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The 30th annual Conference on the Caribbean Basin opens in Miami on Monday, Dec. 4th

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Published by bana2166- 12-01-06
news The 30th annual Conference on the Caribbean Basin opens in Miami on Monday, Dec. 4th

The 30th annual Conference on the Caribbean Basin opens in Miami on Monday, December 4
MIAMI (JIS)
Friday, December 01, 2006
The 30th annual Conference on the Caribbean Basin opens in Miami on Monday (December 4), with over 700 delegates from the Caribbean and Central American region participating in the three-day summit.
Themed, 'A United Third Border', the conference agenda will, this year, focus specifically on the status of the Caribbean Free Trade Area and the Caribbean Single Market and Economy and their influence on economic growth and employment in the region.
The conference will convene at the Intercontinental Hotel in Miami, and through plenary sessions and roundtable discussions, delegates comprising Caribbean leaders as well as private and public sector officials will address several industry topics relevant to the area, including trade, economic development, transportation and security, telecommunications, health, environment and labour, among others.
Other topics of special interest to regional leaders will include the Western Hemisphere Passport Initiative, the impact of energy and regional competitiveness.
Caribbean leaders expected at this year's summit will include Prime Minister Portia Simpson Miller; Prime Minister Owen Arthur of Barbados; and Presidents Preval and Fernandez of Haiti and the Dominican Republic, respectively.
The conference will be hosted by the Caribbean-Central American Action (CCAA).
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By bana2166 on 12-01-06, 03:15 PM
news Caribbean Basin Initiative (CBI)

Caribbean Basin Initiative
From Wikipedia, the free encyclopedia
The Caribbean Basin Initiative (CBI) was a unilateral and temporary United States program initiated by the 1983 "Caribbean Basin Economic Recovery Act" (CBERA). The CBI came into effect on January 1, 1984 and aimed to provide several tariff and trade benefits to many Central American and Caribbean countries. It arose in the context of a U.S. desire to respond with aid and trade to leftist movements that were active in some countries of the region, such as the guerrillas in El Salvador and the Sandinista government in Nicaragua. Provisions in the CBERA prevented the U.S. from extending preferences to CBI countries that it judged to be under the influence of Communists or that had expropriated American property.
The "Caribbean Basin Economic Recovery Expansion Act" of 1990, known as "CBI II", made the CBI permanent. However, once the U.S. entered into the NAFTA agreement in 1994 with Mexico it became easier for Mexico to export its products to the U.S. CBI countries had lost their advantage relative Mexico, a major competitor in industries such as textiles and apparel, so they sought to increase their own preferences and achieve "NAFTA parity". Those efforts were not successful until the 2000 Caribbean Basin Trade Partnership Act, which was broadened in 2002. Several exports from the region continue to receive preferential status in the U.S., however those preferences will likely be replaced by bilateral Free Trade Agreements, and possibly by the proposed Free Trade Area of the Americas.
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By bana2166 on 12-01-06, 03:17 PM
Caribbean Basin Initiative (CBI) web site
http://www.mac.doc.gov/CBI/webmain/intro.htm
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