Tue | Oct 17, 2017

Golding insert

Published:Sunday | June 7, 2015 | 12:00 AM

n establish measures for the coordination and convergence of national macroeconomic policies [Article 14(2)(a)];

n adopt measures for fiscal and monetary cooperation among member countries [Article 14(2)(b)];

n recommend measures to achieve and maintain fiscal discipline by member states [Article 14(2)(c)];

n coordinate their foreign exchange policies (Article 42);

n abolish exchange controls and provide for free convertibility of their national currencies (Article 44);

n commit themselves to the goal of free movement of CARICOM nationals (Article 45);

n coordinate their industrial policies (Article 52);

n harmonise investment incentives in the industrial, agricultural and services sectors (Article 69);

n coordinate their external trade policies with third countries (Article 80).