CARICOM Summit Begins
Barbadian Prime Minister
Owen Arthur opened on
Sunday the 29th
Caribbean Community
Summit, with an
engagement book about
implementation of the
Caribbean Single Market
and Economy (CSME) in
2008.
With the objective of
consolidating regional
integration, the
organzation´s leadership
is already elaborating a
regional code for
investment, included in
the program of the
mechanism, he said.
"Shaping a single
economy has to be put in
the context of the world
economic relations,"
Arthur said.
He said CARICOM will
analyze during the three
coming days the progress
in the integration
process to implement
free circulation of
people in 2008, and
reaching a common
economic space in 2015.
The plan will become a
reality in two stages:
first (2008-2009) the
Single Market, and
second (2010-2015)
trying to harmonize the
tax and monetary
policies, and creating a
single currency, he
said.
The bloc members are
Antigua and Barbuda,
Bahamas, Barbados,
Belize, Montserrat, St.
Kitts and Nevis, Saint
Lucia, St. Vincent and
the Grenadines,
Suriname, and Trinidad
and Tobago. |
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