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Questions and Answers
CARICOM was established in 1963.
CARICOM was established in 1963.
False
The first prime ministers to sign the Treaty of Chaguaramas were from Guyana, Trinidad and Tobago, Jamaica, and Barbados.
The first prime ministers to sign the Treaty of Chaguaramas were from Guyana, Trinidad and Tobago, Jamaica, and Barbados.
True
CARICOM aims to promote military cooperation among its members.
CARICOM aims to promote military cooperation among its members.
False
Canada is an Associate Member of CARICOM.
Canada is an Associate Member of CARICOM.
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The CARICOM Single Market & Economy (CSME) allows free movement of goods, skills, labor, and business among participating countries.
The CARICOM Single Market & Economy (CSME) allows free movement of goods, skills, labor, and business among participating countries.
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CARICOM has only 10 member countries.
CARICOM has only 10 member countries.
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The secretariat of CARICOM is located in Jamaica.
The secretariat of CARICOM is located in Jamaica.
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Cuba is a full member of CARICOM.
Cuba is a full member of CARICOM.
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The main goal of CARICOM is to reduce customs duties and tariffs among its members.
The main goal of CARICOM is to reduce customs duties and tariffs among its members.
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Belize is not a member of CARICOM.
Belize is not a member of CARICOM.
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Study Notes
Caribbean Community (CARICOM)
The Caribbean Community (CARICOM) is an intergovernmental organization of 15 independent countries located in the Caribbean region, with Barbados serving as its secretariat. Established in 1973, it aims to promote economic cooperation among its members and coordinate their foreign policies. Let's delve deeper into the history and member countries of CARICOM.
History
In July 1973, the first prime ministers of the West Indies Associated States (WIA), Guyana, Trinidad and Tobago, Jamaica, and Barbados, signed the Treaty of Chaguaramas at the Port of Spain, Trinidad, officially establishing the Caribbean Community. The treaty was designed to encourage cooperation between these nations and facilitate the movement of people, capital, goods, and services within the community. Over time, CARICOM has grown and evolved to encompass other islands in the Caribbean.
Regional Integration
Since its establishment, CARICOM has strived for regional integration through the free trade area known as CSME (CARICOM Single Market & Economy). This initiative allows free movement of goods, skills, labor, and business among participating countries. It also aims to reduce customs duties and tariffs, harmonize laws and regulations, and streamline public procurement processes.
Member Countries
As of today, the following 15 countries are full members of CARICOM:
- Antigua and Barbuda
- The Bahamas
- Belize
- Canada (Observer State)
- Cuba (Associate Member)
- Dominica
- Grenada
- Guyana
- Haiti
- Jamaica
- Montserrat
- Saint Kitts and Nevis
- Saint Lucia
- St. Vincent and the Grenadines
- Suriname
- Trinidad and Tobago
Throughout its history, CARICOM has played a pivotal role in fostering unity and cooperation among its member states, promoting sustainable development, and enhancing the quality of life of its citizens. However, it still faces numerous challenges, such as high levels of debt and dependency on foreign trade, which require concerted efforts from its members to overcome.
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Description
Learn about the Caribbean Community (CARICOM) which is an intergovernmental organization of 15 independent countries in the Caribbean region. Explore its history, member countries, and efforts towards regional integration through initiatives like the CSME. Understand the challenges and achievements of CARICOM in promoting cooperation and sustainable development.
