Caribbean Free Trade Association
The Caribbean Free Trade Association (CARIFTA) was established in 1965 to promote trade and economic integration among its member countries in the Caribbean region. Its primary goal is to reduce tariffs and other trade barriers, facilitating the free movement of goods and services. CARIFTA aims to enhance economic cooperation and development among its members, which include several Caribbean nations.
In 1973, CARIFTA evolved into the Caribbean Community (CARICOM), expanding its focus to include broader economic and social cooperation. CARICOM continues to work on trade agreements, regional policies, and initiatives that support sustainable development and improve the quality of life for Caribbean citizens.