The Caribbean Community (CARICOM) has taken steps to accelerate the use of the measures under the CARICOM Single Market and Economy (CSME). The Conference of Heads of Government in July 2017, approved the Implementation Plan for the CSME 2017-2019 which coincides with the CARICOM Strategic Plan (2015-2019).
The Plan is a comprehensive document which details the level of implementation of measures called for by the Revised Treaty of Chaguaramas or decisions taken by Community Organs.
The timeframes in the agreed Implementation Plan are in line with the time-frame envisioned for the Acceleration of the Implementation and Use of the CSME in the Community Strategic Plan 2015–2019, as follows –
(i) Immediate to Short-term (up to six months);
(ii) Medium-term (up to 1½ years); and
(iii) Long-term (up to 2½ years).
The Plan is under constant review by the Council for Trade and Economic Development (COTED) and Member States are required to submit regular updates on progress made as well as challenges faced in implementing their obligations under the Revised Treaty of Chaguaramas.
Please see CSME Implementation Plan 16 Oct 2018