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CARICOM
Members, Aims, Achievements, Institutions
Edu Level: CSEC
Date: Aug 23 2025 - 2:44 PM
⏱️Read Time: 2 min
CARICOM – Caribbean Community / Caribbean Common Market (1973)
Member States (15)
- Jamaica
- Guyana
- Trinidad and Tobago
- Barbados
- Grenada
- Montserrat
- Antigua and Barbuda
- The Bahamas
- Belize
- Dominica
- St. Kitts and Nevis
- St. Lucia
- St. Vincent and the Grenadines
- Suriname
- Haiti
Aims of CARICOM
- Promote economic integration among member states through trade liberalization.
- Coordinate and establish common foreign policies, particularly on trade matters.
- Foster functional cooperation in areas such as:
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- Health and education
- Culture and broadcasting
- Transportation and meteorological services
- Technical assistance and disaster management
- Human and social development
Key Institutions Established under CARICOM
- Caribbean Disaster Emergency Management Agency (CDEMA)
- Caribbean Institute of Meteorology and Hydrology (CIMH)
- Caribbean Meteorological Organization (CMO)
- Caribbean Environmental Health Institute (CEHI)
- Caribbean Centre for Development Administration (CARICAD)
- Caribbean Food and Nutrition Institute (CFNI)
- Caribbean Agricultural Research and Development Institute (CARDI)
- Caribbean Single Market and Economy (CSME)
Achievements
- Improved economic strength through pooled resources and joint initiatives.
- Access to larger markets for goods and services.
- Strengthened regional identity and patriotism.
- Increased appreciation of Caribbean culture.
- More influential regional voice in global matters.
- Enhanced bargaining power in negotiations with international trading partners.
Shortcomings
- Ongoing competition among member states in sectors like air transport.
- Key integration goals, such as a common currency and Caribbean passport, remain unachieved.
Syed Ali