Caribbean Single Market and Economy
The Caribbean Single Market and Economy (CSME) is an initiative aimed at promoting economic integration among member states of the Caribbean Community (CARICOM). It allows for the free movement of goods, services, capital, and people across participating countries, enhancing trade and investment opportunities within the region.
By creating a unified market, the CSME seeks to improve economic resilience and competitiveness among Caribbean nations. This framework helps to streamline regulations and reduce trade barriers, ultimately fostering a more collaborative economic environment that benefits both businesses and consumers in the Caribbean region.