114 STAT. 286 PUBLIC LAW 106-200—MAY 18, 2000 "(ii) the date on which the FTAA or another free trade agreement that makes substantial progress in achieving the negotiating objectives set forth in 108(b)(5) of Public Law 103-182 (19 U.S.C. 3317(b)(5)) enters into force with respect to the United States and the CBTPA beneficiary country. "(E) CBTPA. —The term 'CBTPA' means the United States-Caribbean Basin Trade Partnership Act. "(F) FTAA.—The term 'FTAA' means the Free Trade Area of the Americas.". (b) DETERMINATION REGARDING RETENTION OF DESIGNATION.— Section 212(e) of the Caribbean Basin Economic Recovery Act (19 U.S.C. 2702(e)) is amended— (1) in paragraph (1)— (A) by redesignating subparagraphs (A) and (B) as clauses (i) and (ii), respectively; (B) by inserting "(A)" after "(1)"; and (C) by adding at the end the following: "(B) The President may, after the requirements of subsection (a)(2) and paragraph (2) have been met— "(i) withdraw or suspend the designation of any country as a CBTPA beneficiary country; or "(ii) withdraw, suspend, or limit the application of pref- erential treatment under section 213(b)(2) and (3) to any article of any country, if, after such designation, the President determines that, as a result of changed circumstances, the performance of such country is not satisfactory under the criteria set forth in section 213(b)(5)(B). "; and (2) by adding after paragraph (2) the following new paragraph: "(3) If preferential treatment under section 213(b)(2) and (3) is withdrawn, suspended, or limited with respect to a CBTPA beneficiary country, such country shall not be deemed to be a 'party for the purposes of applying section 213(b)(5)(C) to imports of articles for which preferential treatment has been withdrawn, suspended, or limited with respect to such country.". (c) REPORTING REQUIREMENTS.— (1) Section 212(f) of the Caribbean Basin Economic Recovery Act (19 U.S.C. 2702(f)) is amended to read as follows: " (f) REPORTING REQUIREMENTS. — DeadHne. "(1) IN GENERAL.—Not later than December 31, 2001, and every 2 years thereafter during the period this title is in effect, the United States Trade Representative shall submit to Congress a report regarding the operation of this title, including— "(A) with respect to subsections (b) and (c), the results of a general review of beneficiary countries based on the considerations described in such subsections; and "(B) the performance of each beneficiary country or CBTPA beneficiary country, as the case may be, under the criteria set forth in section 213(b)(5)(B). Federal Register, "(2) PUBLIC COMMENT.— Before submitting the report publication. described in paragraph (1), the United States Trade Representative shall publish a notice in the Federal Register requesting public comments on whether beneficiary countries are meeting the criteria listed in section 213(b)(5)(B).".
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