History, asked by GlassesBabe, 7 months ago

A letter to the editor of a popular Caribbean Newspaper explaining Caribbean
integration and advocating three measures that can be implemented to improve
Caribbean integration efforts

Answers

Answered by Anonymous
1

Answer:

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T.D. Public School

Delhi

19/01/2018

To,

The Editor

XYZ Newspapers

Delhi

Subject: explaining Caribbean

integration and advocating three measures

In 1973, the smaller, largely English-speaking countries of the Eastern Caribbean launched the Caribbean Community and Common Market (CARICOM), an integration plan intended to coordinate and enhance the collective economic and social development of 15 countries. After three decades of incremental success, CARICOM’s strategy for achieving complete economic integration now rests on implementing the Caribbean Single Market and Economy (CSME), formally established on January 1, 2006, and intended to be fully in place by 2015. CARICOM is a highly trade-dependent region undergoing major changes to its economic relationships with the world. Adjusting to these changes through the CSME is its primary development challenge. To realize the CSME vision, the member countries would have to implement considerably deeper commitments to integration.

The Caribbean Basin has been a long-standing strategic interest of the United States. The success of CARICOM, as well as the continued stability of the region, have important implications for U.S. trade, investment, immigration, drug interdiction, and national security policies. Although small in size, CARICOM’s trade and investment relationship with the United States may become a more prominent issue as the region adjusts to the changing external environment.

Thanking you in anticipating.

Yours sincerely,

Sheela

Answered by EthicalElite
7

418,

Vikas Nagar,

New Delhi

The Editor,

Caribbean Newspaper,

Chandigarh

May 29, 2020

Subject:- Advocating measures that can be implemented to improve Caribbean integration efforts.

Sir,

We know that Regional integration is the process by which two or more nation-states agree to co-operate and work closely together to achieve peace, stability and wealth. Regional Integration in the Caribbean is mainly through the Caribbean Community, or CARICOM.

During the past year, my focus has been on promoting Caribbean Community (CARICOM) regional integration by creating synergies between the Hub & Spokes II Programme and other trade capacity building initiatives. This has involved helping these countries access additional financing and providing them with technical briefs on multilateral trade agreements to realign national trade implementation with multilateral commitments.

Since CARICOM countries face challenges with regards to their small size, regional integration is the only way to create larger markets that are attractive to investment and trade. This is critical for bringing about sustained growth, creating jobs and transitioning to a more inclusive development model. Regional integration will also help link landlocked and small island countries facing high transportation costs to international markets and support trade between CARICOM members, which will inevitably boost their competitiveness.

The World Trade Organization (WTO) Trade Facilitation Agreement (TFA) aims to expedite the movement of goods. WTO members belonging to a regional economic community can adopt regional approaches in the implementation process. The CARICOM Council for Trade and Economic Development (COTED) has agreed to adopt this approach and has earmarked technical and financial assistance towards implementation. I have been leading on the COTED mandate, which has the potential to reduce the high costs of implementing trade agreements by taking a unified approach.

I hope you will thought more about it and will give an appropriate article for this.

Your obedient,

Vikas

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