The World - News from June 28, 1985

President Reagan’s Caribbean Basin Initiative, an effort to shore up the area’s democracies through U.S. aid, is well into its second year but so far has met with only limited success, a private study said. “The results of the first year are disappointing,” the private Overseas Development Council said. Trade figures show that the countries that were to reap the benefits of duty-free access to U.S. markets, among other benefits, have been less successful than many other developing nations in increasing exports to the United States, according to the study.