Executive Council Statement
Caribbean Basin Trade Security Act
… Washington, DC The Caribbean Basin Trade Security Act is intended to provide tariff and market access equivalent to NAFTA for products from the Caribbean region. In its current form, however, it would harm working people in the United … version does not meet those objectives. In five respects, it falls short of what is needed. First, this Act would bring to an end the petitioning process in the Generalized System of Preferences (GSP), which has helped to give Caribbean Basin …