Tobago just to name a few are all part of the Caribbean Community known as Caricom. The birth of the Caribbean Community and Common Market was signed on July 4, 1973 at the Chaguaramas in Trinidad and Tobago. And the operations of Caricom began on August 1 of that year. It was the failure of two regional integration attempts, the West Indies Federation and the Caribbean Free Trade Association that led to the birth of the Caricom community. Its major goal was to improve the standard of living of people
Caribbean nations to come together as one, leading to national unity in the region. Some attempts at unity include: Federation, CARICOM (Caribbean Community), CARIFTA (Caribbean Free Trade Association), CDB (Caribbean Development Bank), UWI (University of the West Indies), CXC (Caribbean Examinations Council), and recently CSME (Caribbean Single Market and Economy), which is still in the process of being carried out. The Caribbean’s aim is to come together socially, economically, and politically
simple and irrefutable. First we are small and we need to achieve economies of scale. We need to achieve such economies in markets, production, the mobilisation of regional capital for regional use, university education, science and technology, sea and air transport to mention some areas. We therefore need to pool as far as is feasible our markets and our financial human and natural resources. We need a single unified and truly common market for goods and services, capital, and trained manpower. In addition
...). The essence of this strategy was based on ‘industrialization by invitation’ whereby it aimed to combined the labour surplus in the region with large foreign capital investments to create industries that will serve both regional and foreign markets. Despite the small size
Colombia Colombia, republic in South America, situated in the northwestern part of the continent, and bounded on the north by Panama and the Caribbean Sea, on the east by Venezuela and Brazil, on the south by Peru and Ecuador, and on the west by the Pacific Ocean. Colombia is the only country of South America with coasts on both the Caribbean Sea and the Pacific Ocean. The total land area of the country is 1,141,748 sq km (440,831 sq mi). The capital and largest city is Bogotá. IILAND AND RESOURCES