CARIFTA (Caribbean Free Trade Association)

The Caribbean Free Trade Association (CARIFTA) is an agreement among Caribbean countries aimed at promoting economic cooperation and reducing trade barriers. Established in 1965, its goal is to facilitate the free movement of goods, services, and investments among member nations, fostering regional economic growth. By removing tariffs and other restrictions, CARIFTA encourages commerce, strengthens regional integration, and prepares members for broader economic groups like CARICOM. Overall, it helps Caribbean countries work together to boost their economies and improve opportunities for businesses and consumers within the region.