CARICOM Trade and Competitiveness Project - CTCP
CARICOM TRADE AND COMPETITIVENESS PROJECT
The Core purpose of the CTCP is to provide support and resources to 12 Member States as part of their ongoing efforts to further implement and operationalize the Single Market. The Project focuses on the following technical areas:
(1) the standardization and harmonization of administrative practices and procedures which will be implemented via administrative and legislative reform in all the participating Member States;
(2) Enhancing the effective functioning of the services and labour markets through standardised licensing and certification through the Implementation of National Work Plans for Member States to Award the Caribbean Vocational Qualification (CVQ);
(3) Widening the scope of participation by stakeholders and beneficiaries in the process of decision-making, implementation and operation of the Single Market. This will be done by Implementing new strategies for dissemination of specific information to all stakeholders about how to access and utilise the various opportunities which are available within the CSME;
(4) Gender and environment sensitive monitoring through the development of gender indicators and development of a Draft Regional Policy on the Environment.
Expected Impacts
1. Increased compliance by Member States with commitments as enshrined in the Revised Treaty of Chaguaramas or decisions taken by Community Organs;
2. Reformed Administrative rules, systems and procedures for the five Single Market regimes;
3. Individuals and entities which are entitled to benefits or rights under the Revised Treaty of Chaguaramas processed and otherwise facilitated;
4. Regional and Member States’ administrative and regulatory practices, and environmental and gender objectives integrated into the CSME operating arrangements where appropriate;
5. Full and free access to labour and services markets within the Region by wage and non-wage earners in professions requiring licencing and certification (Caribbean Vocational Qualification infrastructure) facilitated;
6. Increased understanding and greater participation in implementation and decision-making processes of the CSME by non-state actors in the Region.
Successful implementation of the CTCP will lead to a more efficient operation of the CSME. The CTCP provides targeted support to Member States to improve CSME Compliance (legislative, administrative and institutional). The Project and its deliverables also communicate to the CSME population that dedicated efforts are on-going in making the CSME more accessible and more user friendly.
The following will be in place at the end of the Project:
(i) Improved compliance with obligations set out in the Revised Treaty of Chaguaramas. The Project provides assistance to remedy incompliance occurrences in Member States at the legislative, administrative and institutional level;
(ii) The transformation of systems, procedures and practices by harmonising and standardising the administrative practices and procedures through the implementation of best practices in all the participating Member States.. These will be implemented through the implementation of 16 best practices in each member States;
(iii) Improved access to the rights under the Revised Treaty including contribution to solving the problem of business facilitation by addressing some of the efficiency and access related constrained faced by the private sector as they conduct their business cross border in the region;
(iv) Improved data capturing mechanism for the capturing of data on the Single Market Regimes through the establishment of a Document and Workflow Management System at the Regional level and assistance to Member States for data capturing;
(v) The strengthening of capabilities of CARICOM Nationals to enter the services and labour Markets through the establishment of CVQ infrastructure in the Member States;
(vi) Improved channels for the dissemination of information to different stakeholders;
(vii) A Regional Draft Policy on the environment; and
(viii) Gender indicators for monitoring.