CSME- Right of Establishment
A person or company from any one of those Member States would now be able to:
Produce and trade in goods
Provide services
Move capital
Establish business enterprises and
Move freely without a work permit to another Member State.
In addition, Member States would have implemented policies and laws that would:
Regulate competition;
Set standards and technical regulations;
Allow transfers across each others’ borders of Social Security and other associated benefits;
Avoid double taxation of CARICOM nationals; and
Enable qualifications earned in one Member State to be accepted in another Member State through national accreditation councils.
All these provisions are specifically mandated under the Revised Treaty in order to facilitate the full implementation of the CSME.
This publication is about the CSME generally, and the Right of Establishment, in particular.