Caribbean Basin Free Trade Agreements Act

[AI summary unavailable — showing source text] TABLE OF CONTENTS: Title I: Relationship of NAFTA Implementation to the Operation of the Caribbean Basin Initiative Title II: Caribbean Basin Free Trade Agreements Caribbean Basin Free Trade Agreements 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 from Caribbean beneficiary countries the same tariff and quota treatment accorded any such articles imported from Mexico under the North American Free Trade Agreement (NAFTA). 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, after consulting with interested parties and appropriate congressional committees, any actions necessary to ameliorate any adverse effects such implementation may have on them. Title II: Caribbean Basin Free Trade Agreements - Directs the United States Trade Representative (USTR) to determine the feasibility of any beneficiary countries either: (1) acceding to NAFTA and any s…