The people of the Caribbean Community (CARICOM) are being told to be patient with respect to full realization and implementation of the CARICOM Single Market and Economy (CSME).
“It’s not an overnight task,” says Dominican Irwin Larocque, Assistant Secretary-General of Trade and Economic Integration at the CARICOM Secretariat.
While CARICOM heads of government have identified 2015 as the target for finalizing the strategic framework to achieve full effect of the CSME, authorities have often been accused of feet-dragging over the initiative’s full implementation; however Larocque told state-owned DBS radio that creating the CSME is “a process”.
“It involves at the very basic level the coordination of certain policy frameworks that one would one to take in terms of when you are constructing the Single Market and Economy. It involves looking at your laws in the various countries; it involves looking at your administrative practices,” he said.
Larocque says the Single Market element of the CSME is in effect allowing for the trade of goods and services as well as the free movement of skilled nationals throughout the region.
“Since 2006, we launched the Single Market, by all accounts its operating properly,” he added.
Meanwhile Dominica has nominated Larocque to fill the position of the Secretary-General of the Caribbean Community (CARICOM) after Edwin Carrington decided to leave the job after 18 years.