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Caribbean (CARICOM) Single Market And Economy
The CARICOM Single Market and Economy, also known as the Caribbean Single Market and Economy (CSME), is an integrated development strategy envisioned at the 10th Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM) which took place in July 1989 in Grand Anse, Grenada. The Grand Anse Declaration had three key Features: #Deepening economic integration by advancing beyond a common market towards a Single Market and Economy. #Widening the membership and thereby expanding the economic mass of the Caribbean Community (e.g. Suriname and Haiti were admitted as full members in 1995 and 2002 respectively). #Progressive insertion of the region into the global trading and economic system by strengthening trading links with non-traditional partners. A precursor to CARICOM and its CSME was the Caribbean Free Trade Agreement, formed in 1965 and dissolved in 1973. Single market and economy The CSME will be implemented through a number of phases, first being the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Caribbean Community
The Caribbean Community (CARICOM or CC) is an intergovernmental organization that is a political and economic union of 15 member states (14 nation-states and one dependency) throughout the Caribbean. They have primary objectives to promote economic integration and cooperation among its members, ensure that the benefits of integration are equitably shared, and coordinate foreign policy. The organization was established in 1973 with its four founding members signing the Treaty of Chaguaramas. Its primary activities involve: * Coordinating economic policies and development planning. * Devising and instituting special projects for the less-developed countries within its jurisdiction. * Operating as a regional single market for many of its members (Caricom Single Market). * Handling regional trade disputes. The secretariat headquarters is in Georgetown, Guyana. CARICOM is an official United Nations Observer beneficiary. CARICOM was established by the English-speaking parts of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
