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United States · Bill · S

S. 529 (104th)

Caribbean Basin Trade Security Act

openUnited States· United States Congress· EN

Introduced

10 March 1995

Last action

15 May 1995 · Committee

Status

Subcommittee on International Trade. Hearings held.

Sponsors

Sen. Graham, Bob [D-FL], Sen. Mack, Connie, III [R-FL], Sen. Lott, Trent [R-MS], Sen. Bradley, Bill [D-NJ], Sen. Moseley-Braun, Carol [D-IL], Sen. Hatch, Orrin G. [R-UT], Sen. Grassley, Chuck [R-IA], Sen. McCain, John [R-AZ], Sen. Pryor, David H. [D-AR], Sen. Lugar, Richard G. [R-IN], Sen. Dodd, Christopher J. [D-CT], Sen. Gregg, Judd [R-NH]

Subjects

Discovery layer

Source updated

21 August 2025

Summary

TABLE OF CONTENTS: Title I: Relationship of NAFTA Implementation to the Operation of the Caribbean Basin Initiative Title II: Related Provisions Caribbean Basin Trade Security Act - Title I: Relationship of NAFTA Implementation to the Operation of the Caribbean Basin Initiative - Amends the Caribbean Basin Economic Recovery Act (the Act) to accord certain textile and apparel articles and certain other articles (including canned tuna and petroleum) from Caribbean beneficiary countries, for a specified transition period, the same tariff and quota treatment (lower tariffs or duty-free treatment) accorded any such articles imported from Mexico under the North American Free Trade Agreement (NAFTA). (Sec. 102) Directs the President to: (1) monitor the effects, if any, that implementation of NAFTA has on the access of beneficiary countries to U.S. markets for sugars, syrups, and molasses; and (2) take or propose any actions necessary to ameliorate any adverse effects such implementation may have on them. (Sec. 103) Grants duty-free treatment of Canadian liqueurs and spirituous beverages made from Caribbean rum. Title II: Related Provisions - Requires the President to meet with trade ministers of beneficiary countries in order to negotiate for their accession to the NAFTA, or to enter into free trade agreements with the United States that contain comparable provisions with those in the NAFTA and that would make progress in achieving certain trade negotiating objectives under the NAFTA. (Sec. 202) Directs the United States Trade Representative (USTR) to make an assessment of the economic development efforts and market oriented reforms in each beneficiary country, including each country's ability to undertake the obligations of the NAFTA. Requires the USTR, if such countries accede to the NAFTA or the United States negotiates a comparable free trade agreement with them, to provide to specified congressional committees a report on the economic impact of the new trade relationship on beneficiary countries.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 10 March 1995

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 10 March 1995

    Introduced

    Sponsor introductory remarks on measure. (CR S3804)

    Source: IntroReferral

  3. 10 March 1995

    Introduced

    Introduced in Senate

    Source: IntroReferral

  4. 15 May 1995

    Committee

    Subcommittee on International Trade. Hearings held.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 10 March 1995

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 10 March 1995

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 10 March 1995

    Open at official source

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Sponsors

Related records

Sources

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