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Caribbean Basin seeks parity with NAFTA.

By: Material type: TextTextPublication details: 1993Action note:
  • 3/7/00 M2LMGR
Summary: Discusses NAFTA's implications in the areas of (1) trade diversion, which will result in a reduction of exports from the region; (2) investment diversion away from the region; and (3) relocation of production capacity away from the region. Notes that Caribbean countries are ill-prepared to face the challenges posed by NAFTA, and the strategy of maintaining CBI privileges through a parity arrangement is one response to the Caribbean dilemma.
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Discusses NAFTA's implications in the areas of (1) trade diversion, which will result in a reduction of exports from the region; (2) investment diversion away from the region; and (3) relocation of production capacity away from the region. Notes that Caribbean countries are ill-prepared to face the challenges posed by NAFTA, and the strategy of maintaining CBI privileges through a parity arrangement is one response to the Caribbean dilemma.

3/7/00 M2LMGR

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