Caribbean Community and Common Market

views updated May 29 2018

Caribbean Community and Common Market (CARICOM) Caribbean economic union. CARICOM was formed in 1973 by the Treaty of Chaguaramas to coordinate economic and foreign policy in the West Indies. Most members rely on the export of sugar and tropical fruits and are heavily dependent on imports, so competition for foreign markets is fierce. The headquarters are in Georgetown, Guyana.

http://www.caricom.org

About this article

Caribbean Community and Common Market

All Sources -
Updated Aug 24 2016 About encyclopedia.com content Print Topic