{"id":10006,"date":"2024-11-08T12:20:04","date_gmt":"2024-11-08T06:50:04","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=10006"},"modified":"2025-03-29T16:47:19","modified_gmt":"2025-03-29T11:17:19","slug":"what-is-caricom","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/what-is-caricom\/","title":{"rendered":"What is CARICOM?"},"content":{"rendered":"<h2><strong>About CARICOM:<\/strong><\/h2>\n<ul>\n<li>CARICOM, which stands for <strong>Caribbean Community,<\/strong> is the oldest surviving integration movement in the developing world.<\/li>\n<li>It is an organization of Caribbean countries and dependencies originally established as the Caribbean Community and Commons Market in 1973 by the Treaty of Chaguaramas.<\/li>\n<li><strong>Main Purposes:<\/strong>\n<ul>\n<li>Promote <strong>economic integration<\/strong> and cooperation among its members;<\/li>\n<li>To ensure that the benefits of integration are equitably shared;<\/li>\n<li>To coordinate foreign policy;<\/li>\n<\/ul>\n<\/li>\n<li><strong>Members:<\/strong>\n<ul>\n<li>It <strong>has 15 members<\/strong>; Antigua and Barbuda, The Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname, and Trinidad and Tobago.<\/li>\n<li>Anguilla, Bermuda, the British Virgin Islands, the Cayman Islands, and the Turks and Caicos Islands have associate member status, and Aruba, Colombia, the Dominican Republic, Mexico, Puerto Rico, and Venezuela <strong>maintain observer status.\u00a0<\/strong><\/li>\n<\/ul>\n<\/li>\n<li>The Chairmanship of the Community is <strong>rotated every six months<\/strong> among the member countries&#8217; Heads.<\/li>\n<li><strong>Secretariat:<\/strong> The CARICOM Secretariat in Georgetown, Guyana, is the principal administrative organ of the Community and is headed by a Secretary General who is the Chief Executive Officer of the Community.\u00a0<\/li>\n<li>In 2007, CARICOM officially inaugurated the <strong>Caribbean Court of Justice<\/strong> (CCJ), which serves as the final court of appeal for CARICOM members and also handles regional trade disputes.<\/li>\n<\/ul>\n<hr \/>\n<h3>Q1: What is Economic integration?<\/h3>\n<p>It is an arrangement among nations to reduce or eliminate trade barriers and coordinate monetary and fiscal policies.<\/p>\n<p><strong>News: <\/strong><a href=\"https:\/\/www.financialexpress.com\/india-news\/india-and-caricom-bolster-ties-in-second-joint-commission-meeting\/3658987\/\" target=\"_blank\" rel=\"nofollow noopener\">India and CARICOM Bolster Ties in Second Joint Commission Meeting<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CARICOM, which stands for Caribbean Community, is the oldest surviving integration movement in the developing world.<\/p>\n","protected":false},"author":5,"featured_media":10007,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-10006","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/10006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=10006"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/10006\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/10007"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=10006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=10006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=10006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}