Background
Information
The
Organisation of Eastern Caribbean States (OECS) came
into being in 1981, when seven Eastern Caribbean
countries agreed, through the
Treaty of Basseterre, to
cooperate with each other and promote political and
economic unity and solidarity among the Members.
The objectives set out in the
Treaty of Basseterre
are to
promote co-operation among the Member States and to defend
their sovereignty, territorial integrity and independence;
to assist the Member States in the realisation of their
obligations and responsibilities to the international
community with due regard to the role of international law
as a standard of conduct in their relationships; to
establish and maintain wherever possible arrangements for
joint overseas representation and common services; to
promote economic integration among the member states; to
pursue these through its respective by discussion of
questions of common concern and by agreement on common
action.
At the 34th meeting of the Authority, OECS Heads of
Government decided to deepen economic integration by
creating an economic union. The New vision of the OECS was
presented in the
OECS Development Charter.
The
35th meeting presented the
main elements of an economic union implementation project. OECS Governments took a decision in June 2006 to formally establish an economic union. The draft economic union treaty provides a foundation for closer cooperation on certain governance related matters, while another pillar of the treaty focuses on deepening economic integration. This integration is expressly geared to complement integration efforts already taking place at the CARICOM level.
The Draft of the New Treaty For
Frequently Asked Questions on the New OECS Economic Treaty
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Communiques of the Authority
48th meeting

47th meeting

46th meeting

45th meeting

44th meeting

43th meeting

42th meeting

41th meeting

40th meeting

39th meeting

38th meeting

35th meeting

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