MODIFICATION TO THE CARIBBEAN BASIN ECONOMIC RECOVERY ACT.

SEC. 402. MODIFICATION TO THE CARIBBEAN BASIN ECONOMIC RECOVERY ACT. (a) In General.—Section 212(b) of the Caribbean Basin Economic Recovery Act (19 U.S.C. 2702(b)) is amended by striking “Panama” from the list of countries eligible for designation as beneficiary countries. (b) Effective Date.—The amendment made by subsection (a) takes effect on the date on which the President terminates the designation of Panama as a beneficiary country pursuant to section 201(a)(3) of this Act.