Caribbean Free Trade Association

The Caribbean Free Trade Association (CARIFTA) was established in 1965 to promote trade among Caribbean nations by reducing tariffs and other trade barriers. Its goal was to boost economic cooperation and development within the region, making it easier for member countries to trade goods and services. Over time, CARIFTA evolved into the Caribbean Community (CARICOM), which further strengthens economic integration and collaboration among its member states. CARIFTA was significant in creating a foundation for regional trade agreements and enhancing economic stability in the Caribbean.