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feb 24, 1982 - 39. Caribbean Basin Initiative

Description:

February 24th, 1982

The Caribbean Basin Initiative (CBI) was an initiative implemented by the United States to help develop the economies of countries in the Caribbean region. The US mainly did this by offering countries duty-free access to US markets. This event is significant because it built ties between Caribbean countries and the United States.

Added to timeline:

Date:

feb 24, 1982
Now
~ 43 years ago