CSME IS REGION’S TOP PRIORITY

Jun 16, 2000

Delegates attending the Ninth Meeting of the Council for Trade and Economic Development (COTED), have been encouraged to use the opportunity to assess the progress towards establishment of the CARICOM Single Market and Economy (CSME), the flagship programme of the regional integration movement, at this critical juncture of the Community's future development.

In addressing the opening session this morning, Barbados' Deputy Prime Minister and Minister of Foreign Affairs and Foreign Trade, Ms. Billie Miller, stated that establishing the CSME should continue to be the number one priority of the Community, if CARICOM is to provide the required responses to global economic and trade challenges facing the Region.

"We are confronted with the serious challenges of discharging our obligations under the WTO (World Trade Organisation)," Ms Miller noted. "We are also confronted with the challenge of participation in the Free Trade Area of the Americas (FTAA). And, we ought not to forget the challenge that awaits us with Europe. The critical point to note here is that in all of these expected new relationships, reciprocity will be the underlying factor."

The Barbados Deputy Prime Minister therefore urged the COTED delegates to "take stock" of the regional integration movement, while committing themselves to the timely achievement of the CSME.

In his remarks, CARICOM Secretary-General Mr. Edwin Carrington emphasised the importance of the Meeting as it addresses issues affecting the lives of Caribbean people.

The two-day Meeting is focusing on matters of Agriculture, Trade in Services, External Negotiations, Human Resource Development, among other things.  Mr. Carrington also welcomed the new Chairman of COTED, the Hon. Ralph Fonseca, the Minister for Investment and Trade in Belize.  Mr. Fonseca underscored the importance of the Meeting, and called on delegates to settle any contentious issues facing the Community in a spirit of unity.

"No less is expected in a competitive world," declared Mr. Fonseca.

You may also be interested in:

caricom-1
La CSME, la seguridad alimentaria y la financiación climática encabezan la agenda de la Cumbre de CARICOM en las Bahamas.
The CARICOM Single Market and Economy (CSME); food security; climate change and climate finance; health; and security will be among the major topics when Heads of Government of
caricom_admin
A Building Energy Efficiency Project was introduced at the CARICOM Secretariat in December 2014
La Secretaría de CARICOM y la Agencia Caribeña para Soluciones de Justicia (CAJS) forjan una alianza para acelerar la transformación digital.
La Secretaría de CARICOM (CCS) y la Agencia Caribeña para Soluciones de Justicia (CAJS) han establecido una importante alianza con el objetivo de impulsar la transformación digital y mejorar la pre
caricom_admin

Related Stories

caricom-1
La CSME, la seguridad alimentaria y la financiación climática encabezan la agenda de la Cumbre de CARICOM en las Bahamas.
The CARICOM Single Market and Economy (CSME); food security; climate change and climate finance; health; and security will be among the major topics when Heads of Government of
caricom_admin
caricom-1
La CSME, la seguridad alimentaria y la financiación climática encabezan la agenda de la Cumbre de CARICOM en las Bahamas.
The CARICOM Single Market and Economy (CSME); food security; climate change and climate finance; health; and security will be among the major topics when Heads of Government of
caricom_admin