Caribbean Single Market and Economy

The Caribbean Single Market and Economy (CSME) is an initiative that aims to unify the economies of Caribbean Community (CARICOM) member states. It allows for the free movement of goods, services, capital, and labor across participating countries. By reducing trade barriers and facilitating easier access to markets, the CSME seeks to boost economic growth, enhance regional competitiveness, and improve living standards. Essentially, it creates a more interconnected regional economy, helping member countries to collaborate more effectively and benefit from shared resources and talents.