Y

V
THE CARIBBEAN COMMUNITY
COMPRISES 15 MEMBER STATES
 6

 ALL 12 CSME MEMBER STATES ARE

SINGLE MARKET READY

- ANTIGUA AND BARBUDA - BARBADOS

- BELIZE - DOMINICA
- GRENADA - GUYANA
- JAMAICA - ST. KITTS AND NEVIS
- ST. LUCIA - SURINAME
- ST. VINCENT AND THE GRENADINES - TRINIDAD AND TOBAGO
 ’

PRIMARY ELEMENTS

d FREE MOVEMENT OF GOODS

d FREE MOVEMENT OF SKILLED NATIONALS
d FREE MOVEMENT OF CAPITAL
d FREE MOVEMENT OF SERVICES
 ÷

FREE MOVEMENT OF GOODS

d CUSTOMS UNION TO BE ESTABLISHED
d FREE TRADE AREA ALREADY EXIST
d TREATY DOES NOT PROHIBIT DUMPING BUT IT
AUTHORIZES IMPOSITION OF ANTI-DUMPING
DUTIES AND COUNTER MEASURES
d CROSS - REGIONAL STANDARDS FOR
PRODUCTION
 ×

FREE MOVEMENT OF SKILLED NATIONALS

d UNIVERSITY GRADUATES
d MEDIA WORKERS
d SPORTS PERSONS
d MUSICIANS
d ARTISTES AND
d MANAGERIAL, SUPERVISORY AND TECHNICAL
STAFF
d NURSES
d TEACHERS
 

EXPANSION OF ELIGIBLE CATEGORIES

d 2007 - Associates Degrees and Equivalent

Professional, Technical and Vocational
Qualifications (Caribbean Vocational Qualifications
² October 2007)
d 2007 ² Regional Occupational Standards for
Domestics
d 2008 ² CXC O·Levels and equivalent Technical and
Vocational Qualifications
d 2009 ² All CARICOM Nationals
 D

FREE MOVEMENT OF SERVICES

d THE RIGHT TO PROVIDE SERVICES ACROSS

THE SINGLE MARKET

d HAVE ACCESS TO LAND, BUILDINGS, AND

OTHER PROPERTY
 r

RIGHTS OF ESTABLISHMENT

‰ ACCESS TO LAND, BUILDINGS AND PROPERTY

‰ TRANSFER OF MANAGERIAL, TECHNICAL AND
SUPERVISORY STAFF
‰ HARMONIZATION OF LAWS AND
ABMINISTRATIVE PRACTICES
‰ AMENDMENTS TO EXISTING LEGISLATION
‰ ON-LINE REGISTRY
 Y

CARICOM PASSPORT

d ANTIGUA AND BARBUDA, DOMINICA, GRENADA,

ST. KITTS AND NEVIS, ST. LUCIA, ST VINCENT AND
THE GRENADINES, SURINAME AND TRINIDAD AND
TOBAGO HAVE IMPLEMENTED THE CARICOM
PASSPORT

d 2007 ² BARBADOS, BELIZE, GUYANA AND JAMAICA

 YY

TRANSFER OF SOCIAL SECURITY BENEFITS

AGREEMENT FOR THE TRANSFER OF SOCIAL

SECURITY BENEFITS IS IN PLACE IN ALL
MEMBER STATES EXCEPT SURINAME
 YV

FREE MOVEMENT OF CAPITAL

 FREELY MOVE CAPITAL FROM ONE MEMBER

STATE TO ANOTHER

 EQUAL RIGHTS TO BUY STOCKS AND SHARES

 REGIONAL STOCK EXCHANGE

 Y6

CARIBBEAN BUSINESS COUNCIL

 SINGLE VOICE OF THE PRIVATE SECTOR

 ASSOCIATE INSTITUTION OF THE

COMMUNITY
 Y’

CARIBBEAN COURT OF JUSTICE (CCJ)

THE CARIBBEAN COURT OF JUSTICE WAS

INAUGURATED IN 2005 AND HAS 2 JURISDICTIONS

- ORIGINAL JURISDICTION
- APPELLATE JURISDICTION
 Y÷

THE CARICOM DEVELOPMENT

FUND

THE CARICOM DEVELOPMENT FUND FOR

DISADVANTAGED COUNTRIES REGIONS AND
SECTORS ESTABLISHED UNDER CHAPTER
SEVEN OF THE REVISED TREATY IS ALSO HIGH
ON THE AGENDA FOR IMPLEMENTATION.
 Y×

BENEFITS OF THE CSME

d ACCESS TO A LARGER MARKET
d INTRA-REGIONAL COOPERATION IN HUMAN AND SOCIAL
DEVELOPMENT
d HARMONISED STANDARDS OF PRODUCTION
d WIDER CHOICE FOR CONSUMERS
d GREATER SCOPE FOR JOB CREATION
d ENHANCED FRAMEWORK FOR ACHIEVING COMPETITIVENESS
d INCREASED ECONOMIES OF SCALE
d ENHANCED INVESTMENT OPPORTUNITIES
d COMMON VOICE IN INTERNATIONAL TRADE NEGOTIATIONS
 Y

THANK YOU!

Mr. D. Gooden
Teacher, Social Studies Dept.
Vere Technical High School
Hayes P.O.
Clarendon