CARIBBEAN BASIN POLICY

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CIA-RDP83M00914R002200220013-4
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RIFPUB
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K
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39
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December 22, 2016
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August 7, 2009
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13
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Publication Date: 
February 24, 1982
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REPORT
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Approved For Release 2009/08/07: CIA-RDP83MOO914R002200220013-4 14 1 D/Pens 15 D/OEA. SUSPENSE DATE NSC review completed. Approved For Release 2009/08/07: CIA-RDP83MOO914R002200220013-4 Approved For Release 2009/08/07: CIA-RDP83MOO914R002200220013-4 THE WHITE HOUSE WASHINGTON Baker Deaver Anderson Clark Darman (For WI! Stffpng) Jenkins Gray Beal DATE: 2/24/82 CCNRE/Boggs CCHR/Carleson CCCT/Kass CCFA/McClaughry CCEA/Porter NUMBER: 050164CA SUBJECT: Caribbean Basin Policy Vice President State Treasury Defense Attorney General Interior Agriculture Commerce Labor HHS HUD Transportation Energy Education Counsellor Attached is the Caribbean Basin Fact Sheet for your information. The speech will be circulated when it becomes available. NSC review completed. CABINET AffAM ST ING MEMORANDUM Craig L. Fuller Assistant to the President for Cabinet Affairs 456-2823 DUE BY: /l ('~ a Approved For Release 2009/08/07: CIA-RDP83MOO914R002200220013-4 FACT SHEET CARIBBEAN BASIN POLICY Table of Contents 1. Table of Contents II. Summary of Caribbean Basin Initiative in. Summary Table of Total Economic & Military Assistance IV. Specific U.S. Economic Measures A. Introduction B. Free Trade Area C. Textiles D. Tax Measures E. Bilateral Investment Treaties F. Investment Insurance & OPIC Programs G. Concessional Aid H. Agricultural Modernization 1. Assistance for Private Sector Development J. Trade Credit Program K. Measures for Puerto Rico & the Virgin Islands International Assistance Activities in the Caribbean Basin A. Introduction B. Canada C. Mexico D. Venezuela E. Europe & Japan F. International Financial Institutions G. Consultative Groups. Vi. U.S. Military Assistance EMBARGOED FOR 12:30 P.M. EST Approved For Release 2009/08/07: CIA-RDP83MOO914R002200220013-4 Approved For Release 2009/08/07: CIA-RDP83M00914R002200220013-4 II. SUMMARY OF CARIBBEAN BASIN INITIATIVE The Caribbean Basin Region The Caribbean Basin includes some two dozen small developing nations in Central America, the Caribbean and northern South America. The attachments provide basic informa- tion on the location. and economies of these countries. The CBI region forms the third border of the US, contains vital sea lanes, through which three quarters of our oil imports must flow, is an important market for US exports, and is our second largest source of illegal immigration. The Problem The Basin countries have been seriously affected by the escalating cost of imported oil and declining prices for their major exports (sugar, coffee, bauxite, etc.). This has exacerbated their deep-rooted structural problems and caused serious inflation, high unemployment, declining GDP growth, enormous balance of payments deficits, and a pressing liquidity crisis. This economic crisis threatens political and social stability throughout the region and creates conditions which Cuba and others seek to exploit through terrorism and subversion. Uevelo ent of Caribbean Basin Initiative The US has been developing its program for responding to the economic crisis in close consultation with potential recipients and other donor countries. Last July Secretary Haig and US Special Trade Representative Brock met in Nassau with the Foreign Ministers of Canada, Mexico and Venezuela. They agreed to sponsor a multilateral action program for the region within which each country would develop its own program., Venezuela and Mexico are making a significant contribution to the Basin, particularly through their joint oil facility. Canada recently announced major increases in its foreign assistance to the area. The Colombians also intend to increase their financial contribution to the Basin. We expect other donors will also expand their efforts in the areas of trade and investment. Key_ Elements of Proposed US Program The proposed US program consists of integrated, mutually Approved For Release 2009/08/07: CIA-RDP83M00914R002200220013-4 Approved For Release 2009/08/07: CIA-RDP83M00914R002200220013-4 reinforcing measures in the fields of trade, investment and financial assistance. The centerpiece of the US program is the offer of one-way free trade. Presently, the countries of the region are already afforded liberal entry into the US market. Nevertheless, some of the duties which remain in place are in sectors of special interest to the Basin countries. They also limit export expansion into many non-traditional products. The President will request from the Congress authority to eliminate duties on all imports from the Basin except textiles and apparel. Sugar imports will receive duty free treatment but only up to a certain limit in order to protect the US domestic sugar price support program mandated by Congress. A safeguard mechanism will be available to any US industry seriously injured by increased Basin imports. Rules of origin will be liberal to encourage investment, but will require a minimum amount of local content (25%). The President will have discretion.to designate beneficiaries taking into account countries' own efforts to carry out necessary reform of their internal economic policies. =The President will also seek Congressional authorization to grant US investors in the Caribbean Basin a significant tax measure to encourage investment. We are still consulting with the Congress on the exact measures to be employed. The President will request a FY 82 supplemental economic assistance appropriation of $350 million to provide emergency assistance for several key countries whose situation is particularly critical. That will bring proposed FY 1982 economic assistance to $823.9 million or $403 million above FY 81. The Administration's request is for $664.4 million in FY 83 economic assistance. As the attached table shows, the security assistance is only a small portion of the total assistance provided by the United States to the Caribbean Basin region. Other Economic Initiatives The US will extend more favorable treatment to Caribbean Basin textile and apparel exports under bilateral and multilateral agreements while continuing our overall policy of seeking tighter limits on import growth from our major suppliers. Approved For Release 2009/08/07: CIA-RDP83M00914R002200220013-4 Approved For Release 2009/08/07: CIA-RDP83M00914R002200220013-4 ? The US will seek to negotiate double taxation and bilateral investment treaties with interested countries. The US will work with multilateral development banks and the private sector to develop insurance facilities to supplement OPIC's non-commercial investment risk operation. The US Export Import Bank will expand protection, where its lending criteria allow, for short-term credit from commercial banks to Basin private sectors for critical imports. The US will work with each country to develop private sector strategies to coordinate and focus development efforts of local business, US firms, and private voluntary organizations. The strategies will seek to remove impediments to growth including lack of marketing skills, shortages of trained manpower, poor regional transport, and inadequate infrastructure. Puerto Rico and the US Virgin Islands. A series of measures will support the efforts of Puerto Rico and the Virgin Islands to play a dynamic role-in the Caribbean region. For example, involvement of the possessions will be critical to the success of private sector development 'strategies. In addition, the US Government has consulted closely with Puerto Rico and the Virgin Islands about the Caribbean Basin Initiative. Legislation under the Initiative will reflect Puerto Rican and Virgin Island interests in. many important ways. Excise taxes on all imported rum will be rebated to Puerto Rico and the Virgin Islands. Inputs into Caribbean Basin production from the possessions will be considered domestic under the rules of origin. Their industries will have access to the same safeguards provisions as mainland industries. Approved For Release 2009/08/07: CIA-RDP83M00914R002200220013-4 Approved For Release 2009/08/07: CIA-RDP83MOO914R002200220013-4 US ECONOMIC RELATIONS WITS THE CARIBBEAN BASIN E$ millions) US Exports in 1981 (Major products: transportation equipment, electrical and industrial machinery, chemicals, manufactured goods) US Imports in 1981 (Major products: cotton, sugar, bauxite, coffee, meat) US Direct Investment in 1980 Total Total Non-financial US Tourism in 1980 Expenditures Number of travelers, excluding cruise travel, in millions $ 6,841.5 10, 026.6 22,474 11,946 1,134 2,624 Approved For Release 2009/08/07: CIA-RDP83M00914R002200220013-4 . Approved For Release 2009/08/07: CIA-RDP83MOO914R002200220013-4 Costa Rica El Salvador Guatemala Honduras Nicaragua Panama Belize Dominican Republic Guyana Haiti Jamaica Bahamas Eastern Caribbean Suriname Barbados Trinidad & Tobago Turks and Caicos Cayman Islands Netherlands Antilles CP?RIBBEA BBASIN DATA SHEET Population Glop (US$) 2.24 4,847 4.50 3,484 7`.26 7,852 3.69 2,538 2.70 11566 1.94 3,511 015 165 5.43 6,733 .79 524 5.01 1.453 2019 2,402 .22 1,267 .65 500 .39 109 .25 815 1.14 6,708 007 ?? .15 -? .27 _m Total CB population 39.04 million Central America (22.33) million Caribbean (16.71) million Total GDP . $45 billion Exports to us (US$) imports from US (percent) 356 36 427 30 435 38 419 40 211 28 330 48 60 40 786 55 120 . 25 252 .89 383 29 1,382 51 37 45 109 30 96 28 2,378 39 - 3 Qs 3 ss 2,564 -~ Note: Population, GDP and Exports to US are in millions; imports from US are as a percent of all imports; Caribbean Basin Map - see attached Approved For Release 2009/08/07: CIA-RDP83M00914R002200220013-4 . Approved For Release 2009/08/07: CIA-RDP83MOO914R002200220013-4 Approved For Release 2009/08/07: CIA-RDP83M00914R002200220013-4 . Approved For Release 2009/08/07: CIA-RDP83MOO914R002200220013-4 III. SLR ZNBM US ECO MIC & MMI`IW ASSIZE T O T H E W BASIN Already Acted Announced Today Upon by Congress (Overal.l figures (To be Proposed ? Submitted in the to Congress) F! 83, Budget) 1981 1982 1983 1982 (Actual) (get) (Proposed) (Supplemental) Economic 420.51 473.91 664.41 3503 Developpent (DA) 168.4 211.1 217.6 Ecnic Support (ESP) 143.4 140.0 326.0 Food Aid (PL 480) 108.7 122.8 120.8 Military 50.512 112.142 106.232 604 Training ( "P) 2.22 3.24 4.93 ~- Sales Credits (Fad) 23 29 41 4 101 3 . . . Grants (ice & 506) 25.0 67.5 60 TCItMI ASSISThNM 471.01 586.04 770.63 410 Percent Military 10.7% 19.1% 13.8% 14.6% 1. For allocaticn by country, see Section IV. G. 2. For allocation by country, see Section VI. 3. Specific amounts by country will be presented in the legislative request. 4. Dollar amounts by country will be detailed in the Congressional submission. Approved For Release 2009/08/07: CIA-RDP83M00914R002200220013-4 Approved For Release 2009/08/07: CIA-RDP83M00914R002200220013-4 IV. U.S. ECONOMIC MEASURES A. Introduction The US program for the Caribbean Basin Initiative (CBI) has been developed over the last eight months in an intensive inter-agency process and wide-ranging consultations with the governments and the private sectors of donor and potential recipient countries. The resulting integrated program of trade, investment and aid attacks both emergency problems and structural impediments to long-range economic development. The backbone of the program is the offer of one-way free trade. While the economic benefits are long term, the offer of an unimpeded US market to those small nations is a major political commitment with immediate impact. It will also strongly encourage sound internal economic policies. Investment incentives (particularly extension of a significant tax incentive for US direct investment in the Basin) promise an immediate return to US investors who undertake the increased risk perceived in the Basin. They thus encourage the location of new production there. _'_ The emergency economic aid program confronts the acute liquidity crisis faced by many countries in the region. 'At stake is the survival of the private sector -- and with it the pluralism, diversity and political moderation on which viable long-run policies depend. The Development Assistance and Economic Support Funds in the FY 83 budget, which incorporate significant increases from earlier years, will be directed into new programs aimed at removing basic impediments to growth. In order to insure that Puerto Rico and the Virgin Islands can not only contribute to, but benefit from, these new policies, a package of new measures concerning them is being prepared. Approved For Release 2009/08/07: CIA-RDP83M00914R002200220013-4 . Approved For Release 2009/08/07: CIA-RDP83M00914R002200220013-4 IV. U.S. ECONOMIC MEASURES B. Free Trade Area (FTA) Given the serious economic deterioration in the Carib- bean Basin region, the trade component of the Caribbean Basin Initiative(CBI) was designed to provide the most favorable access possible for exports from the Basin. Presently, the countries of the region are already afforded liberal entry into the U.S. market. (In 1980, $6.4 billion, out of total Caribbean Basin exports to the U.S. of $10.4 billion were free of duty; a large part of dutiable trade was accounted for by petroleum -- $2.7 billion for which tariffs are not economically meaningful). Neverthe- less, some of the duties which remain in place are in sectors of special interest to the Basin countries. They also limit export expansion into many non-traditional products. The Generalized System of Preferences (GSP) already extends duty-free treatment on many products to a large number of developing countries. However, the GSP has a complex structure which limits the ability of small and relatively inexperienced traders which is the case of a great many of the Caribbean Basin's enterprises -- to take advantage of the opportunities which GSP offers. Many of the more promising prospects for Basin exports are in product categories which have been legislatively excluded from the GSP program for global reasons which are not relevant to the Caribbean Basin. Also, GSP has both dollar and percentage limitations which are arbitrary in their application to many Caribbean Basin products. Therefore, the Administration will seek legislative authority to grant beneficiaries in the Caribbean Basin duty-free treatment for 12 years for all products with the sole exception of textiles and apparel items which are subject to textile agreements. Sugar imports will receive duty-free treatment but only_up to a certain limit in order to protect the United States domestic sugar price support program mandated by Congress. The Secretary of Agriculture will retain standby authority to further limit the entry of duty-free imports, should this be necessary to protect the sugar program. Approved For Release 2009/08/07: CIA-RDP83M00914R002200220013-4 Approved For Release 2009/08/07: CIA-RDP83MOO914R002200220013-4 A safeguard mechanism will be available. This will require a finding by the International Trade Commission that increased imports are a substantial cause of serious injury or threat thereof to United States domestic industry and a. recommendation to the President to grant relief (e.g., a restoration of the tariff). Where safeguard relief is sought for perishable commodities, the CBI legislation provides authority for the Secretary of Agriculture to recommend to the President the restoration of MFN treatment on an immediate basis if warranted pending the completion of the formal escape clause process. The Rules of origin under the free trade arrangement are an important factor in determining the accessibility of duty-free access for resource poor Basin countries. The FTA has been designed to avoid fostering the type of inves- tment in the region which would result in mere "pass through" operations involving little value added in the host country. The Administration does not want to reduce the level of required local input to- the point where the FTA will encour- age "runaway plants". Because of the relatively low level of development of many of the countries in the region and their limited access to local inputs, the FTA will require ..that-Basin countries supply a minimum of 25 percent of local value added. Inputs from all Basin countries can be cumula- ted to meet the 25 percent minimum. Inputs from Puerto Rico and the Virgin Islands will be treated as Caribbean products for purposes of the Rules of Origin. The President will have discretion to designate countries in the Caribbean Basin as beneficiaries of the Free Trade Area subject to many of the same caveats contained in the GSP system (non-designation of communist countries and of countries which expropriate without compensation or which discriminate against US exports). The President will also take into account economic criteria such as the attitude of the beneficiaries towards private enterprise and the policies recipient countries are pursuing to promote their own development. The United States Government will enter into discussions with the Caribbean Basin countries to develop self-help objectives. The Free Trade Area will require the United States to seek a GATT waiver. Approved For Release 2009/08/07: CIA-RDP83MOO914R002200220013-4 Approved For Release 2009/08/07: CIA-RDP83M00914R002200220013-4 12 IV. U.S. ECONOMIC MEASURES C. Textiles The textile and apparel industry in most Caribbean Basin countries is of modest scale. U.S. imports from the region in 1981 amounted to $472 million and 192 million square yards equivalent, accounting for 6 percent of total U.S. imports of apparel on a volume basis. Most textile exports from Caribbean Basin countries to the Q.S. are made by U.S. companies which assemble garments in those countries from fabric produced and cut in the U.S. Under section 807 of the U.S. tariff code, these companies pay duty only on the value-added abroad. In 1981 the U.S. exported $8 million worth of textile machinery and $519 million worth of textile and apparel products to the Caribbean Basin countries, much of the latter as cut fabric for assembly into garments. International textile trade is governed by the provisions of the GATT Arrangment commonly known as the Multi-Fiber Arrangement (MFA). The MFA provides a framework for insuring orderly development of textile and apparel trade while avoiding disruption of importing country markets. In recognition of the special nature of textile trade as reflected by the MFA, textile and apparel products are not proposed for duty free treatment under the CBI. The U.S. government intends, however, to allow more favorable access for Caribbean Basin products, on a case-by-case basis within the context of overall Administration textile policy implementing the MFA. The U.S. government will continue to seek tighter limits on import growth from our major suppliers. The U.S. has textile trade agreements with Haiti, the Dominican Republic, Costa Rica, and Jamaica, which set agreed levels of trade for certain products. (No quotas are currently in effect under the Jamaica agreement.) Approved For Release 2009/08/07: CIA-RDP83M00914R002200220013-4 Approved For Release 2009/08/07: CIA-RDP83M00914R002200220013-4 IV. U.S. ECONOMIC MEASURES D. Tax Measures The Administration recognizes that some US entrepre- neurs may be hesitant to invest in some Caribbean Basin countries. The risk may be perceived as high for venture capital, especially when coupled with the start-up costs of developing new markets and marketing channels, training new local employees and managers, and overcoming transportation bottlenecks to ensure a steady. flow of raw materials and export products. For this reason, the Administration is developing a tax proposal to encourage US investment in the Caribbean Basin. We are still consulting on the exact nature of this proposal. An example of a possible tax measure under discussion is a five year legislative extension of the domestic investment tax credit for up to 10 percent of the amount of fixed asset investment in the countries of the region. Such a system would operate in much the same fashion as does the tax credit for investment currently in effect in the United States. The tax credit would be granted for a five year period to individual countries which enter into executive agreements for tax administration purposes. After the five year period., the program would be evaluated and a decision made on whether to continue the extension. The credit would permit US businesses to reduce their net tax liability in the United States. Approved For Release 2009/08/07: CIA-RDP83M00914R002200220013-4 . Approved For Release 2009/08/07: CIA-RDP83MOO914R002200220013-4 IV. U.S. ECONOMIC MEASURES E. Bilateral Investment Treaties Bilateral investment treaties (BITS) are intended to help stabilize the bilateral investment relationship with a developing country by establishing an agreed legal framework for investment, by assuring certain minimum standards of treatment, and by providing agreed means for resolving investment disputes. Other developed countries are further along in their BIT programs than the US. (The Federal Republic of Germany, for example, has approximately 50 outstanding.) During .1981 the US developed a prototype BIT and late in the year began discussions with several countries. It is generally agreed that the US prototype treats the investment issue more comprehensively than the treaties signed by other developed countries and has the potential to have a greater impact on LDC investment climates. The key elements of the US prototype BIT are: provisions concerning entry and duration of investment; treatment for established US investors which is no less favorable than that given domestic investors and other foreign investors; ?- prompt, adequate and effective compensation in the event of nationalization; unrestricted repatriation and other transfers of assets; dispute settlement provisions. The US is prepared to negotiate bilateral investment treaties with interested countries in the Caribbean Basin. Negotiations have already begun with Panama, at that country's initiative. Approved For Release 2009/08/07: CIA-RDP83MOO914R002200220013-4 Approved For Release 2009/08/07: CIA-RDP83MOO914R002200220013-4 15 - IV. U.S. ECONOMIC MEASURES F. Investment Insurance and OPIC Programs The Overseas Private Investment Corporation (OPIC) currently offers political risk insurance for U.S. investors in approximately 100 developing countries. Coverages offered are for expropriation, war risk, and inconvertibility. Similar programs are offered by other developed countries, although their participation in Latin America varies according to perceived commercial and strategic interests. - OPIC also has other programs to facilitate U.S. investment flows to the Caribbean Basin region. OPIC can make direct loans for certain kinds of investments. This authority is used almost exclusively in the region. OPIC also organizes missions of U.S..businessmen to explore investment opportunities. In late 1981 OPIC took investment missions to two Basin states: Jamaica and Haiti. OPIC is increasing its activities in the Caribbean Basin in both the insurance and other programs. However, for legislative and other reasons, there are gaps in insurance coverage available to Caribbean Basin investment. These include: -- Limited coverages in countries where OPIC is at or near its country limit; - Lack of country domestic general coverage for non-developed investment, i.e., regional investment, investment, OPEC investment; Lack of sufficient coverage for major investments in mining and energy production. To expand insurance coverage available to eligible. U.S.investors, OPIC is working with private sector insurers to establish informal consortia where appropriate on a project by project basis. Mixed coverage of this kind is currently being discussed for a major project in the Basin. For other investments not eligible for OPIC coverage, some form of multilateral insurance may be possible. World Bank (IBRD) President Clausen stated his interest in examining such a scheme in his September 1981 speech to the World Bank Board of Governors. Approved For Release 2009/08/07: CIA-RDP83MOO914R002200220013-4 Approved For Release 2009/08/07: CIA-RDP83M00914R002200220013-4 IV. US ECONOMIC MEASURES G. CONCESSIONAL AID Concessional US assistance is expected to increase rapidly under The Caribbean Basin Initiative. The three primary'tools for providing direct economic aid are: (1) development assistance (DA), which is project oriented; with emphasis on agriculture, health and population problems; (2) economic support funds (ESF), which are more flexible and can provide direct balance of payments support as well as credit for crucial imports; and (3) food aid, provided through PL 480 programs, which provides needed foreign exchange and generates counterpart development funds. Some increase of total concessional assistance to the Caribbean Basin is planned in FY 1982 under the current budget level. A major increase will be achieved, however, through a $350 million supplemental request to Congress to increase FY 1982 funding. In FY 1983 the proposed level is more than 50 percent higher than the actual level of obligations in FY. 1981, and double the FY 1980 level. The bulk of the planned increase in US assistance is in the Economic Support Fund program for the region. ESF assistance for the Basin would increase from $15 million in FY 1980 to $490 million in FY 1982 if the supplemental request is approved, and to $326 million in FY 1983. The ESF would be used primarily to finance private sector imports, thus strengthening the balance- of-payments of key countries of the Basin while facilitating increased domestic production and employment. At the same time, we will be discussing with Qther donors such as the International Monetary Fund and the World Bank, and with the policy makers of these countries, possible reform measures to ensure that the ESP assistance is utilized effectively and will have the greatest possible impact on local production and employment. In FY 1982, Development Assistance for the Basin will increase by $43 million, or 25 percent, over the FY 1981 level. In FY 1983, $218 million of DA is proposed, a further increase of 3 percent over the FY 1982 level. These amounts are approximately the same as the $215 million of DA provided in FY 1980, Approved For Release 2009/08/07: CIA-RDP83M00914R002200220013-4 Approved For Release 2009/08/07: CIA-RDP83MOO914R002200220013-4 but the DA level in FY 1980 was extraordinarily high since it included funding provided in response to several natural disasters in the Caribbean as well as to the worsening situation in Central America. Food for Peace assistance under PL 480 is projected to increase by $40 million, or nearly 50 percent, over FY 1980 levels. This will increase the foodstuffs available in the Basin countries while also providing balance-of-payments support. Local currency generated through this assistance supports local development activities and helps reduce government budget deficits. Conditions associated with this assistance relate to macroeconomic policy reforms as well as policies and programs to increase agricultural production. Assistance under the Caribbean Basin Initiative will be focused. increasingly on private sector support. Both capital and technical assistance will be provided to ameliorate infrastructure, credit, institutional, and training constraints to trade and investment expansion throughout the area. The attached table shows: (1) actual amounts of...concessional assistance to the Basin in fiscal years 1980 and 1981; (2) current planning figures for FY 82; and (3) Congressional presentation proposals for FY 83. Country planning figures for the $350 million supplemental for FY 82 will include increases to El Salvador, Costa Rica and Jamaica. Other recipients will be countries such as Honduras, Dominican Republic, Belize and the Eastern Caribbean. Approved For Release 2009/08/07: CIA-RDP83MOO914R002200220013-4 Approved For Release 2009/08/07: CIA-RDP83MOO914R002200220013-4 US Concessicnal Assistance to Caribbean Basin ($ 000) 1980 1981 1982 Current 1983 Congressional Actual Actual Budq2t Presentation Costa Rica 13,635 13,289 50,955 85,000 13,561 11,475 12,955 13,000 ESP - 20,000 60,000 PL 480 74 1,814 .18,000 10,000 El Salvador 58,524 104,522 104,478 164,921 43,L55 33,345 34,970 25,000 ESP 9,100 44,900 40,000 105,000 PL 480 6,269 26,277 29,508 34,921 Guatemala 11,440 161689 11,768 13 009 EA 7,764 9,135 5,764 2 8,000 EP PL 480 3,676 7,554 6,004 5,009 Haas 50,653 36,106 38,012 631064 LA 45,824 25,660 28,770 29,000 I SF - - - 25,000 PL 480 4,829 10,446 9,242 9,064 Nicara%a 37,002 59E639 23,0069 - DA 18,306 1,825 2,426 ESP 1,125 56,574 -* -* PL 480 17,571 1,240 643 Panama 21104 10, 489 11,239 13c344 DA 1,043 8,639 9,191 11,000 EP - - - - PL 480 1,061 1,850 2,048 1,344 FCCAP 4,156 11,498 17,950 19,000 CA 4,156 10,598 17,950 1000 ES? - 900 - - Sub-Total Central America 177,514 252.232 257,471 357,338 IA 133,809 100,677 L12,026* 107,000 ESP 10,225 102,374 80,000 190,000 PL 480 33,480 49,181 65,445 60,338 Dominican Repiblic 54,803 36,749 45,222 47,783 CA 34,640 17,393 24,700 26,000 ESP - - - - PL 480 20,163 19,356 20,522 20,783 Approved For Release 2009/08/07: CIA-RDP83MOO914R002200220013-4 Approved For Release 2009/08/07: CIA-RDP83MOO914R002200220013-4 U.S. Concessional Assistance to Caribbean Basin 1980 1981 1982 1983 Actual Actual Current Congressional Budget Presentati DA ESP PL-480 DA ESP PL 480 DA ESF PL 480 4,965 1234 2,286 2,672 2,537 1,207 2,210 2,600 2,428 27 76 72 27,851 34,036 31,531 34,725 10,127 9,160 13,015 15,000 1,000 16,724 24,876 19,516 19,725 12,694 69.132 87,098 112,014 2,684 12,924 29,571 37,000 ? 41,000 40,000 55,000 10,010 15,208 17,527 20,014 Caribbean Regional 46,110 27,099 50,645 61,000 DA 41,183 27,044 30,605 30,000 ESP 4,000 ? 20,000 31,000 PL-480 927 55 40 Sub-Total Caribbean 146,423 168,250 2162782 258,194 DA 91,171 67,728 99,101 110,600 ESP 5,000 41,000 60,000 86,000 PL-480 50,252 59,522 57,681 60,594 LAC Regional,'* ? 50, 000 DA - .e. `' F - -? 50,000** PL 480 ?. ..-. .... Total Caribbean Basin **** 323,937 420,482 474,253 664,532 224,980 168,405 211,127 * 217,600 ESP 15,225 143,374 140,000 326,000 PL-480 83,732 108,703 123,126 120,932 Sucole