Caricom leaders to launch CSME in January
Dec 20, 05: GEORGETOWN, Guyana (AP) -- Prime ministers from the Caribbean Community economic bloc will inaugurate the region's single trading market at a ceremony in Jamaica.
Leonard Robertson, a spokesman for the 15-member Caribbean Community and Common Market, said Sunday that leaders will meet in Kingston, Jamaica on Jan. 23 for the symbolic launch of the market.
But the free trade area was expected to be running by Jan. 1.
"All I can say that the leaders are to meet in Jamaica where some documents are to be signed but the details have not been quite worked out as yet," he said.
Commenting on the market, styled after the European Union, Caricom Secretary General Edwin Carrington said the region should not under estimate its importance.
"This is a major psychological and political step for the region," Carrington said. "We are on the road to a single market, but getting to a single economy would be a bit more difficult."
Caribbean leaders said the single economy was designed to facilitate the movement of goods, services and certain categories of workers between members of the regional trade bloc.
Copyright © 2005 Trans-Caribbean Marketing Company, MyCaribbeanNews.com and The New Executive TIMES (Caribbean) Magazine
Dec 20, 05: GEORGETOWN, Guyana (AP) -- Prime ministers from the Caribbean Community economic bloc will inaugurate the region's single trading market at a ceremony in Jamaica.
Leonard Robertson, a spokesman for the 15-member Caribbean Community and Common Market, said Sunday that leaders will meet in Kingston, Jamaica on Jan. 23 for the symbolic launch of the market.
But the free trade area was expected to be running by Jan. 1.
"All I can say that the leaders are to meet in Jamaica where some documents are to be signed but the details have not been quite worked out as yet," he said.
Commenting on the market, styled after the European Union, Caricom Secretary General Edwin Carrington said the region should not under estimate its importance.
"This is a major psychological and political step for the region," Carrington said. "We are on the road to a single market, but getting to a single economy would be a bit more difficult."
Caribbean leaders said the single economy was designed to facilitate the movement of goods, services and certain categories of workers between members of the regional trade bloc.
Copyright © 2005 Trans-Caribbean Marketing Company, MyCaribbeanNews.com and The New Executive TIMES (Caribbean) Magazine
