Barbados to host CARICOM meetings this week

Barbados will host two Caribbean Community (CARICOM) meetings this week, including the sixth Special Meeting of the Council of Ministers of Finance and Planning (COFAP) which opens here tomorrow at 9 a.m. under the chairmanship of Antigua and Barbuda’s Prime Minister Gaston Browne.

On Wednesday, Prime Minister Mia Mottley, who has lead responsibility for the CARICOM Single Market and Economy (CSME), will chair the Ninth Prime Ministerial Sub-Committee meeting on the CSME. She is also down to deliver the feature address at 8:30 a.m.

Both are closed-door sessions and will take place at the Lloyd Erskine Sandiford Centre.

Prior to adopting the agenda and discussing some procedural matters during the CSME meeting, CARICOM leaders will focus their attention on Stakeholders Perspectives and Recommendations for an Effective CSME, including objectives and priorities; Free Movement of Persons; the Role of the Private Sector and Labour; as well as Public Awareness/Education.

They will also seek to address some Macro-Economic Support Measures, namely a Review of the Establishment of the Enabling Support Measures for a Competitive CSME, and some Priority Elements; Specific Key Considerations for CSME Effectiveness; Consultation Mechanisms; Establishment of a Single Jurisdiction and Single Registration for Companies; and the Definition of a CARICOM National.

The heads of government will also address the issue of Non-Compliance Regarding Agreed Measures Intended to Support Member States; an Enforcement/Dispute Settlement Mechanism; and Effective Operationalization of the Mechanisms Enshrined in the Revised Treaty of Chaguaramas and Possibilities for Sanctions.

A press conference will follow the CSME meeting on Wednesday.

The post Barbados to host CARICOM meetings this week appeared first on Barbados Today.



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