Caribbean Single Market and Economy (CSME)

The Caribbean Single Market and Economy (CSME) is an initiative aimed at promoting economic integration among Caribbean Community (CARICOM) member states. It allows for the free movement of goods, services, capital, and skilled labor across participating countries, essentially creating a single market. The CSME aims to enhance regional trade, increase competitiveness, and improve living standards by allowing businesses to operate more freely and efficiently in the region. This integration supports economic growth and fosters a stronger collective voice in global economic discussions, benefiting member nations through collaboration and shared resources.