The U.S. General Accounting Office released Wednesday a lengthy report assessing the impact of the Jones Act on Puerto Rico’s economy, saying, among other things, that the effects modifying the application of mandate “are highly uncertain, and various trade-offs could materialize depending on how the Act is modified.”
The government of Jamaica announced Tuesday that the World Bank has agreed to provide technical assistance in respect of preparing a master plan to create a Caribbean logistics hub in anticipation of completion of the Panama Canal Expansion Project in 2015.
The U.S. Government Accountability Office is “actively working” on Resident Commissioner Pedro Pierluisi’s request to determine the economic impact that the cabotage laws have on Puerto Rico, his office said Monday.
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