Common / single market
Caribbean Community (CARICOM)
Caribbean regional integration with a common external tariff and the CARICOM Single Market and Economy; participation in some arrangements differs by member.
- Abbreviation
- CARICOM
- Status
- In force
- Type
- Common / single market
- Scope
- Goods and services
- Signed
- Jul 1973
- In force since
- Aug 1973
- Member countries
- 14
Key features
- Common external tariff applied to imports from non-members.
- Elimination or reduction of import duties on most goods, phased in according to each party’s tariff schedule.