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ESTABLISHMENT OF THE CARICOM SINGLE MARKET AND ECONOMY KEY ELEMENTS*

ELEMENTS

STATUS

 ACTION REQUIRED

1. TREATY REVISION

   
1.1 Signature of Revised Treaty Twelve (12) Member States have signed Revised Treaty - Antigua and Barbuda, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname and Trinidad and Tobago Montserrat to Sign
1.2. Protocol on Provisional Application of Revised Treaty Twelve (12) Member States have signed - Antigua and Barbuda, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, St. Kitts and Nevis, Saint Lucia, St. Vincent and The Grenadines, Suriname, Trinidad and Tobago. Montserrat to sign
1.3. Protocol on the Revision of the Treaty Twelve (12) Member States have signed - Antigua and Barbuda, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, St. Kitts and Nevis, Saint Lucia, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago. Montserrat to sign
1.4. Ratification and Accession St. Vincent and the Grenadines has ratified Revised Treaty All Member States to ratify Revised Treaty
1.5. Enact Treaty into Domestic Law No Member State has enacted Treaty into Domestic Law All Member States to enact Treaty into Domestic Law
2. NATIONAL ADMINISTRATION    
2.1. Ministry with responsibility for CARICOM Affairs All Member States have identified Ministry with responsibility for CARICOM Affairs  
2.2. Appointment of CEO (administrative support/focal point) within CARICOM Ministry All Member States have identified designated Officer  
2.3. Establishment of National Consultative System (Inter-Ministerial Consultative and Business and Labour Advisory Committees) System of consultations established and maintained by Member States  
3. ENFORCEMENT, REGULATION AND SUPPORTING INSTITUTIONS    
3.1. Caribbean Court of Justice    
3.1.1. Signature of Agreement Ten (10) Member States have signed - Antigua and Barbuda, Barbados, Belize, Grenada, Guyana, Jamaica, St. Kitts and Nevis, Saint Lucia, Suriname and Trinidad and Tobago Dominica, Montserrat and St. Vincent and The Grenadines to sign
3.1.2. Ratification of Agreement Of the Member State which have signed, Barbados, Guyana and Saint Lucia have ratified the Agreement. The Agreement has entered into force. Other Member States which have signed - Antigua & Barbuda, Belize, Grenada, Jamaica, St. Kitts and Nevis, Suriname and Trinidad & Tobago - to deposit Instruments of Ratification.
3.1.3. Enactment of Agreement into Domestic Law No Member State has enacted legislation giving effect to Agreement Member States to enact legislation giving effect to Agreement
3.2. CROSQ    
3.2.1. Signature of Agreement establishing CROSQ Agreement signed by twelve (12) Member States - Antigua and Barbuda, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, St. Kitts and Nevis, Saint Lucia, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago. Montserrat to sign
3.2.2. Protocol on Provisional Application of Agreement Establishing CROSQ Protocol on Provisional Application signed by eleven (11) Member States - Antigua and Barbuda, Barbados, Belize, Grenada, Guyana, Jamaica, St. Kitts and Nevis, Saint Lucia, St. Vincent and the Grenadines, Suriname and Trinidad and Tobago. Dominica or Montserrat to sign

 
4. FREE MOVEMENT OF GOODS    
4.1. Implementation of Rules of Origin (Schedule I of Revised Treaty) structured on 1996 HS Ten (10) Member States have implemented Rules of Origin - Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, St. Kitts and Nevis, Saint Lucia, St. Vincent and the Grenadines, Trinidad and Tobago Antigua and Barbuda, Montserrat, Suriname to implement Rules of Origin structured on 1996 HS
4.2 . Implementation of Revised Structure of CET based on 1996 HS Ten (10) Member States have implemented Revised Structure - Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, St. Kitts and Nevis, Saint Lucia, St. Vincent and the Grenadines, Trinidad and Tobago Antigua and Barbuda, Montserrat and Suriname to implement Revised Structure.
4.3. Removal of unauthorised import (or equivalent) duties on goods of Community Origin Belize applies a Revenue Replacement Duty on a specific list of goods of Community Origin;


Antigua and Barbuda, Dominica, Grenada, Montserrat, St. Kitts and Nevis, St. Lucia, St. Vincent & the Grenadines apply Customs Service Tax on goods of Community origin.


Jamaica applies a Customs Users Fee( JM$600 - 3000) on goods of Community origin
Belize to remove application of import duty on goods of Community Origin.

Member States applying Customs Service Tax to ensure that charges reflect the cost of processing imports rather that as a tariff.
4.4. Removal of export duties on goods of Community Origin With the exception of Suriname which applies an export tax on lumber, no other Member States apply export duties on goods of Community Origin Suriname to remove the application of the export tax on lumber.
4.5. Removal of discriminatory Internal Taxes and Other Fiscal Charges Discriminatory Environmental Levy applied by Antigua and Barbuda and Barbados on goods of Community origin.



Discriminatory Environmental Tax applied by Belize;

Discriminatory Environmental Surcharge applied by Dominica, Grenada and Guyana;

Discriminatory Bottle Deposit Levy applied by St. Kitts and Nevis, Saint Lucia and St. Vincent and the Grenadines.

A discriminatory Standard Compliance Fee is applied by Jamaica on all imported goods of Community origin on which there are compulsory standards;

An Inspection Fee is applied by Trinidad and Tobago on a certain goods of Community origin.

A Statistics Fee and a Consent Fee are applied by Suriname on all imports of Community origin.

Discriminatory Consumption Tax applied by Antigua and Barbuda on all imports of Community origin; and by Guyana on imports of apparel of Community origin.

Montserrat applies a Special Produce Import Tax on wine, beer and rum of Community origin.

Member States to remove the discriminatory application of Internal Taxes and other Fiscal charges on goods of Community Origin
4.6. Removal of unauthorised import licenses on goods of Community origin Import licences applied by Antigua and Barbuda, Dominica, Montserrat , St. Kitts and Nevis, Saint Lucia, St. Vincent and the Grenadines and Suriname on various goods of Community origin. Antigua and Barbuda, Dominica, Montserrat, St. Kitts and Nevis, Saint Lucia, St. Vincent and the Grenadines and Suriname to remove unauthorised import licensing on goods of Community origin.
4.7. Removal of unauthorised Government Assistance No reports of unauthorised Government Assistance in place in Member States  
4.8. Elimination in practices of Public undertakings No Reports of Public Undertakings in Member States  
4.9. Implementation of Harmonised Customs Legislation, Regulations and Forms Draft of 21 modules of modern Customs Legislation have been prepared and submitted to Member States for implementation.



St. Vincent and the Grenadines has taken action to enact into national legislation.
Member States except St. Vincent and the Grenadines to take action to implement Harmonised Customs Legislation
4.10. National Standards Bodies  National Standards Bureaux established in eleven (11) Member States - Antigua and Barbuda, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, St. Kitts and Nevis, Saint Lucia, St. Vincent and the Grenadines, Trinidad and Tobago. Montserrat and Suriname to establish National Standards Bureaux.
5. FREE MOVEMENT OF SERVICES    
5.1. Removal of Restrictions to Provision of Services    
5.1.1. Notification of Restrictions List of existing restrictions notified by all Member States in 2000  
5.1.2. Implementation of Programmes for Removal of Restrictions The 13th Inter-Sessional Meeting of the Conference in February 2002 formally approved the Schedules of Commitments for removal of Restrictions by Member States, which took effect from 1 March 2002 .

The Conference has agreed that Programmes for the removal of restrictions on international maritime and air transportation would be negotiated at a later date.

Montserrat granted two-year derogation from its obligation to implement Programmes.
Legislative and administrative action to be taken by Member States to remove restrictions to provision of Services


Programmes for the removal of restrictions on the provision of Transportation Services to be developed
6. FREE MOVEMENT OF PERSONS    
6.1. Free Movement of Skills    
6.11. Implementation of Skills Legislation CARICOM Skilled National Bill enacted in eleven (11) Member States - Antigua and Barbuda, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, St. Kitts and Nevis, Saint Lucia, St. Vincent and the Grenadines, Trinidad and Tobago. Montserrat and Suriname to enact Skilled National Bill for the free movement of skilled nationals.
6.1.2. Legislative and Administrative arrangements for free movement of Media Workers, Artistes, Musicians, Sports persons Belize, Dominica, Guyana, Jamaica and St. Vincent and the Grenadines have explicit legal provisions for free movement of university graduates, media workers, artistes, musicians and sports persons.





Barbados is currently facilitating free movement of these categories administratively.

 
Antigua and Barbuda, Barbados, Grenada, Montserrat, St.Kitts and Nevis, Saint Lucia, Suriname, Trinidad and Tobago to make necessary Order or amend existing legislation to provide for free movement of these categories.
6.1.3. Legislative and Administrative arrangements for Free Movement of Self employed service providers, entrepreneurs, technical, managerial and supervisory staff, spouses and immediate dependent family members, persons consuming services abroad. Removal of Restrictions under Protocol II have expanded the categories of persons eligible to move freely, to include these categories. Member States to take legislative and administrative action to give effect to the free movement of these categories.
6.2. Contingent Rights The Conference has agreed to the subsequent addition of a Protocol treating with Contingent Rights The Secretariat to commence work to consider the development of policy framework in this area.
6.3. Facilitation of Travel    
6.3.1. Elimination of need for passport by CARICOM Nationals, for intra-regional travel (e.g use of ID card) Member States continue to require CARICOM Nationals to present passports at ports of entry.




Regional Immigration and other officials holding ongoing discussions on the matter.
Determination on the way forward and the acceptability of other forms of Identification to be agreed at Regional level.
6.3.2. CARICOM Passport Work is on-going at the Regional level and technical proposals have been developed. Determination on the way forward to be taken at Regional level
6.3.3. Common E/D Form.  Work is on-going at the Regional level on the matter. Immigration and other Regional Officials have agreed on core elements for a CARICOM E/D Form. A decision on the way forward to be agreed at the Regional level.
6.3.4. Elimination of Intra-CARICOM visa requirements Visa requirements have been eliminated except in the case of St. Kitts and Nevis which require visa for Suriname nationals. However, St. Kitts and Nevis administratively facilitates entry for Suriname nationals. St. Kitts and Nevis to amend existing legislation to provide for elimination of visa requirements in respect of Suriname nationals
6.3.5. Lines identified for CARICOM and Non-CARICOM Nationals at Ports of entry Agreement reached at the Regional level on the implementation of two lines at ports of entry -

(1) Lines for CARICOM Nationals; and
(1) Lines for Non-CARICOM Nationals.
Member States to take action to fully implement decision.
6.4. Mechanism for equivalency and accreditation    
6.4.1. Establishment of National and Regional Accreditation Infrastructure Fully functioning national bodies in Jamaica and Trinidad and Tobago;



Institution established in St. Kitts and Nevis with limited functions;



Barbados, Saint Lucia, Belize, Guyana and Suriname in the process of establishing national institutions.
Regional Accreditation Body to oversee accreditation and equivalency to be put in place.

National Accreditation Bodies to be put in place by Member States which have not yet done so.
6.5. Agreement on Transference of Social Security benefits    
6.5.1. Signature and Ratification of Agreement Agreement entered into force on 1 April 1997.

Twelve (12) Member States have signed and ratified the Agreement - Antigua and Barbuda, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, Montserrat, St. Kitts and Nevis, Saint Lucia, St. Vincent and the Grenadines, Trinidad and Tobago.

The Bahamas has signed and ratified the Agreement.

Suriname does not have a national social security system as the other Member States.
Suriname to regularise its Social Security Arrangement.
6.5.2. Enactment of Social Security Legislation Ten (10) Member States have enacted national legislation to give effect to the Agreement - Antigua and Barbuda, Barbados, Belize, Guyana, Jamaica, Montserrat, St. Kitts and Nevis, Saint Lucia, St. Vincent and the Grenadines, Trinidad and Tobago.

The Bahamas has enacted national legislation.

Barbados, Dominica, Guyana, St. Kitts and Nevis and Trinidad and Tobago processing claims under the Agreement.
Dominica and Grenada to enact national legislation to give effect to the agreement.
7. FREE MOVEMENT OF CAPITAL    
7.1. Removal of Restrictions to Movement of Capital    
7.1.1. Notification of Restrictions List of existing restrictions notified by all Member States in 2000  
7.1.2. Implementation of Programmes for Removal of Restrictions The 13th Inter-Sessional Meeting of the Conference in February 2002 formally approved the Schedules of Commitments for removal of Restrictions by Member States, which took effect from 1 March 2002 .

Montserrat granted two-year derogation from its obligation to implement Programmes.
Legislative and administrative action to be taken by Member States to remove restrictions to the Free Movement of Capital
7.2. Capital Market Integration    
7.2.1. Establishment of Stock Exchange National Stock exchanges established in - Barbados, Jamaica, Trinidad and Tobago and the OECS (serving all OECS Members) Belize, Guyana and Suriname to establish national Stock Exchanges
7.2.2. Cross-listing and trading Barbados, Jamaica and Trinidad and Tobago are the only countries comprising the Regional Stock Market. Legislative and administrative framework to be developed and implemented to facilitate Cross-Listing and trading in Member States which are not currently part of Regional Stock Exchange.
7.3. Intra-Regional Double Taxation Agreement    
7.3.1. Signature and Ratification of Agreement Eleven (11) Member States have signed and ratified Agreement - Antigua and Barbuda, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, St. Kitts and Nevis, Saint Lucia, St. Vincent and the Grenadines and Trinidad and Tobago. Montserrat and Suriname to sign and ratify Agreement
7.3.2. Enactment of Legislation National Legislation enacted by eight (8) Member States - Antigua and Barbuda, Barbados, Belize, Guyana, Jamaica, Saint Lucia, St. Vincent and the Grenadines and Trinidad and Tobago. Of the Member States which have signed and ratified the Agreement, Dominica, Grenada, St. Kitts and Nevis to enact national legislation to give effect to the Agreement.
8. RIGHT OF ESTABLISHMENT    
8.1. Removal of Restrictions    
8.1.1. Identification and Notification of Restrictions List of existing restrictions notified by all Member States in 2000

 
 
8.1.2. Implementation of Programme for Removal of Restrictions The 13th Inter-Sessional Meeting of the Conference in February 2002 formally approved the Schedules of Commitments for removal of Restrictions by Member States, which took effect from 1 March 2002 .

Montserrat granted two-year derogation from its obligation to implement Programmes
Legislative and administrative action to be taken to remove restrictions to Right of Establishment.
8.2. Areas Ancillary to Rights of Establishment    
8.2.1. Treatment of Transnational Corporations Work on-going at the level of the Secretariat to identify donor resources to undertake a policy study on the role of transnational corporations in the CSME  
8.2.2. Transfer Pricing Secretariat making efforts to secure resources to conduct study to develop policy proposals on corporate dimensions of regional integration and transfer pricing arrangements.  
9. COMMON EXTERNAL POLICY    
9.1. Implementation of Fourth Phase of CET Nine (9) Member States have implemented Fourth Phase - Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, Saint Lucia, St. Vincent and the Grenadines and Trinidad and Tobago. Antigua and Barbuda, Montserrat, St. Kitts and Nevis and Suriname to implement Fourth Phase.
10. PUBLIC EDUCATION Public education activities undertaken by Member States independently and by Member States in collaboration with the Secretariat continue to be on-going. Intensification of Public Education Programme at national and regional level.

 

 

Update
27 August 2002

 * Original document as it was published in the CARICOM Website, www.caricom.org.