United States-Caribbean Basin Trade Enhancement Act

[AI summary unavailable — showing source text] United States-Caribbean Basin Trade Enhancement Act - Title I: Trade Benefits for Caribbean Basin Countries - Amends the Caribbean Basin Economic Recovery Act (CBERA) to accord, for a specified period, the same tariff and quota treatment (duty-free treatment, free of any quantitative limitations) given certain textile and apparel articles imported from North American Free Trade Agreement (NAFTA) countries to such articles from U.S.- Caribbean Basin Trade Enhancement Act (CBTEA) beneficiary countries which have demonstrated commitments to: (1) undertake their obligations under the World Trade Organization on or ahead of schedule; (2) participate in negotiations toward completion of the Free Trade Area of the Americas (FTAA), or comparable trade agreement; or (3) undertake other steps necessary for it to become a party to the FTAA or comparable trade agreement. Directs the United States Trade Representative (USTR) to report biennially to Congress concerning CBTEA beneficiary countries. Directs the United States International Trade Commission to report biennially to Congress and the President on the economic impact of this Act on U.S. industries (including Puerto Rico and U.S. insular…