Background: A CARICOM Press Release on 16 November, 2006 stated that at the opening of the Twenty-Second Meeting of the CARICOM Council for Trade and Economic Development (COTED), Secretary General of the Caribbean Community (CARICOM) H. E. Edwin Carington opined that the implementation of the CSME was the best chance of the region coping in the face of globalization. He urged Member States to facilitate the implementation of the Single Economy, “thereby completing the process of establishing a more competitive Caribbean Regional economy”. Current Scenario: 17 years has passed since those statements were made by the then Secretary General. The Conference of Heads of Government CARICOM are scheduled to meet in one month. Your Head of State will be making a Presentation at this Meeting reviewing the competitiveness of CARICOM economies in the face of globalization. Research the extent to which the CARICOM Single Market and Economy (CSME) has established the region as a “more competitive Caribbean Regional economy” in the face of globalization and Prepare the Presentation for you Head of State. **Focusing on Natural disasters issues in Trinidad and Tobago to answer scenario
Background: A CARICOM Press Release on 16 November, 2006 stated that at the opening of the Twenty-Second Meeting of the CARICOM Council for Trade and Economic Development (COTED), Secretary General of the Caribbean Community (CARICOM) H. E. Edwin Carington opined that the implementation of the CSME was the best chance of the region coping in the face of globalization. He urged Member States to facilitate the implementation of the Single Economy, “thereby completing the process of establishing a more competitive Caribbean Regional economy”.
Current Scenario: 17 years has passed since those statements were made by the then Secretary General. The Conference of Heads of Government CARICOM are scheduled to meet in one month. Your Head of State will be making a Presentation at this Meeting reviewing the competitiveness of CARICOM economies in the face of globalization.
Research the extent to which the CARICOM Single Market and Economy (CSME) has established the region as a “more competitive Caribbean Regional economy” in the face of globalization and Prepare the Presentation for you Head of State.
**Focusing on Natural disasters issues in Trinidad and Tobago to answer scenario
Introduction:
Honorable Heads of State, fellow delegates, and distinguished visitors,
We're gathered here today to consider how the CARICOM region's economies have fared in terms of improving their competitiveness in the face of globalization. The bold claim that the CARICOM Single Market and Economy (CSME) might create a more competitive Caribbean regional economy was made by H.E. Edwin Carrington, then Secretary-General of the Caribbean Community (CARICOM), seventeen years ago.
We will examine Trinidad and Tobago's unique situation and its involvement with the CSME in this session, with an emphasis on how it has responded to and adjusted to the difficulties presented by natural catastrophes in the age of globalization.
CSME Overview
Objectives of the CSME: The CARICOM member states were intended to further their economic integration through the CSME. Its main goals include encouraging the free flow of money, labor, products, and services to support regional economic growth and development.
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