Csme
Jamaica is fully prepared for the CARICOM Single Market and Economy (CSME) having instituted all the legal and administrative requirements to facilitate the implementation of the Single Market aspect of the process.
With the onset of globalisation in the 1980s the region found itself having to compete with larger and more developed markets and recognized that a unified Caribbean community would have to be the way forward if the region were to survive.
The CSME was established by the Conference of Heads of Government in Grenada in 1989, with amendments to the Treaty of Chaguaramas and the negotiation of nine Protocols. The provisions of the nine Protocols, which have now been incorporated into the Revised Treaty of Chaguaramas, cover: institutions and structures; establishment, services and capital; industrial policy; trade policy; agricultural policy; transport policy; disadvantaged countries, regions and sectors; competition policy and consumer protection; and dumping and......
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