Reviving the Wilting U.S. Policy in the Caribbean
Publication Date: November 1986
Publisher(s): Heritage Foundation (Washington, D.C.)
Author(s): Timothy Ashby
Keywords: Latin American
When Congress reconvenes in January, it should review the CBI legislation. Greater access to U.S. markets for a broader range of Caribbean goods should be encouraged, as should preferential tax benefits for U.S. investors willing to open businesses in the region. The 12-year limit on the CBI program should be removed; the legislation was not meant as an economic "quick fix," but as a catalyst for long-term recovery and growth.