CARICOM: Overview and Key Information
CARICOM, or the Caribbean Community, is a regional organization that promotes economic integration, cooperation, and development among its member states, primarily located in the Caribbean. It was established by the Treaty of Chaguaramas on July 4, 1973.
Objectives of CARICOM
CARICOM’s main goals include:
Economic Integration: Establishing a single market and economy (CSME - CARICOM Single Market and Economy) to facilitate free movement of goods, services, capital, and labor.
Policy Coordination: Collaborating on economic, trade, and development policies.
Advancing Human and Social Development: Promoting better health, education, and cultural exchange.
Addressing Shared Challenges: Tackling issues like climate change, disaster resilience, and regional security.
Key Features of CARICOM
Membership
Full Members (15):
Antigua and Barbuda
The Bahamas
Barbados
Belize
Dominica
Grenada
Guyana
Haiti
Jamaica
Montserrat
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines
Suriname
Trinidad and Tobago
Associate Members (5):
Anguilla
Bermuda
British Virgin Islands
Cayman Islands
Turks and Caicos Islands
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