The CARICOM Single Market and Economy (CSME) is the vision of 15 CARICOM states to build shared prosperity by removing trade barriers and allowing the free movement of goods, services, capital and workers within CARICOM.

The notion of a Caribbean Region without barriers, strengthened by its collective resources and opportunities, has been a shared vision that inspired the commitment of integrationists from the early days.

Subsequently, world developments further crystalised the need to move to put in place the instruments and institutions to realise this vision and facilitate economic development.

When the Caribbean Community (CARICOM) conceived and agreed on the CARICOM Single Market and Economy (CSME) it was in recognition of challenges posed by the increasingly globalised economy and the need to increase competitiveness of the goods and services of the Region for regional and international markets.

This naturally necessitated removal of barriers to trade, with free movement of regional services, goods and capital, and people. The establishment of the Caribbean Court of Justice (CCJ) would ensure CSME integrity and assume custody of the rights of participating states and their nationals.

This naturally necessitated removal of barriers to trade, with free movement of regional services, goods and capital, and people. The establishment of the Caribbean Court of Justice (CCJ) would ensure CSME integrity and assume custody of the rights of participating states and their nationals.