Caribbean Single Market and Economy (CSME)
Some benefits of the CARICOM Single Market and Economy are:
- Increased production and trade in goods and services in a combined market of over 6 million persons and for the world beyond.
- Competitive products of better quality and prices
- Improved services provided by enterprises and individuals, including transportation and communication
- Greater opportunity for travel
- Opportunities for nationals to study and work in CARICOM countries of their choice
- Increased employment and improved standards of living
The CARICOM Single Market and Economy is not a political union.