    [Public Papers of the Presidents of the United States: WILLIAM J. CLINTON (2000, Book I)]
    [April 14, 2000]
    [Pages 715-716]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Statement on Congressional Action on Africa and Caribbean Basin Trade
    Legislation
    April 14, 2000

        The bipartisan agreement reached by the House and Senate on the
    Africa and Caribbean Basin trade legislation is a major step toward
    enactment of these historic initiatives. This bill is a win-win
    proposition for the United States and our friends in Africa and the
    Caribbean Basin. It will boost investment, economic growth, and job
    creation in these countries, while improving the global competitive
    position of our own textile industry. It will help promote

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    economic reform, reduce poverty, and broaden participation in the
    benefits of the global economy. I congratulate congressional leaders
    from both parties who worked hard to reach this agreement. I urge
    Congress to complete the remaining work on the bill rapidly so that
    final approval can occur during the first week after its Easter recess.