September 15, 2009

SLOW PROGRESS OF CARICOM SINGLE MARKET BOTHERS PATTERSON

By HG HELPS, Editor-at-Large helpsh@jamaicaobserver.com

Monday, September 07, 2009


Retired Jamaican Prime Minister PJ Patterson is unhappy that the Caribbean Single Market (CSM) is not yet a reality.

Patterson. it would appear that we have just abandoned things

More than three years after Caribbean heads of government held a ceremonial inauguration of the CSM and formal signing of the document for its implementation at the Mona Visitors' Lodge in Kingston, on January 30, 2006, the CSM remains virtually non-existent.

The inauguration and signing would have made the Caribbean Community and Common Market - (Caricom) only the second group to form a single market, the other being the European Union.

It is geared toward bringing the Caribbean region closer together and removing regional hurdles to trade and employment.

The process would have been completed with the implementation of the extended Caribbean Single Market and Economy (CSME), which the heads at the time agreed to have implemented by the end of last year.

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