FEASIBILITY STUDY REGARDING A CARIBBEAN TRADE INSTITUTE.

SEC. 217. FEASIBILITY STUDY REGARDING A CARIBBEAN TRADE INSTITUTE. (a) The Secretary of State shall prepare a study regarding the feasibility of establishing a Caribbean Trade Institute in Harlem, New York City, supported by a combination of Federal and private funds. (b) The study shall include, but not be limited to, an assessment of the extent to which, and the means by which, a Caribbean Trade Institute could— (1) facilitate cooperation between public and private entities interested in engaging in or furthering Caribbean trade; (2) serve as a catalyst for greater cultural exchange between the United States and Caribbean nations; and (3) facilitate expansion of job opportunities both in the United States and the Caribbean Basin. The study shall also include suggestions regarding the organization and staffing of such an institute. (c) The study required by this section shall be submitted to the Congress within six months after the date of the enactment of this Act.