Term -Caribbean Basin country end product

Caribbean Basin country end product-

    (i) Means an article that-
        (A) Is
wholly the growth, product, or manufacture of a Caribbean Basin
country; or
        (B) In
the case of an article that onsists in whole or in part of materials
from another country or instrumentality, has been substantially
transformed in a Caribbean Basin country into a new and different
article of commerce with a name, character, or use distinct from that
of the article or articles from which it was so transformed. The term
refers to a product offered for purchase under a supply contract, but
for purposes of calculating the value of the end product includes
services (except transportation services) incidental to its supply,
provided that the value of those incidental services does not exceed
the value of the product itself.

    (ii) Excludes products, other than petroleum and any product derived from petroleum, that are not granted
duty-free treatment under the Caribbean Basin Economic Recovery Act (19
U.S.C. 2703(b)). These exclusions presently consist of-
        (A)
Textiles and apparel articles that are subject to textile agreements;
        (B)
Footwear, handbags, luggage, flat goods, work gloves, and leather
wearing apparel not designated as eligible articles for the purpose of
the Generalized System of Preferences under Title V of the Trade Act of
1974;
        (C) Tuna,
prepared or preserved in any manner in airtight containers; and
        (D) Watches and watch parts (including cases, bracelets, and straps) of whatever type, including, but not limited to, mechanical, quartz
digital, or quartz analog, if such watches or watch parts contain any
material that is the product of any country to which Harmonized Tariff
Schedule column 2 rates of duty apply.

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