Caribbean Community and Common Market - CARICOM. Across Global Business.

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With Countries in Caribbean Community and Common Market - CARICOM

The Caribbean Community and Common Market or CARICOM was established by the Treaty of Chaguaramas which came into effect on August 1, 1973. The first four signatories were Barbados, Jamaica, Guyana and Trinidad and Tobago.

CARICOM replaced the 1965–1972 Caribbean Free Trade Association (CARIFTA), which had been organized to provide a continued economic linkage between the English-speaking countries of the Caribbean following the dissolution of the West Indies Federation which lasted from January 3, 1958 to May 31, 1962.

A Revised Treaty of Chaguaramas establishing the Caribbean Community including the CARICOM Single Market and Economy (CSME) was signed by the Heads of Government of the Caribbean Community on July 5 2001 at their Twenty-Second Meeting of the Conference in Nassau, The Bahamas.

Currently CARICOM has 15 full members:

Antigua and Barbuda (4 July 1974)
Bahamas (4 July 1983)
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 St. Kitts-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)

There are five associate members:

British Virgin Islands (July 1991)
Turks and Caicos Islands (July 1991)
Anguilla (July 1999)
Cayman Islands (16 May 2002)
Bermuda (2 July 2003)

There are seven observers:

By the Courtesy of Wikipedia