EENI Global Business School
CARICOM Caribbean Community

Syllabus of the Subject: Caribbean Community and Common Market (CARICOM). CARIFORUM

  1. Introduction to the Caribbean Community (CARICOM)
  2. Economic Profile of the Caribbean Countries
  3. CARICOM Single Market and Economy
  4. International Trade Policy of the Caribbean Community
  5. The Caribbean Development Bank
  6. CARICOM International Trade Relations
    1. CARIFORUM-European Union (EU) Economic Partnership Agreement
    2. International Trade with Canada and the United States
    3. Colombia-CARICOM Agreement
    4. Caribbean Community-Costa Rica Agreement
    5. CARICOM-Dominican Republic Free Trade Agreement (FTA)
    6. Caribbean-Canada Trade Agreement (CARIBCAN)
  7. Caribbean Basin Initiative
    1. United States-Caribbean Basin Trade Partnership Act (CBTPA)
  8. Organisation of Eastern Caribbean States (OECS)

The objectives of the Subject “Caribbean Community (CARICOM)” are the following:

  1. To understand the aims and trade policy of the CARICOM
  2. To analyse the economic profile of the Caribbean Countries
  3. To evaluate the benefits for the CARICOM member countries
  4. To analyse the economic integration process (Caribbean Single Market and Economy) and the foreign trade among the Caribbean Community member countries
  5. To know the affiliated institutions:
    1. Caribbean Development Bank
    2. Organisation of Eastern Caribbean States (OECS)
  6. To identify the CARICOM Free Trade Agreements
The Subject “Caribbean Communitybelongs to the following Online Higher Education Programs taught by EENI Global Business School:
  1. Masters: Business in America, International Business, Foreign Trade
  2. Doctorates: American Business, World Trade
  3. Course: Business in The Caribbean

EENI Online Masters and Doctorates in International Business adapted for the Caribbean students

  1. Belize, Master, International Business, Foreign Trade Masters and Doctorates in International Business adapted for the Belizean Students
  2. Guyana, Master, International Business, Foreign Trade Masters and Doctorates in International Business adapted for the Guyanese Students
  3. Suriname, Master, International Business, Foreign Trade Masters and Doctorates in International Business adapted for the Surinamese Students

African Student, Doctorate, Master International Business, Trade

Learning materials in Courses, Masters, Doctorates in International Business in English or Study Master Doctorate Business in Spanish CARICOM Study, Master in International Business in French CARICOM

  1. Credits of the Subject “CARICOM”: 1 ECTS Credits
  2. Duration: one week

Sample of the Subject - Caribbean Community and Common Market (CARICOM):
Caribbean Community CARICOM (Single Market and Economy). Bahamas, Barbados, Belize, Dominica...





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Description of the Subject: Caribbean Community and Common Market (CARICOM).

The main objective of the Caribbean Community and Common Market (CARICOM) is to enforce the economic integration of the Caribbean Economies (America) by the creation of a common market regime and the coordination of the foreign policies of the member countries.

The Caribbean Community and Common Market Member States are Antigua and Barbuda, The Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint Lucia, Saint Kitts and Nevis, Saint Vincent and the Grenadines, Suriname, and Trinidad and Tobago.

The associate members of the CARICOM are Anguilla, Bermuda, British Virgin Islands, Cayman Islands, Turks and Caicos Islands.

The observer states of the CARICOM are Aruba, Colombia, Curaçao, Mexico, Puerto Rico, Dominican Republic, Saint Martin and Venezuela.

CARICOM Single Market and Economy.

  1. The CARICOM Single Market and Economy is planned to benefit the population of the Caribbean region by providing more opportunities to produce and trade products and services and to attract the Foreign direct investment (FDI)
  2. The CARICOM Single Market and Economy will create one single market among the participating member economies

The Caribbean Development Bank is a regional financial development institution established in 1969 by an Agreement signed by eighteen countries and territories, including all the ten Caribbean Free Trade Association member economies, Belize (then British Honduras), and the Bahamas.

Caribbean Development Bank (Antigua, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Suriname...)

The Eastern Caribbean Central Bank is the Monetary Authority for the Eastern Caribbean Countries of Anguilla, Antigua and Barbuda, the Commonwealth of Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines.

CARIFORUM Economic Partnership Agreement with the EU.

The Economic Partnership Agreement was signed on 2008 by the European Union: Antigua and Barbuda, Bahamas, Barbados, Belize, Dominica, Grenada, Jamaica, Saint Christopher and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname, Trinidad and Tobago, and Guyana.

Haiti signed on 2009.

The CARICOM belongs to the Western Civilisation (Caribbean Economic Area).

Samples - CARICOM

Costa Rica-CARICOM (Antigua, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Suriname...) Free Trade Agreement

European Union-CARICOM (Antigua, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Suriname...) Free Trade Agreement (FTA)

CARIFORUM (Antigua, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Suriname...)-European Union Economic Partnership Agreement

CARICOM (Antigua, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Suriname...)-Colombia Free Trade Agreement (FTA)

Organisation of Eastern Caribbean States (OECS): Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, Saint Vincent and the Grenadines, Saint Lucia, and Saint Vincent and the Grenadines.

Caribbean Basin



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