CARICOM Trade and Competitiveness Project in the CARICOM Region (CTCP) PDF Print Email
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CARICOM Trade and Competitiveness Project in the CARICOM Region (CTCP)
Project Components
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The Caribbean Community (CARICOM) is pursuing an active programme of deepening integration in the Caribbean Region, particularly through the implementation of the CARICOM Single Market and Economy (CSME) which officially entered into force on 1 January 2006. The Revised Treaty of Chaguaramas establishing the Caribbean Community including the CARICOM Single Market and Economy created binding commitments with respect to the free movement of goods and services, free movement of persons, free movement of capital and the right of establishment. 

To ensure the practical effectiveness of the CSME, specific development interventions are required. In this context, a Contribution Agreement was finalised in October 2007, between representatives of the Government of Canada and the Caribbean Community for the CARICOM Trade and Competitiveness Project (CTCP). Effective implementation of the Project started in May 2008 when the First Meeting of the Project Steering Committee (PSC) approved the Work Plan for 2008.

Goal

The goal of the CTCP is to provide more and better opportunities for the people of the CARICOM region to participate in and benefit from the introduction of the CSME. Under the CTCP, the CARICOM Secretariat, in collaboration with the Organisation of Eastern Caribbean States (OECS) Secretariat and participating countries will fulfill parts of the mandate given by the Community to work with Member States to implement their CSME obligations. The purpose of the interventions is to facilitate the operational effectiveness of the CSME to ensure that rights and benefits expected by nationals of the Community are not frustrated by elements of the implementation process.

Objectives and Outcomes

The objectives and outcomes of the project are:

(1) Reformed administrative rules, systems and procedures.

(2) Individuals and entities entitled to benefits or rights under the Revised Treaty of Chaguaramas processed and otherwise facilitated.

(3) Regional and Member State administrative and regulatory practices that recognise and integrate environmental and gender related objectives as appropriate.

(4) Full and free access to labour and services markets within the region by wage and non-wage earners in professions requiring licensing & certification. Mutual recognition by regional governments of licenses and certificates.

(5) Increased understanding and greater participation in implementation of the CSME by non-state actors in the region.



Last Updated on Monday, 08 February 2010 11:15
 
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