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Showing posts with label CARICOM Single Market and Economy. Show all posts
Showing posts with label CARICOM Single Market and Economy. Show all posts

Friday, January 7, 2011

Caricom or Cari-gone?

By Sir Ronald Sanders


The New Year started with a great deal of frustration being publicly expressed over the Caribbean regional integration project which, this year, will have been in construction for forty-three years. Other integration efforts, such as the European Union (EU), which began after the Caribbean Community and Common market (CARICOM), have moved ahead much faster and much more effectively for the benefit of the people of their member countries.

Sir Ronald Sanders is a business executive and former Caribbean diplomat who publishes widely on small states in the global community. Reponses to: 
www.sirronaldsanders.comIt is understandable, therefore, that, in an editorial, one of the Caribbean oldest newspapers observed that a majority of people believe that “any official attempt to unite the region as envisaged in the CARICOM Single Market and Economy (CSME) is nothing but reverie and doomed to failure”. To be fair the editorial did not trumpet this observation with glee or satisfaction. It said that “as we enter the second decade of this century, we hold fast, nevertheless, to the idea of one region”.

So, on the one hand, this editorial, reflecting the views of many, still believes in the notion of a deeply integrated Caribbean – “one region”, but it expresses no faith that, after forty-three years, we will see a CSME anytime soon. The editorial identified four contemporary reasons for its lack of faith in any “official” attempt to unite the region.

These reasons were: an unfortunate statement last year by the Trinidad and Tobago Prime Minister that her government would no longer be “an ATM” machine for other countries of CARICOM; an injudicious remark by the same Prime Minister that, in the provision by her government of assistance to the islands of St Lucia and St Vincent and the Grenadines she would expect some benefit for the construction industry of Trinidad and Tobago; the more recent suggestion by Prime Minister Bruce Golding of Jamaica that his government favoured setting up its own national final Court of Appeal rather than acceding to the Caribbean Court of Justice (CCJ); and that CARICOM heads of government are yet to establish “any executive machinery to enforce” their own policy decisions.

All of these points are valid. There are many more besides. Among them are that instead of getting on with fashioning CARICOM into an effective vehicle to help with the improvement of their people’s lives and progressing development in their countries, some governments are busily trying to cultivate relations with other larger countries far beyond the region to try to get what they can while they can. The latter strategy is, of course, unsustainable. And, as has happened in the past, the governments now flirting, on their own, with bigger countries not on their doorstep will return to the regional fold which is not only their natural home, but also their best hope.

Fortunately, the statements by the Prime Minister of Trinidad and Tobago, while indicative of an attitude to CARICOM held by many in that country, were made in the early flush of government. In the past, other heads of government have made equally hurtful (and not fully informed) comments in other contexts. The truth is that Trinidad and Tobago is the principal beneficiary of trade in goods and services to CARICOM – benefits are not a one-way street. This is the message that the government in Port-of-Spain should be delivering to its people. Also, to those who say that Trinidad and Tobago does not need the CARICOM market, they should be challenged to identify the alternative markets, how quickly could they be developed if they could be developed at all, and at what cost.

With regard to the statement that Mr Golding has made about establishing Jamaica’s own national, final court of appeal instead of joining the CCJ for this purpose, it really is time that someone bells the cat on this as well. As I pointed out in my last commentary (“Time to make up your mind”), by April this year Jamaicans will head five extremely important CARICOM-wide institutions. These are positions for which the Jamaica government fought and other CARICOM countries agreed. What is the message that is being sent to the people of CARICOM by Jamaica? Is it that all is well when Jamaica holds the reins, but it isn’t well when other CARICOM nationals are involved? This cannot be so, and Mr Golding is far too intelligent a man and too well informed to hold such a position. The time has come for Jamaica’s leadership to cease pandering to the false notion of some special Jamaican capacity, and, instead, spread the true message that this region is one – and one to which Jamaica’s contribution has been highly regarded by its Caribbean brothers and sisters.

The quicker that the CARICOM Secretariat, as part of an overall reform of all its activities, is given the resources and empowered to mount a sustained, multi-media campaign throughout the region on how membership of the Caribbean Community has benefitted, and can continue to benefit, the people of each CARICOM country the better. And, every government should regard it as its responsibility and obligation to carry out its own domestic programme of education and information.

Of the four points made in the Editorial to which this commentary refers, the most crucial is its observation that “the decade closed without the establishment of any executive machinery to enforce the implementation of policy decisions by heads of government”. This is – and has been for decades – the fundamental problem with the lack of progress of CARICOM in establishing the CSME and even in carrying out a range of activities that are routine in organisations similar to CARICOM.

In his New Year’s address as Chairman of CARICOM until July 2011, the Prime Minister of Grenada, Tillman Thomas, said that “the cry for the ‘quickening of the pace’ was heard” and “active consideration of new governance structures” was given by CARICOM leaders. He offered that “one of the main ideas in taking the necessary steps will be tested in this coming year with the establishment of the Permanent Committee of CARICOM Ambassadors” which, he said, “heralds a new dawn for our Community”.

Mr Thomas is right to hold out hope, but it is difficult to see how another layer of national representatives will implement policy decisions of Heads, when ministers and the Secretariat were not able to do so.

The CARICOM vehicle needs an urgent overhaul, or it really will be a case of ‘CARICOM and gone’.

January 7, 2011

caribbeannewsnow

Thursday, November 18, 2010

Of Sir Edwin, CARICOM and regional integration

by Carlos James, Esq.


CARICOM Secretary General Sir Edwin Carrington has had his share of work cut out for him. However, after nearly 20 years as head of the Caribbean Community, there is little to be excited about in terms of progress made towards full integration.

This, however, does not minimise the significance of the ceremonial activities held in Antigua last week to mark his knighthood, one of the highest honours of an individual’s contribution to national life. Some may rightly argue that a Caribbean Community Award would have been even more symbolic and appropriate, considering his contribution to the region spanning nearly two decades.

Carlos James, Esq. is a barrister-at-law and former journalistIt was interesting to read Sir Edwin’s comments, admitting that the institution had failed to bring home its policies to the common Caribbean man, who simply does not see or understand the workings of CARICOM. If I may suggest, Sir Edwin’s comments on CARICOM’s failed public relations policy is more than just a lack of public awareness. What can CARICOM really put forward to the region and flaunt as effective integration policies?

Yes, the people of the region understand what CARICOM means to them, what it implies and what it requires of them, but what exactly is being done, where are the functional policies?

Frankly, there is not much to look forward to from CARICOM as a regional entity. It has lost its sparkle. No longer are we hearing the chorus of regional leaders, who once sang the same tune of regionalism, a single market and a single economic space.

Interestingly enough, Sir Edwin has admitted that the framework to make the CARICOM Single Market (CSM) and the CARICOM Single Market and Economy (CSME) fully operational is in place. In what can be considered a diplomatic cry for help, Sir Edwin confessed that more thrust is needed for both initiatives to take firm steps towards realisation.

In plainer language, for farmers in North Leeward and North Windward, and other rural communities across the region who want better regional access to markets for trade purposes, the vision of a Caribbean single market is failing because of the lack of interest from regional leaders.

CARICOM has become stagnant and cannot handle the surmountable challenges of our region’s changing political economy. It is swiftly withering into a failed institution lacking the energy, vision and the political will to carry forward its mandate which is central to regionalism - The Revised Treaty of Chaguaramas. In no uncertain terms can a framework for integration survive solely on the technical machinery of the CARICOM Secretariat without the political will of the region’s leaders. The structure for the integration process is merely skeletal, crippled, non-functional and hangs on life support.

No amount of media relations, as Sir Edwin envisaged, can connect the people of the region to something that lacks any form of functional capacity without coming across in an ostentatious way. The need for reforms at every faction of the CARICOM fibre is needed.

I must agree that formalising a single economic space is no easy task, the difficulties faced by the powerful European Union is evidence of this, but we must be reminded that the Caribbean Community is characterised by a people of common cultural and political identity. The socio-political dynamics of our region puts us in a more suitable position to establish and benefit from such a union.

Even the big capitalist countries are moving away from monopolistic ideals and trade protectionism. German Chancellor Angela Merkel, ahead of this week’s G20 meeting in Seoul, has warned that the greater danger facing the global economy is a return to trade protectionism. So why is CARICOM failing to further develop its single market and economic space? Where is the political will?

St Vincent’s Prime Minister Dr Ralph Gonsalves, and perhaps a few others, stand out as the lone batsmen at the crease, so vocal and tirelessly struggling to add to the score of the opening political giants of Eric Williams, Tom Adams, Errol Barrow, Michael Manley, et al.

It was Dr Gonsalves in 2003 who, while presenting a lecture in Trinidad to commemorate CARICOM’s 30th Anniversary, questioned:

-- What is the most advanced model of regional integration that the political market nationally can bear?

-- Do the leaders of the region -- political, economic, community and social -- and the people themselves possess the political will and readiness to go beyond the parameters of the individual nation-states and embrace a union deeper than that which currently exists?

-- What is to be done right now to construct, or prepare for the construction of a deeper union between CARICOM countries, or at least between those who are ready and determined, to go forward?

The Caribbean community has yet to answer. CARICOM is in retreat and this makes it hard for the region to get its voice heard. We need to reinvigorate the CSME process or CARICOM will suffer.

Instead of moving towards full integration as a region, we are seeing prime ministers becoming more nationalistic in their policies and utterances. These unreasoning allegiances are insensitive to the harmonisation efforts made by our leaders over the years.

I note the recent tongue-tied comments by Trinidad and Tobago’s Prime Minister Kamla Persad-Bissessar while the hurricane ravaged islands lay open and vulnerable after the onslaughts of hurricane Tomas.

PM Persad-Bissessar, has made similar gaffes in the past, including her now infamous ATM reference at the CARICOM Heads of Government meeting in July. Her utterances on regional matters have been extraordinarily undiplomatic for someone holding the office of prime minister and Commonwealth Chair-in-Office. It is hard to distinguish her constructive utterances from insentient reasoning.

Common foreign policy?

Sir Edwin rightly pointed out that the region needs to develop a strategic foreign policy in order to represent itself on the international stage. I am in agreement with the position that co-ordination of such a framework is paramount, but it must be noted that, while some countries take an aggressive approach towards foreign relations, others are quite stagnant and remain passive in befriending new diplomatic allies. We must not be seen as chiding regional countries who take on new focus in forging diplomatic relations with emerging economies.

In fact, we are in trouble if we continue to sit on the laps of traditional allies, who themselves are going further East, seeking new trading partners and political friends. It is important to our sovereignty to move away from this docile form of diplomacy, no country owns us. We need to shift from this conservative foreign policy focus on bilateral relationships and focus on multilateral action.

Not surprisingly, we see foreign policies grounded on national interest, ignoring the obvious regional implications of which Sir Edwin is so concerned about. Relations with China and Taiwan among our regional states is a never ending game of diplomatic hopscotch, while some continue to act as political stooges to the US and other G8 countries.

A point of interest is the headlines this week where the US and Britain are courting both India and China. The West has turned to the East. So what is so wrong with diplomatic relations with Brazil, Russia, India and China (BRIC), Cuba, Venezuela and oil-rich Iran?

Caribbean countries need to let go of this erroneous belief of indirect dependency on the so-called powerful traditional allies and provide a common foreign policy agenda that can attract the courting eyes of industrialised and emerging economies.

We have made many strides as a region, let’s not turn the wheel back. Let us continue the process of region-wide engagement on the issue integration. There are obvious lessons that the OECS can offer the larger bloc.

November 18, 2010

caribbeannewsnow

Sunday, July 11, 2010

Caricom's 'Governance' Dilemma

By Rickey Singh




THE 31st annual Heads of Government Conference of the Caribbean Community (Caricom) concluded in Montego Bay, Jamaica, on Wednesday, July 7 with little hope of any progress being made by the 37-year-old regional economic integration movement in the immediate future.

Hopes raised midway the four-day event for a new approach to ensure realistic and appropriate management of today's challenges, caused by the global economic and political crises, were dashed when the leaders backed off at the close of the conference.

Not surprisingly, they have scheduled another "special meeting", for September this year, to consider likely alternative governance models for better management.

In its normally lively 'discussion forum', the BBC Caribbean Service has been encouraging responses to the provocative question: "Does Caricom have a future?"

This discussion took place while the Community's Heads of Government were still wrestling with the cynicism and disenchantment their inactions have spawned over repeated failures to implement decisions, unanimously taken, for progress towards the Caricom Single Market and Economy (CSME).

While the official communiqué was not available to the region's media at the time of writing (Thursday, July 8), the comments that flowed at an end-of-summit press conference on Wednesday made it sufficiently clear that the elusive governance issue had once again proved a barrier the leaders were still unprepared to scale.

Diminishing credibility

It is a failure that could only deepen concerns over Caricom leaders' credibility and commitment to make the Community's flagship project -- a single economic space in a region that constitutes a microcosm of the world's peoples, cultures and varying levels of social and economic development -- a reality either in this decade or the next.

Often viewed by Latin American, African and Asian blocs as a cohesive and productive experiment in regional economic integration, Caricom has done reasonably well in terms of functional cooperation and foreign policy coordination.

However, when it comes down to implementation of decisions on major issues involving critical segments of its treaty-based arrangements for inauguration of a single market and economy, therein lies the rub.

Their failures, which are rooted in a lack of collective political will to overcome parochialism and a narrow sense of nationalism in favour of a shared vision of "one people, one market, one Caribbean", continue to afflict Caricom. Consequently, a sense of alienation and defeatism, if not the "despair" alluded to in the BBC Caribbean discussion forum on "Caricom's future", has spread.

The announcement by Prime Minister Bruce Golding, in his capacity as Caricom's new chairman, that a committee of prime ministers has been identified to make proposals for the forthcoming "special meeting" of heads in September to address alternative forms of governance cannot be considered as anything of significance.

The Community has gone that way before with "Prime Ministerial Working Groups" and high-level committees of regional technocrats. The upcoming September meeting seems destined to do what Trinidadians call "spinning top in mud".

Amid the expanding "word game" on Caricom's future governance, more and more Heads of Government are pushing for more action and less talk. They are simply reprimanding themselves, but given the current circumstance, it is an appropriate rebuke.

Ironically, in rushing to announce a prime ministerial committee to consider a new 'governance' architecture, leaders present in Montego Bay seem to have forgotten to include the prime minister of Belize, Dean Barrow, who holds lead responsibility on governance and justice in Caricom's quasi-cabinet system. Or did he decline to serve?

July 11, 2010


jamaicaobserver

Thursday, June 3, 2010

Caribbean Consumer law: Developing a legal and regulatory framework

By Abiola Inniss LLB, LLM, ACIArb:


It is that noteworthy that among its undertakings for its mandate on the Caricom Single Market and Economy (CSME), the Caricom Secretariat undertook the hosting of a seminar on Competition Policy and Law in Georgetown, Guyana on May 3, 2010. The programme outlined topics such as “Caricom Competition Policy in a challenging economic environment”, and “Competition Policy in Caricom”, though if the truth be told, it carried the semblance of a man’s bikini; significant for what it suggested, concealing of that which was crucial.

Abiola Inniss LLB, LLM (Business Law), mediator, and arbitrator, is a legal consultant in business law, and law teacher, who resides in Georgetown, Guyana, with an established practice in Alternative Dispute ResolutionConsumer law and competition policy and law are almost inextricably intertwined at times and so are affected one by the other, it therefore means that any cumulative legal framework must be reflective of this relationship. It seemed that while the importance of this relationship was recognized, the creation of a regulatory framework complete with law harmonization and dispute resolution mechanisms (alternative and normative legal systems, such as arbitral tribunals and courts of law) still remains a distant idea which would be “looked into”;instead there was the espousal of a consistent piecemeal approach which considered the individual state mechanisms and the equipping of those systems in the hope that an eventual equality would result across the region.

It is an unhappy occurrence that the intellectual prescience in the Caribbean community has not come to bear on the necessity to establish a common regulatory framework which will dispense the resolution of disputes in an efficient, cost effective manner. Any mention of the establishment of a regional arbitral tribunal is customarily met with the “that costs money” and “we can’t afford it” responses in an answering machine mode. It is even more disturbing that the legal intellectuals have not seemed to examine the subject from the point of establishing a multi-purpose tribunal which will be constituted of the talents of a variety of specialists in the areas of law which are of especial importance at this stage of the development of the Single Market and Economy.

The laws of International Trade, Intellectual Property, Private International Law, Competition Law and Consumer Law fit this prescribed construction perfectly. The fact remains that whatever excuses Caricom officials may give there is a dire need for a legal and regulatory framework which will allow the resolution of disputes in whatever form it may assume, be it in courts of law or by the preferred time and cost effective method of arbitration.

The Caribbean may look to the European Union for guidance on the resolution of disputes which arise from and various jurisdictions and provide the added challenge of the mixing of civil and common law systems. The Caribbean community as it is now constituted comprises countries which have Civil law systems, as in the case of Haiti and Suriname and in the case of Guyana, the land law system, which is Roman Dutch in constitution, is common in large part to that which obtains in South Africa.

The other Caricom countries have fewer anomalies in their legal systems, since for most part the common law systems inherited from the British became the dominant legal systems. The legal system of St Lucia is a hybrid of French Civil law and English Common law which is unique and outstanding and carries its own challenges (see Belle-Antoine, Commonwealth Caribbean Law and legal systems, Cavendish 2009).

The example of the European Union shows the Court of First Instance attached to the European Court of Justice and a tribunal for the Civil service of the entire European Union. The idea for the Caribbean is that there should be a tribunal which will deal with consumer affairs in the Caribbean and which may also incorporate issues arising from the Law of competition, the Law of Trade and general Business Law.

Multidisciplinary tribunals have worked in other areas of the world and therefore if adapted to requirements of the Caribbean should prove to be quite successful. The Competition Appeal Tribunal (CAT) of the United Kingdom is a specialist judicial body with cross disciplinary expertise in economics, law, business, and accountancy. It is empowered under United Kingdom law to hear and decide appeals, claims and other applications involving competition or economic regulatory issues. This tribunal came into being on April 1 2003.

It is safe to say that should the Caribbean planners spend a little more time constructively engaging the more advanced, modern thinking in these areas, and less time on talk shops which have to little to offer apart from the usual excuses of too little resources and a penchant for perpetually “looking into” matters, there will be substantial development in key areas of law and development. There is little point in the establishment of a Single market and economy which has little to offer in its legal and regulatory framework of the key issues of International trade law and development law and regulation, consumer and competition law and policy.

Multinational corporations and investors need to be assured that their disputes will be handled by competent, expert, fair Jurists in an efficient and effective manner. The Caribbean stands to gain much in terms of the development of a common jurisprudence, the development of expertise and substantial revenue generated by such a forum. The Law courts of England are a renowned choice of jurisdiction for international claims and can stand testimony to the verity of all the above mentioned benefits. Where there is a lack of expertise in the region, it may be sourced elsewhere through various projects. There is less and less excuse for the lagging efforts in the regulation of our legal systems. It is time to strip away the bikini and face the facts.

June 3, 2010

caribbeannetnews

Wednesday, October 14, 2009

Free movement issue tops CSME meeting

GEORGETOWN—The free movement of labour and goods, reduction of the food import bill, and strategies to ensure the general public’s effective participation in the Caricom Single Market and Economy (CSME) were among the key issues raised at an open forum of the Convocation on the CSME held in Bridgetown, Barbados. The forum on Saturday afternoon brought the curtain down on the two-day convocation at the Lloyd Erskine Sandiford Conference Centre, which was held to receive a report of an audit of the status of implementation of the CSME.

The audit was mandated by the Caricom heads of government, four of whom were at the convocation—David Thompson, Prime Minister of Barbados and Lead Head of Government with responsibility for the CSME; Baldwin Spencer, Prime Minister of Antigua and Barbuda; and Ralph Gonsalves, Prime Minister of St Vincent and the Grenadines, and Patrick Manning, Prime Minister of T&T. The forum, which lasted for more than two hours, benefitted from robust interaction among the heads of government, ministers, regional institutions and organisations, representatives of civil society, the labour union, the private sector and the media. In particular, the free movement of labour and the attendant consequences for member states emerged arguably as one of the more pressing issues at the convocation.

CSME, a thorny issue:

Characterised from the floor alternatively as the “feel of the CSME” and a “thorny issue,” the free movement of labour element of the Community’s flagship programme elicited several recommendations. They ranged from the establishment of a labour market information system and a social welfare stabilisation programme to the full exploration of lifestyle and demographic changes that would be wrought by the free movement of people. The labour movement, which was well represented at the convocation, reiterated its support and commitment to the CSME and recommended the establishment of a regional labour market information system so that the Community could be adequately informed about employment opportunities and other pertinent data from which residents could make informed decisions. The time ripe for such a regional facility, the trade unions argued.

Dialogue and discussion between governments and labour were also critical to progress within the CSME, the trade unions stressed, and suggested that regional tripartite consultation committee forum be set up aimed at promoting and monitoring regulatory labour market developments at the regional level, suggesting areas for improvement and advising on strengthening social capital. The business community expressed concern about the likely change in the demographics of member states, particularly those in the Eastern Caribbean that may occur from the free movement of people in the region. The region must be able to address those facts head-on and until such time as the benefits associated with the CSME are firmly ventilated and understood, there will always be objections, Robert LeHunte, the Caribbean Association of Indigenous Bankers representative, said.

“Life as they know it with those changes will not be the same and people must be aware of that,” he said.

He was also of the view it was important for the community to understand the benefits of political union. “We are missing some of those issues…; the politics of fear can take us that far, but the politics of inclusion is also important,” he said, while underscoring the goals and ideals of the CSME would not be achieved unless there was a mechanism for corporate governance that was not possible without political union.

14 Oct 2009

guardian.co.tt

Tuesday, October 13, 2009

Free movement hot topic at CARICOM Single Market and Economy (CSME) convocation


GEORGETOWN, Guyana -- The free movement of labour and goods, reduction of the food import bill, and strategies to ensure the general public’s effective participation in the CSME were among the key issues raised at an Open Forum of the Convocation on the CARICOM Single Market and Economy (CSME) held in Bridgetown, Barbados.

The Open Forum on Saturday afternoon brought the curtain down on the two-day Convocation at the Lloyd Erskine Sandiford Conference Centre, which was held to receive a Report of an Audit of the status of implementation of the CSME.

The Audit was mandated by the CARICOM Heads of Government, four of whom were at the Convocation – David Thompson, Prime Minister of Barbados and Lead Head of Government with responsibility for the CSME; Baldwin Spencer, Prime Minister of Antigua and Barbuda; and Ralph Gonsalves, Prime Minister of St Vincent and the Grenadines and Patrick Manning, Prime Minister of Trinidad and Tobago.

The Open Forum, which lasted for more than two hours, benefitted from robust interaction among the Heads of Government, Ministers, regional institutions and organisations, representatives of civil society, the labour union, the private sector and the media.

In particular, the free movement of labour and the attendant consequences for Member States emerged arguably as one of the more pressing issues at the Convocation.

Characterised from the floor alternatively as the “feel of the CSME” and a “thorny issue”, the free movement of labour element of the Community’s flagship programme elicited recommendations ranging from the establishment of a labour market information system and a social welfare stabilisation programme to the full exploration of lifestyle and demographic changes that would be wrought by the free movement of people.

The labour movement, which was well represented at the Convocation, reiterated its support and commitment to the CSME and recommended the establishment of a regional labour market information system so that the Community could be adequately informed about employment opportunities and other pertinent data from which residents could make informed decisions. The time ripe for such a regional facility, the trade unions argued.

Dialogue and discussion between governments and labour were also critical to progress within the CSME, the trade unions stressed, and suggested that regional tripartite consultation committee forum be set up aimed at promoting and monitoring regulatory labour market developments at the regional level, suggesting areas for improvement and advising on strengthening social capital.

The business community expressed concern about the likely change in the demographics of Member States, particularly those in the Eastern Caribbean that may occur from the free movement of people in the Region.

The Region must be able to address those facts head-on and until such time as the benefits associated with the CSME are firmly ventilated and understood, there will always be objections, Mr. Robert LeHunte, the Caribbean Association of Indigenous Bankers representative said.

“Life as they know it with those changes will not be the same and people must be aware of that,” he said.

He was also of the view that it was important for the Community to understand the benefits of political union.

“We are missing some of those issues…; the politics of fear can take us that far, but the politics of inclusion is also important,” he said, while underscoring that the goals and ideals of the CSME would not be achieved unless there was a mechanism for corporate governance that was not possible without political union.

The Audit identified five basic challenges which would affect the pace at which economic integration could be achieved:

  • surviving the current global economic downturn and emerging from it as a transformed and more resilient Community which is still committed to its original purpose;


  • strengthening the market integration process and stimulating increased cross-border activity, especially in favour of the Member States with negative trade balances;


  • increased investment to build up the general infrastructure and for increased production and job creation;


  • mobilizing adequate resources for implementing effective Community sectoral and other progammes to sustain the supply of skills and for export expansion;


  • reaching agreement on mobilizing adequate resources and execution of a scheduled plan of actions for implementation of the macroeconomic and other measures to establish the single economic space


The matters raised at the Convocation will be considered by officials in November. A final report of the CSME appraisal is expected to be ready for submission to the Twenty-First Inter-Sessional Meeting of the Conference of Heads of Government in 2010.



October 13, 2009



caribbeannetnews

Monday, October 12, 2009

CARICOM Single Market and Economy (CSME) is working says Barbados' Prime Minister, David Thompson

By Gillian Applewhaite:

BRIDGETOWN, Barbados (BGIS) -- The CARICOM Single Market and Economy (CSME) is not working perfectly and is also not above suspicion, but it is working.

Prime Minister David Thompson (right), Prime Minister of Antigua and Barbuda, Baldwin Spencer (left) and the Opposition Leader of St Lucia, Kenny AnthonyThis view was expressed Friday by Barbados' Prime Minister, David Thompson, as he delivered the feature address at the opening ceremony of the Convocation on the CSME in Barbados.

Referring to a report of an appraisal conducted on the progress achieved by the 12 CSME Member States, Thompson said it indicated that the regimes for trade, capital and movement of persons were functioning under the Treaty.

He stressed that countries within CARICOM had differing capacities, unique governance structures and there was no "one size fits all formula".

"To be brutally frank, varying levels of commitment and emphasis on specific initiatives bedevil implementation in a consistent and timely manner. Ultimately, we are dealing with individuals, individual states and also cultural and social nuances," the Prime Minister stated.

He revealed that one of the findings of the Secretariat concerned the difference between the expressed commitment and full access to the rights expressed in the Revised Treaty.

Thompson said that this, along with other findings, suggested a capacity and communication deficit which regional governments needed to address, as a matter of priority, to ensure that obligations under the CSME were met.

"I raise these matters here because I believe this capacity constraint, and not disinterest in the CSME, is responsible for any examples of irregular application of the provisions across the Community.

"This is not to suggest that we are not to be held accountable for the failings, real or perceived, but rather to point us all to this key area for immediate attention," he noted.

The Prime Minister pointed out that the CSME was the region's main tool of regional development and had to be refined to ensure it delivered on CARICOM's goals.

He lamented the fact that the capacity constraints had been compounded by the sudden financial crisis, which engulfed the major economies of the world some 18 months ago.

"It is expected that each state will be preoccupied with national crisis management. That is why an even greater effort will be required to keep our CSME project on course.

"The integration of our 12 states has presented tensions and we must not ignore them. Not only do we have domestic priorities, which arise from the confluence of national and global developments, but the harmonisation of policies. Also, across key sectors of our economies, the Single Market has challenged the national economic systems," Thompson said.

With respect to the movement of people, the Prime Minister observed that it had "elicited vigorous responses from the length and breadth of our Community". He added: "And, it should excite debate as an effective Single Economy can only exist with the movement of its people. We must, however, be careful not to allow the excitement associated with a declaration of free movement of people - a principle to which we all ultimately agree - to eclipse the matter of balanced regional development."

October 12, 2009

caribbeannetnews