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CSME

Desha Roberts, Summer


Caliste, Jalene Blackman,
Iyanna Dehyrangeit, Shenia
J. Alexander, Tiona Smith
INTRODUCTION

Back Aims Achieve Failure


ground ments

Background Aims Achievements Failures


The member states and The objectives and goals The successes and aims The areas in which the
reason for the start of of CSME. met by CSME. institution fell short or
CSME. failed to meet set
objectives
Background

• The history of the CSME (CARICOM Single Market and


Economy) can be traced back to 1968, with the
establishment of the Caribbean Free Trade Area
(CARIFTA) which served the limited purpose of removing
tariffs and other barriers to intra-regional trade in goods.

• Jamaica claimed that it was disproportionally represented


in the federation and pulled out. Other countries followed
suit. This ultimately resulted in CARIFTA being short-
lived. However, it did provide a foundation for the
formation of the Caribbean Community and Common
Market (CARICOM), which still exists today.

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