Note4Students
From UPSC perspective, the following things are important :
Prelims level: CARICOM
Why in the News?
The second meeting of the India-CARICOM Joint Commission took place virtually on November 6. The first meeting was held in Georgetown, Guyana on June 2, 2015.
About Caribbean Community (CARICOM):
| Details | |
| Establishment | Established in 1973 under the Treaty of Chaguaramas. |
| Main Objectives | • Promote economic integration and cooperation among member states. • Ensure equitable sharing of integration benefits. • Coordinate foreign policy among member states. |
| Membership | 15 Full Members: Antigua and Barbuda, The Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname, Trinidad and Tobago. Associate Members: Anguilla, Bermuda, British Virgin Islands, Cayman Islands, Turks and Caicos Islands. Observers: Aruba, Colombia, Dominican Republic, Mexico, Puerto Rico, Venezuela. |
| Leadership | Chairmanship rotates every 6 months among the Heads of member states. |
| Administrative Structure | CARICOM Secretariat in Georgetown, Guyana, serves as the main administrative body, led by the Secretary-General. |
| Caribbean Court of Justice (CCJ) | Established in 2007, the CCJ acts as the final appellate court for CARICOM members and addresses regional trade disputes. |
| Key Initiatives | • Single Market and Economy (CSME) • Coordination in foreign policy • Development cooperation • Cultural exchange and integration |
| Significance | CARICOM serves as a vital platform for regional collaboration, enhancing economic growth, political stability, and cultural unity among Caribbean nations. |
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