In a significant show of regional solidarity, the Caribbean private sector has powerfully reinforced its dedication to the CARICOM Single Market and Economy (CSME) framework. A formal declaration issued on December 23rd by the CARICOM Private Sector Organization, alongside key partners, underscores the enduring value of this economic integration initiative.
The statement highlights the CSME’s proven track record in delivering substantial advantages to member states, including a notable expansion in intra-regional commerce, the fortification of critical supply chains, and sustained job creation across the Caribbean community. The private sector coalition explicitly endorsed the foundational vision established by CARICOM leaders in the historic 1989 Grand Anse Declaration, asserting its continued relevance amidst contemporary global economic volatilities.
Emphasizing the principle of collective strength, the announcement serves as a pledge from regional business groups to intensify collaboration with national governments. This partnership aims to accelerate the complete implementation of the CSME’s provisions and bolster economic resilience against external shocks. The timing of the statement, coinciding with the holiday period, also carried a message of unity and goodwill directed toward all citizens within the CARICOM region.