Sunday, February 22, 2009

CARICOM

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The Caribbean Community (CARICOM), is an organization of 15 Caribbean nations and dependencies. CARICOM's main purposes are to promote economic integration and cooperation among its members, to ensure that the benefits of integration are equitably shared, and to coordinate foreign policy. Its major activities involve coordinating economic policies and development planning; devising and instituting special projects for the less-developed countries within its jurisdiction; operating as a regional single market for many of its members, handling regional trade disputes. The Secretariat headquarters is based-in Georgetown. CARICOM Currently has 15 full members: Antigua and Barbuda (4 July 1974) Bahamas (4 July 1983) (not part of customs union) Barbados (1 August 1973) Belize (1 May 1974) Dominica (1 May 1974) Grenada (1 May 1974) Guyana (1 August 1973) Haiti (provisional membership on 4 July 1998, full membership on 2 July 2002) Jamaica (1 August 1973) Montserrat (a territory of the United Kingdom) (1 May 1974) Saint Kitts and Nevis (26 July 1974 as Saint Christopher-Nevis-Anguilla) Saint Lucia (1 May 1974) Saint Vincent and the Grenadines (1 May 1974) Suriname (4 July 1995) Trinidad and Tobago (1 August 1973)
CARICOM has helped many of these countries with financial situation and other sectors that are fragile the recession has effected all countries world wide and the CARICOM community is trying there best in these time to help there countries carry on through these difficult times.

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