Nov 12, 2019 Last Updated 6:23 PM, Nov 4, 2019
Commerce conducted via electronic means is increasing in importance in global trade. E-commerce contributes to economic growth and can be used for delivering healthcare, education and good governance. In recognition of these and other significant benefits, an e-commerce regime is…
Harmonised, high quality and timely statistics are important for monitoring and assessing the progress of the economic and social integration process and informing policy decisions. In that regard, efforts are underway to strengthen statistical capacity in Member States.
Recent developments in the global and regional economies have underscored the importance of strengthening safety nets in the financial sector. Therefore, a study was commissioned on modalities of deposit insurance. The purpose of the study was to recommend proposals for…
A legal and regulatory framework for the sharing of credit information among market participants has been drafted. The framework sets the performance standards for credit reporting agencies (credit bureaus) as well reporting institutions (banks and credit unions). It also grants…
The Revised Treaty of Chaguaramas establishing the CSME provides for action to promote and protect the interest of consumers within Member States. Consequently, a consumer protection framework is being developed. A model Consumer Protection Bill for Member States and the…
Through the establishment of a Regional Labour Market Information System, data on the labour markets for all participating Member States would be made available in a central depository and in a timely manner. This information would allow for better matching…
The project’s aim is to build a secure regional database network among Company Registries in twelve (12) Member States and connect them to a central repository at the CARICOM Secretariat. In so doing, it is anticipated that increased efficiencies would…
Under the 10th EDF, the focus in this area is to ensure that Member States have the appropriate structures in place for the proper functioning of a fair and competitive single market and economy. Work is being carried out on…
The basic premise of the single jurisdiction is that a business that is established (i.e. incorporated/registered) in a CSME Member State is deemed to be established in all CSME Member States save the requirements to obtain the necessary permits/licenses and…
Various initiatives are underway to create an integrated CSME public procurement regime and market. When implemented, individuals and firms will have the opportunity to bid for public sector contracts in all 13 CSME-participating Member States. Additionally, public procurement will be…
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