The Caribbean Community and Common Market (CARICOM)
The Caribbean Community and Common Market (CARICOM)
THE HISTORY OF CARICOM:
The Caribbean Community (CARICOM), originally the Caribbean Community and Common Market, was established by the Treaty of Chaguaramas which came into effect on 1 August 1973. The first four signatories were Barbados, Jamaica, Guyana and Trinidad & Tobago.
CARICOM superseded the 1965–1972 Caribbean Free Trade Association (CARIFTA), which had been organized to provide a continued economic linkage between the English-speaking countries of the Caribbean following the dissolution of the West Indies Federation which lasted from 3 January 1958 to 31 May 1962.
A Revised Treaty of Chaguaramas establishing the Caribbean Community including the CARICOM Single Market and Economy (CSME) was signed by the CARICOM Heads of Government of the Caribbean Community on 5 July 2001 at their Twenty-Second Meeting of the Conference in Nassau, The Bahamas.
THE PURPOSES OF CARICOM:
The Caribbean Community (CARICOM) is an organization of 15 Caribbean nations and dependencies. CARICOM's main purposes are to promote economic integration and cooperation among its members, to ensure that the benefits of integration are equitably shared, and to coordinate foreign policy. Its major 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), and handling regional trade disputes. The secretariat headquarters is based in Georgetown, Guyana.
CARICOM MEMBER STATES :
Antigua and Barbuda, The Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint Lucia, St. Kitts and Nevis, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago
CARICOM ASSOCIATE MEMBERS:
Anguilla - 4 July 1999
Bermuda - 2 July 2003
British Virgin Islands - 2 July 1991
Cayman Islands - 15 May 2002
Turks
THE HISTORY OF CARICOM:
The Caribbean Community (CARICOM), originally the Caribbean Community and Common Market, was established by the Treaty of Chaguaramas which came into effect on 1 August 1973. The first four signatories were Barbados, Jamaica, Guyana and Trinidad & Tobago.
CARICOM superseded the 1965–1972 Caribbean Free Trade Association (CARIFTA), which had been organized to provide a continued economic linkage between the English-speaking countries of the Caribbean following the dissolution of the West Indies Federation which lasted from 3 January 1958 to 31 May 1962.
A Revised Treaty of Chaguaramas establishing the Caribbean Community including the CARICOM Single Market and Economy (CSME) was signed by the CARICOM Heads of Government of the Caribbean Community on 5 July 2001 at their Twenty-Second Meeting of the Conference in Nassau, The Bahamas.
THE PURPOSES OF CARICOM:
The Caribbean Community (CARICOM) is an organization of 15 Caribbean nations and dependencies. CARICOM's main purposes are to promote economic integration and cooperation among its members, to ensure that the benefits of integration are equitably shared, and to coordinate foreign policy. Its major 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), and handling regional trade disputes. The secretariat headquarters is based in Georgetown, Guyana.
CARICOM MEMBER STATES :
Antigua and Barbuda, The Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint Lucia, St. Kitts and Nevis, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago
CARICOM ASSOCIATE MEMBERS:
Anguilla - 4 July 1999
Bermuda - 2 July 2003
British Virgin Islands - 2 July 1991
Cayman Islands - 15 May 2002
Turks