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Wednesday, February 25, 2009

JO - A look at Caricom

From my archive of press clippings:

Jamaica Observer

A look at Caricom

Anisha Khemlani

Saturday, July 19, 2008

The Caribbean Community was established on August 1, 1973 by the Treaty of Chaguaramas. The main countries that initiated the treaty were Jamaica and Trinidad and Tobago as they were among the first five countries to sign in Chaguaramas, Trinidad. As of 2007, the member states include Antigua, Bahamas, Barbados, Belize, Dominica, Grenada, Jamaica, Montserrat, St Kitts and Nevis, Anguilla, St Lucia, St Vincent and Trinidad and Tobago. Some objectives of this organisation include "(consolidating) and (strengthening) the bonds which have historically existed among their peoples"; "sharing a common determination to fulfil the hopes and aspirations of their peoples for full employment and improved standards of work and living" and "establishing and utilising institutions designed to enhance the economic, social and cultural development of their peoples". However, Jamaica's economy has experienced negative effects such as increased unemployment, a marginal growth in the GDP, a reduction in revenues and a trade imbalance.

Read the whole article here.

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