Organization of Eastern Caribbean States

Sub-subject: The Organization of Eastern Caribbean States (OECS). Syllabus:

1. Introduction to the Organisation of Eastern Caribbean States (OECS)
2. The Revised Treaty of Basseterre
3. The structure and organization
4. The Economic Union of OECS
5. The Eastern Caribbean Central Bank
6. The Eastern Caribbean Currency Union
7. The Capital Market
8. Economic Profile of OECS States
9. Economic Partnership Agreement CARIFORUM-European Union (EU)

Sample of the Sub-subject: Organisation of Eastern Caribbean States

Sub-Subject Description: Organisation of Eastern Caribbean States (OECS).

In 1981 was signed the Treaty of Basseterre which created the Organisation of Eastern Caribbean States (OECS) by seven countries of the Eastern Caribbean. Today, the OECS consists of nine countries: Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, St Kitts and Nevis, St Lucia, and St Vincent and the Grenadines. All these countries are members of the CARICOM.

1. In 2010 was signed the Revised Treaty of Basseterre
2. There are two associate members of the Organisation of Eastern Caribbean States (OECS): Anguilla and the British Virgin Islands
3. All the countries are also members of the CARICOM Single Market and Economy and the CARIFORUM-EC Economic Partnership Agreement (EPA) with the European Union.

The main objective of the Organisation of Eastern Caribbean States (OECS) is to create an Economic Union (goods, capital, and people).

Other aims of the Organisation of Eastern Caribbean States are:

1. To support the economic integration in the region
2. To encourage economic cooperation between member countries
3. To harmonize fiscal and monetary policies
4. To develop the strategic sectors of the member countries (energy, tourism, agriculture)
5. To develop a common approach to the environment, health, and regional trade

All the seven countries of the Organisation of Eastern Caribbean States (OECS) share a common currency, the Eastern Caribbean Dollar issued by the Eastern Caribbean Central Bank.

The Organisation of Eastern Caribbean States belongs to the Christian Civilization (Caribbean Economic Area).