
Act (CBERA).
Congressman Brad Wenstrup,
of Ohio, and Democratic
Congresswoman Terri
Sewell, of Alabama, sponsored
the legislation, which extends
the expiring Caribbean Basin
Trade Partnership Act (CBTPA)
through 2030.
“This extension of
the CBTPA is a big deal for workers
and employers in southern
and southwestern Ohio, as
well as for America’s economic
and diplomatic relations with
our neighboring countries,”
said Sewell in a statement.
“I’m grateful to President
Trump for signing this legislation
into law and to Congresswoman
Sewell for her cooperation
on this important bipartisan
initiative,” he added.
Late last month, Sewell, who
represents Alabama’s 7th District,
applauded the unanimous
passage of the bipartisan bill in
the US House of Representatives,
saying that the CBTPA
is “a preferential trade agreement
Caribbean L 18 ife, October 16-22, 2020
that provides for duty and
quota-free access for apparel
products manufactured in designated
beneficiary Caribbean
Basin region countries.”
She said CBTPA also requires
that Caribbean Basin countries
use US formed yarns, fabrics
and thread.
“As the lead sponsor of the
legislation to reauthorize the
Caribbean Basin Trade Partnership
Act, I am thrilled that
Congress is taking action
on this issue before the program
expires at the end of the
month,” Sewell said. “CBTPA
is such an important economic
tool for the United States and
each of our partner countries,
and it is critical to our continued
diplomatic relationships in
the Caribbean Basin.
“The bipartisan effort to
reauthorize this program will
allow us to export more American
made goods and strengthen
Western supply chains,
while contributing to economic
development and job creation
in Haiti and other countries
throughout the Caribbean
Basin region,” she added.
Together, CBERA and CBTPA
are collectively known as the
Caribbean Basin Initiative
(CBI).
Sewell said these two acts
work together to facilitate the
development of 17 independent
countries of the Caribbean
Basin region.
For these two preferential
trade programs to be effective,
she said both CBTPA and
CBERA must be authorized.
Eligible CBERA countries
include Antigua and Barbuda,
Aruba, the Bahamas, Barbados,
Belize, the British Virgin
Islands, Curacao, Dominica,
Grenada, Guyana, Haiti, Jamaica,
Montserrat, St. Kitts and
Nevis, St. Lucia, St. Vincent
and the Grenadines and Trinidad
and Tobago.
The Office of the United
States Trade Representative
(USTR) said CBI remains important
element of US economic
relations with “our neighbors
Rep. Terri Sewell (D-AL) questions Gordon Sondland, U.S.
Ambassador to the European Union, during a House Intelligence
Committee impeachment inquiry hearing on Capitol
Hill in Washington, U.S. November 20, 2019. Samuel Corum/
Pool via REUTERS, File
in the Caribbean.
It said the CBI is “intended
to facilitate the development of
stable Caribbean Basin economies
by providing beneficiary
countries with duty-free access
to the US market for most
goods.”
The CBI was launched in
1983 through CBERA and
expanded in 2000 by CBTPA
and again by the Trade Act of
2002.
CBERA was implemented on
Jan. 1, 1984 and has no set
expiration date, USTR said. The
CBTPA was scheduled to expire
on Sept. 30, 2020.
Trump signs into law extension of
Caribbean Basin Economic Recovery Act
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