Caribbean Trade Reference Centre

Treaty Establishing the Caribbean Community and Common Market - CARICOM PREAMBLE The Governments of the Contracting States: Noting that the Agreement establishing the Caribbean Free Trade Association had expressly foreshadowed "the ultimate creation of a viable economic community of Caribbean Territories"; Recognising that over the past five years the Caribbean Free Trade Association has laid the foundation for further progress in regional economic integration; Mindful of their different levels of development and of the need to enable all Member States to share equitably in the benefits of regional economic integration; Convinced that closer economic integration among Member States will contribute to the creation of a viable economic community of the Commonwealth Caribbean Countries; Acknowledging that it is the intention to establish a Common External Tariff as an integral feature of the Caribbean Common Market; Have Agreed as follows:-- Continue on to Chapter I