CARICOM – Caribbean Single Market and Economy (CSME)

The CSME seeks to implement provisions for the removal of trade and professional restrictions. These provisions facilitate the right to establishment businesses, to provide regional services, the free movement of capital and the coordination of economic policies. In the ensuing years, some Caribbean economies, under the auspices of multilateral lending institutions, implemented structural adjustment programmes having at their core, programmes of economic, financial and trade liberalisation that far exceeded their commitments as expressed in the Treaty of Chaguaramas.