CARICOM KIDS

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CSME stands for the CARICOM Single Market and Economy. 

The CSME came into being in 2006.

The countries that form the CSME are:  Antigua and Barbuda, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, St. Vincent and the Grenadines, St. Lucia, St. Kitts and Nevis, Trinidad and Tobago, and Suriname.  These countries form part of a bloc (grouping) - so they are like a family of countries working together to improve trade in goods and services, and the movement of people between the countries that make up CSME.

So, goods, services and people can move freely across countries in the CSME.   It means that if you live in Grenada you and your family can move to Belize. Your dad who is a medical doctor and your mum who is a music teacher can then work in Belize. It means that you can have a new home. It means you can go to school in Belize and make new friends and learn new things about the country, it’s cities, towns and village. You will also learn more about it’s foods and festivals.

The makers of the soft drinks in Trinidad and Tobago can freely move their soft drinks (called goods) to Barbados.  Or, the makers of ice cream in Barbados can freely trade their goods in Guyana.  So, if you are living in Barbados it means you can buy stuff from your brothers and sisters in the region instead of further away like from the USA or China.

When people, goods and services move freely you can make trade happen more easily. This means that your country can become more economically competitive. When countries are economically competitive it means that you can sell and buy goods and services that are cheaper and better that would lead to better standard of living for you and your parents.

The Treaty of Chaguramas, which is an important document in CARICOM, was revised or changed  in 2000 to make the CSME possible.

 
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