CARICOM LEADERS MEET TO DISCUSS SINGLE MARKET LAUNCH

Dec 05, 2005

CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana) Caribbean Community (CARICOM) Heads of Government will hold a Special Meeting at the Sherbourne Centre, Barbados on Wednesday 7 December to discuss the finalisation of arrangements for the launching of the CARICOM Single Market (CSM) on 1 January 2006.

The target date had been set by the Conference of Heads of Government in 2002 at their Thirteenth Inter-Sessional meeting in Belize.

At that meeting, Member States made the commitment that by the end of 2005, they would have removed all restrictions to the movement of goods and services which would complete the Single Market for goods and services, as well as capital, along with measures to facilitate free movement of categories of skilled persons.

The Single Market is part of the CARICOM Single Market and Economy (CSME) which seeks to create a single economic space among the Community’s 15 Member States.

Also on the agenda for Wednesday’s Eleventh Special Meeting will be final discussions prior to the Summit meeting between CARICOM and Cuba which takes place the next day, Thursday 8 December, also in Barbados.

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