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SECTION 1. SHORT TITLE.

This Act may be cited as the ''Caribbean Regional Assistance Act of
2001''.

SEC. 2. FINDINGS.

The Congress makes the following findings:
(1) The 16 countries of the Caribbean region constitute a
''third border'' with the United States because of the
proximity and importance of countries in this region as a
tourist destination.
(2) Unemployment, weak judicial systems, environmental
degradation, and natural disasters in the Caribbean region
directly affect the well-being of the United States and the
future of the countries in this region will inevitably affect
the future of the United States.
(3) The public sector in many Caribbean countries lacks
appropriate training and clearly defined authority and needs to
become more efficient.
(4) In the 1990's economic growth in the Caribbean region
lagged seriously behind economic growth in the Latin American
region. This discrepancy will produce significantly lower
living standards and lower levels of tax revenues with which to
address critical social needs for the Caribbean region.
(5) Highly trained labor is often unavailable in the
Caribbean region and governmental red tape limits the ability
of the private sector to take full advantage of opportunities
in the world marketplace.
(6) Heavy reliance on relatively few exports and tourism
products and the relatively high cost of transportation and
telecommunications services further constrain growth in the
Caribbean region.
(7) A more regional corporate strategy for business success
and competition in the global marketplace needs to be developed
for the Caribbean region.
(8) Many small Caribbean countries are facing severe
economic and social stress due to the decline in banana
production and the prospective loss or curtailment of existing
European Union trade preferences.
(9) Economic displacement of small farmers and individuals
employed in the supporting infrastructure of the banana
industry--individuals who comprise approximately 50 percent of
the workforce of some Caribbean countries--will continue and
will place added pressures on the economies of these countries.
(10) In the small open economies of countries in the
Caribbean region, growth can only be achieved as the policies
and products of these countries, both goods and services,
become increasingly competitive in the global market.
(11) Deterioration in economic, social, and political
conditions in the small countries of the Caribbean region is
leading to increased crime in the region and increased illegal
immigration to the United States.
(12) The United States is also concerned about narcotics
trafficking in the Caribbean region, particularly with respect
to continuing bilateral cooperation with Caribbean governments
in drug interdiction and combating money laundering.
(13) The economic and social development of the Caribbean
region depends on the efficiency and fairness of the legal
systems of this region. There is a widespread perception that
the legal systems in the Caribbean region are inefficient and
ineffective and that the administration of law and the quality
of justice that is rendered needs to be improved.
(14) The ecosystems which sustain the economies of the
countries of the Caribbean region, whether based on
agriculture, fisheries, or tourism, are under severe and
increasing stress.
(15) Environmental problems in the Caribbean region arise
from inadequate and inappropriate waste management, land use
practices, and coastal zone management.
(16) The Caribbean region currently has the highest HIV/
AIDS prevalence rate of any region in the world other than sub-
Saharan Africa. Out of the 12 countries with the highest HIV/
AIDS prevalence rates in Latin America and the Caribbean
region, 9 are in the Caribbean region. HIV/AIDS has spread to
the general population in 5 countries in the Caribbean region,
and in other Caribbean countries the epidemic is accelerating
rapidly and is poised to strike the remaining general
populations.
(17) The enactment in 1983 of the Caribbean Basin Economic
Recovery Act represented a successful commitment by the United
States to encourage the development of strong democratic
governments and revitalized economies in neighboring countries
in the Caribbean region.
(18) In May 1997, United States and Caribbean leaders met
in Bridgetown, Barbados, and pledged to strengthen cooperation
in responding to the challenges of the coming millennium.
(19) The Bridgetown Barbados Summit commits the United
States and signatory Caribbean countries to a Plan of Action in
the areas of trade, economic development, and justice and
security.
(20) In April 1998 leaders from the Western Hemisphere
nations met in Santiago, Chile, and noted in their summit
declaration that ''the real economic benefits in the Americas
[result] from more open trade, transparency in economic
regulations, sound market-based policies, as well as efforts by
the private sector to increase competitiveness''.
(21) The United States is committed to completing a Free
Trade Area of the Americas (FTAA) process by 2005 in order to
expand markets for United States goods and services and to help
ensure safe destinations for United States foreign investment.

SEC. 3. AMENDMENT TO FOREIGN ASSISTANCE ACT OF 1961.

Part I of the Foreign Assistance Act of 1961 (22 U.S.C. 2151 et
seq.) is amended by adding at the end the following:

''CHAPTER 13--ASSISTANCE FOR THE CARIBBEAN REGION

''SEC. 499N. PURPOSE.

''The purpose of this chapter is to provide assistance for the
countries of the Caribbean region to promote broad-based, sustainable,
and successful economic development and growth that emphasizes small
economy diversification, technical training, trade enhancement,
judicial reform, environmental management, and other related goals.

''SEC. 499O. AUTHORIZATION.

''The President, acting through the Administrator of the United
States Agency for International Development, is authorized to establish
and carry out a coordinated program to provide assistance for the
countries of the Caribbean region to support the economic and
development activities described in section 499P.

''SEC. 499P. ACTIVITIES.

''Activities that may be supported by assistance under section 499O
include the following:
''(1) Improvement of governmental institutions.--Activities
to improve the quality and capacity of governmental
institutions of countries of the Caribbean region, including
activities--
''(A) to provide technical assistance and training
for institutions that provide customs services, revenue
collection, or institutions which promote investment
opportunities;
''(B) to provide assistance for specialized
training to judges and magistrates in order to improve
efficiency and to reduce case backlogs of Caribbean
court systems; and
''(C) to coordinate and consolidate administrative
procedures and to expand the use of alternative dispute
resolution mechanisms.
''(2) Economic diversification.--Activities to improve the
economic diversification of countries of the Caribbean region,
including activities--
''(A) to provide technical assistance and training
to such countries to develop more focused regional
business strategies to increase the development of new
businesses and stimulate competition among businesses;
''(B) to increase lending assistance to small and
micro-enterprises, to improve institutions that provide
training for such enterprises, and to enhance the
ability of such enterprises to market products and
increase production capacity;
''(C) to promote compliance by such countries and
regional organizations with the World Trade
Organization (WTO) and the proposed Free Trade Area of
the Americas (FTAA);
''(D) to promote the tourism industry of the
Caribbean region through the development of community-
based tourism, sustainable tourism, and public-private
partnerships; and
''(E) to promote the diversification of the
agricultural sector by improving the production and
marketing of competitive, non-traditional agricultural
commodities.
''(3) Environmental management.--Activities to increase the
capacity of governments of countries of the Caribbean region to
provide environmental management services, including
activities--
''(A) to fund programs to strengthen environmental
management organizations and legal frameworks; and
''(B) to increase public awareness of and encourage
public compliance with environmental regulations.
''(4) HIV/AIDS prevention and treatment.--Activities to
reduce the rate of HIV/AIDS in countries of the Caribbean
region and to provide treatment for individuals with HIV/AIDS
in such region.

''SEC. 499Q. CREDIT ASSISTANCE.

''In carrying out the program authorized under section 499O, the
President is encouraged to provide credit assistance to carry out the
economic and development activities described in section 499P. The
provisions of section 107A(d) (relating to general provisions
applicable to development credit authority), as proposed to be added to
this Act by section 306 of H.R. 1486 (as reported in the House of
Representatives in the 105th Congress), shall apply with respect to
credit assistance provided under the program.

''SEC. 499R. DEFINITIONS.

''In this chapter:
''(1) Countries of the caribbean region.--The term
'countries of the Caribbean region'--
''(A) means Antigua and Barbuda, the Commonwealth
of the Bahamas, Barbados, Belize, the Commonwealth of
Dominica, the Dominican Republic, Grenada, the Co-
operative Republic of Guyana, the Republic of Haiti,
Jamaica, Saint Kitts and Nevis, Saint Lucia, Saint
Vincent and the Grenadines, the Republic of Suriname,
and the Republic of Trinidad and Tobago; and
''(B) includes Montserrat.
''(2) HIV/AIDS.--The term 'HIV/AIDS' means infection with
the human immunodeficiency virus. Such term includes the
acquired immune deficiency syndrome.

''SEC. 499S. AUTHORIZATION OF APPROPRIATIONS.

''(a) In General.--In addition to amounts otherwise available for
the purposes of this chapter, there are authorized to be appropriated
to carry out this chapter $8,000,000 for each of the fiscal years 2002
through 2006.
''(b) Availability.--Amounts appropriated pursuant to the
authorization of appropriations under subsection (a) are authorized to
remain available until expended.''.

SEC. 4. USAID OFFICE FOR THE CARIBBEAN REGION.

The Administrator of the United States Agency for International
Development is authorized to establish an office in Bridgetown,
Barbados, or in another appropriate country in the Caribbean region,
for the purpose of carrying out chapter 13 of part I of the Foreign
Assistance Act of 1961, as added by section 3 of this Act.

SEC. 5. REPORT.

(a) Report.--
(1) In general.--Not later than 90 days after the date of
the enactment of this Act, the Administrator of the United
States Agency for International Development shall prepare and
submit to the appropriate congressional committees a report
that contains a proposed plan to implement chapter 13 of part I
of the Foreign Assistance Act of 1961, as added by section 3 of
this Act.
(2) Plan requirements.--The plan referred to in paragraph
(1) shall contain, at a minimum, the following:
(A) Key objectives for assistance to be provided
under chapter 13 of part I of the Foreign Assistance
Act of 1961 for countries in the Caribbean region.
(B) Actions required to support and achieve such
objectives, including a schedule and cost estimates for
implementing such actions.
(C) A description of the benchmarks to be used to
measure the progress toward such objectives.
(D) A description of how such objectives relate to
and affect the overall United States objectives for the
Western Hemisphere and worldwide.
(b) Definition.--In this section, the term ''appropriate
congressional committees'' means the Committee on International
Relations of the House of Representatives and the Committee on Foreign
Relations of the Senate.
Output:
Caribbean Regional Assistance Act of 2001 - Amends the Foreign Assistance Act of 1961 to authorize the President to provide U.S. credit assistance to countries of the Caribbean region to promote broad-based, sustainable, and successful economic development and growth that emphasizes activities to: (1) improve the quality and capacity of governmental institutions of countries of the Caribbean region; (2) improve economic diversification there; (3) increase the capacity of such governments to provide environmental management services; and (4) reduce the rate of, and provide for the treatment of individuals with, HIV/AIDS in such region.Authorizes the Administrator of the U.S. Agency for International Development to establish an office in Bridgetown, Barbados, or in another appropriate country in the Caribbean region, for the purpose of carrying out the activities contained in this Act.