[NYTr] CARICOM Summit Begins in Barbados
 
Date: Sun, 1 Jul 2007 19:30:06 -0500 (CDT)


Via NY Transfer News Collective  *  All the News that Doesn't Fit
 
Prensa Latina, Havana
http://www.plenglish.com

CARICOM Summit Begins

Bridgetown, Jul 1 (Prensa Latina) Barbadian Prime Minister Owen Arthur
opened on Sunday the 29th Caribbean Community Summit, with an
engagement book about implementation of the Caribbean Single Market and
Economy (CSME) in 2008.

With the objective of consolidating regional integration, the
organzationB4s leadership is already elaborating a regional code for
investment, included in the program of the mechanism, he said.

"Shaping a single economy has to be put in the context of the world
economic relations," Arthur said.

He said CARICOM will analyze during the three coming days the progress
in the integration process to implement free circulation of people in
2008, and reaching a common economic space in 2015.

The plan will become a reality in two stages: first (2008-2009) the
Single Market, and second (2010-2015) trying to harmonize the tax and
monetary policies, and creating a single currency, he said.

The bloc members are Antigua and Barbuda, Bahamas, Barbados, Belize,
Montserrat, St. Kitts and Nevis, Saint Lucia, St. Vincent and the
Grenadines, Suriname, and Trinidad and Tobago.

ef iom ydg

PL-18
       
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