Publication Number: 3481

Report Title: International Economic Review: U.S. Trade Measures and the Caribbean Export Profile; United States Trade with South Asia; AGOA Forum: So Far... Where Now? ; EU Enlargement-An Overview

Author's name(s): Magda Kornis, Victoria Chomo, Joanne Guth, Nannette Christ

Date Published: December 2001

Report Description/Introductory Text: “U.S. Trade Measures and the Caribbean Export Profile” details how the United States is the dominant trading partner for most Caribbean Basin countries, and Caribbean countries are an important source of certain U.S. import items. U.S. tariff and quota relief granted under production sharing provisions have had a significant impact on income growth and investment, while less so under the Caribbean Basin Economic Recover Act (CBERA). Both have been factors in shaping the profile of Caribbean exports to the United States.

The events following September 11, 2001, have focused world attention on the region of South Asia, which includes Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan, and Sri Lanka. “United States Trade with South Asia” examines these countries’ economies, U.S. trade partners in the region, and U.S. trade policies with these countries, especially with Pakistan and India, which have come under the microscope in light of recent events.

According to “AGOA Forum: So Far... Where Now?” the first annual AGOA Forum was held in Washington, DC on October 29-30, 2001 between U.S. officials and African trade and finance delegates. This Forum reviewed the effects of AGOA to date and provided a venue for discussions on enhancing both the act and the U.S.-Sub-Saharan African economic relations.

In “EU Enlargement-An Overview” the EU is expected to undergo the largest expansion of its borders ever. Up to 10 countries could join the EU in 2004, although some difficult areas for negotiations remain, including agriculture. The candidate countries, and to a lesser extent the EU, will likely benefit from enlargement.

Topics Covered: USITC, Caribbean Basin Economic Recover Act (CBERA), United States-Caribbean Basin Trade Partnership Act (CBTPA), guaranteed access levels (GALs), Glenn Amendment, Africa Growth and Opportunity Act (AGOA), Common Agricultural Policy (CAP), Maastricht criteria, enlargement

Countries: United States, Canada, Mexico, Dominican Republic, Costa Rica, Bangladesh, Bhutan, India, Maldives, Nepal, Poland, Slovenia, Cyprus, Slovakia, Lithuania, Malta, Latvia, Bulgaria, Romania

Click here for full report