ESTABLISHMENT OF CARIBBEAN COMMUNITY AND COMMON
MARKET
The Eight Heads of Government Conference, which met in Georgetown from 9
th
– 12
th April, 1973, has decided to establish the Caribbean Community
(including the Caribbean Common Market.)
The areas of agreement on which this historic decision was taken are embodied
in an agreed document entitled “The Georgetown Accord” which was signed at the
conclusion of the Conference. In it, the Commonwealth Caribbean Governments
through their Heads of Delegations to the Eight Conference have reaffirmed their
common determination to fulfil, within the shortest possible time, the hopes
and aspirations of the people of the Caribbean territories for industrial and
agricultural development, full employment and improved living standards.
The Heads of Delegations recorded their convictions that these goals could most
rapidly be attained through deepening the integration process already established
within the Caribbean Free Trade Association. Special measures outlined
in the Accord aim at providing all Member States opportunities for sharing equitably
in the benefits of regional economic integration. They also stressed the
vital necessity of enhancing the bargaining power of the Region in relation
to third countries, groups of third countries and extra-regional entities providing
goods, services, technical assistance and funds to the countries of the region.
The Community Treaty formalises and strengthens existing areas of functional
cooperation.
The Conference was attended by delegations from the following territories:-
Antigua, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, Montserrat, St.
Kitts-Nevis-Anguilla, St. Lucia, St. Vincent and Trinidad and Tobago.
At the Inaugural Session, the Hon. L.F.S. Burnham, Prime Minister of Guyana
and Leader of the Guyana Delegation was elected Chairman by acclamation.
Mr Burnham gave an Address of Welcome to the visiting Heads of Government and
of Delegations. Replies were made by the Rt. Hon. Errol Barrow, Prime
Minister of Barbados; the Hon. Robert Bradshaw, Premier of St. Kitts-Nevis-Anguilla;
Hon. James Mitchell, Premier of St. Vincent; and Hon. Michael Manley, Prime
Minister of Jamaica.
STEPS TO COMMUNITY
The Heads of Governments have agreed on the following steps for the establishment
of the Caribbean Community and Common Market. The Caribbean Community
(including the Caribbean Common Market) will be established on the basis of
an agreed Treaty. As anticipated within the framework of the CARIFTA Agreement,
the Caribbean Community (including the Common Market) will supersede the Caribbean
Free Trade Association. This will take effect on 1
st May, 1974.
The Government of Barbados, Guyana, Jamaica and Trinidad and Tobago have undertaken
to sign and ratify the Community Treaty, subject to and in accordance with their
constitutional procedures, so as to enable the Caribbean Community and Caribbean
Common Market to be established as between these four countries on 1
st
August, 1973. The signing ceremony will be held at Chaguaramus, Trinidad
and Tobago, on 4
th July, 1973 the anniversary of the birth of the
late Right Excellent Norman Washington Manley. The Conference chose this
date as a tribute to the contribution to Caribbean regionalism made by the Jamaica
National Hero.
The Government of Belize, Dominica, Grenada, St. Kitts-Nevis-Anguilla, St. Lucia
and St. Vincent have likewise undertaken to sign and ratify the Treaty, subject
to and in accordance with their constitutional procedures, so as to become contracting
parties thereto by 1
st May, 1974.
The declared intention of the Governments of Antigua and Monserrat to give urgent
consideration to the signing of the Accord and thereupon to assume the undertakings
and obligations of a Less Developed Country under it was welcomed by all signatory
Governments. A team of Ministers from the More Developed Countries accompanied
by the Secretary-General of the Regional Secretariat, will visit Monserrat on
3
rd and 4
th May, 1973, for the purpose of working out
special development measures for that territory.
To mark this far-reaching advance in the Regional movement, it has been decided
by Heads of Governments that, beginning from next year, 1974, the first Monday
in July will be designated Caribbean Day. It was suggested that consideration
be given to having this day declared a Public Holiday throughout the Region
and that special Caribbean Community Honours might be awarded each year on that
day.
SOME ECONOMIC INTEGRATION INSTRUMENTS
The Caribbean Investment Corporation
As provided for in the accord, the Heads of Governments agreed to sign on Agreement
at the conclusion of the Conference which establishes on 1
st June,
1973, the Caribbean Investment Corporation. The Corporation will be required
to proceed expeditiously with supporting programmes of investment in the Less
Developed Countries based on an agreed list of industries.
Harmonisation of Fiscal Incentives
to Industry
An Agreement on the Harmonisation of Fiscal Incentives to Industry among the
CARIFTA countries was also considered at the same time. this Agreement
pays special attention to the needs of the Less Developed Countries by, inter
alia, allowing tem to grant a greater maximum number of years tax holidays
than the More Developed Countries as well as providing that the More Developed
Countries will refrain from granting income tax holidays to an agreed list of
industries suitable for location in the Less Developed Countries.
Intra-Regional Double Taxation
Agreement
It was also agreed that a Double Taxation Agreement between the More Developed
and the Less Developed Countries would be brought into effect on 1
st
June, 1973 in order to encourage a greater flow of investment capital within
the Region, paying special attention to the development needs of the Less Developed
Countries.
Rationalisation of Agriculture
Another measure provided for in the Accord is the working out of a scheme for
the Rationalisation of Agriculture in the Region, to be introduced by 1
st
July, 1975 and which will contain special provisions for the benefit of the
Less Developed Countries.
Regional Perspective Plan
Immediate steps will also be taken to commence the technical work on a Regional
perspective Plan designed to make the fullest use of the Region’s resources.
It will aim at achieving specific development targets in all countries of the
Region, including the Less Developed Countries.
Regional Cooperation in Price
Control
The Heads of Governments in considering other aspects of Regional Economic Cooperation
gave attention to the problem of rising prices in the countries of the Region
and to measures of price control. It was agreed that Governments would
exchange information at regular intervals on the prices of imported goods.
Such information would relate to a selection of commodities that influence
the cost of living and the prices of machinery and equipment. Consideration
was also given to other measures, including possible economies from bulk purchase
on a joint basis by countries of the Region.
Regional Commission on Standards,
Quality and Prices
Heads of Governments also decided to establish no late than 1
st May,
1974 under the Caribbean Common Market arrangements a Commission on standards,
quality and prices of goods with a view of safeguarding the interest of consumers
in all countries of the Region.
EXTERNAL RELATIONS
Relations with the E.E.C.
The Heads of Governments considered the question of relations between the CARIFTA
countries and the enlarged European Economic Community and re-affirmed the decision
of the Seventh Heads of Government Conference that the CARIFTA countries should
seek to achieve a group-relationship with the EEC, without prejudice to the
right of the non-independent countries to choose their own from of relationship
with the EEC.
Relations with Canada
The Heads of Governments decided to seek an early opportunity for discussions
with Canada on the West Indies/Canada Agreement of 1925.
Relations with Cuba
The four independent Commonwealth Caribbean Countries agreed to send a Joint
Trade Mission to Cuba in May 1973 to discuss opportunities for mutual trade.
Relations with Japan
The four independent countries also considered the possibility of future joint
approaches to the establishment of Diplomatic Missions abroad. In this connection
it was noted that Jamaica intended to establish a Diplomatic Mission in Tokyo
this year and the possibility of this Mission serving the needs of the Region
was also considered.
Action Programme for Economic
Coopeation adopted by the Georgetown Conference of Non-Aligned Countries in
August 1972
The Conference considered
this matter and agreed to support the request of the Guyana Government and the
Commonwealth Caribbean Regional Secretariat for assistance by ECLA in the formulation
of an inter-regional project which would seek to implement the provisions of
the Action Programme for Economic Cooperation in the fields of Trade, Industry
and Transport.
FUNCTIONAL COOPERATION
Regional Management of the Institute
of International Relations, U.W.I. (St. Augustine)
The Heads of Governments agreed that Commonwealth Caribbean Governments should
participate in the management of the Institute as provided for in its
Constitution. The Heads of Governments of Barbados, Guyana and Jamaica
signified the intention of their Governments to participate in the Institute.
The Conference noted that the Government of Trinidad and Tobago pledged continuing
support for the Institute.
Budget of Manpower Survey
The Heads of Governments approved of the budget for a Manpower Survey of the
entire Region. The Survey, which would be conducted by a Technical Committee,
is intended to provide a firm basis for determining the expansion of University
and general post-secondary facilities, through the assessment of the requirements
for trained manpower at the professional, administrative, managerial and sub-professional
levels in both the public and private sectors.
Emergency Relief in the eastern
Caribbean
The Heads of Governments agreed that a Regional Conference should be held in
July 1973 to discuss and formulate an overall plan for “Search and Rescue Operations.”
West Indies Student Centre in
London
The Heads of Governments in considering the question of the funding of the Centre
decided that the High Commissioners of Commonwealth Caribbean Governments and
the Commissioner of the Associated States in London should be asked to examine
and report on the management, operations and facilities of the Centre and the
purpose served.
Training in Banking
The Heads of Governments decided that raining at the middle and lower levels
of banking might be examined by a meeting of Managers of nationally owned and
controlled banking institutions and Regional Monetary Authorities with a view
to coordinating training and making such training available to personnel from
all territories. With regard to training at higher management levels,
it was agreed that the regional Universities (U.W.I. and U.G.) should be invited
to cooperate with managers of nationally owned and controlled banking institutions
and Monetary Authorities in examining the possibility of providing facilities
for such training in the first instance by short courses.
New UNESCO Mass Communications
project in the Leeward and Windward Islands
The Heads of Government strongly endorsed a proposed project designed
to raise the level of mass communications development in the Less Developed
Countries of the leeward and Windward Islands. The project, which will
cost approximately 1.3 million dollars (US) – to be met by the UNDP – will upgrade
and expand mass communications facilities in the interest of overall national
development and will provide for the training of personnel in those countries.
Publicity for Regional Cooperation
Proposals were also approved for a competition for the design of an Emblem for
the Caribbean Community, and for an Essay Competition for Sixth Formers in Secondary
Schools of CARIFTA Countries and the Bahamas on the subject “How can Regional
Cooperation help to overcome the Economic and Social problems of the English-speaking
Caribbean”. An advertisement giving the details for both competitions
will be published simultaneously throughout the Region. Heads of Governments
also noted and welcomed the UNESCO sponsored Project for the projection of the
Caribbean Community through the media of the press, Radio and Television to
the people of the Region in the month of May.
THE BAHAMAS
The Heads of Governments strongly welcomed the forthcoming achievement, in July,
of Independence by the Commonwealth of the Bahamas and looked forward to its
participation in the Caribbean Community.
COLONIALSIM
AND APARTHEID
The Heads of Governments took note of the Conference now taking place in Oslo
on Colonialism and Apartheid in Southern Africa under the joint auspices of
the United Nations and the Organisation of African Unity and passed on the motion
of the delegation of Barbados the following Resolution which they requested
the Secretary-General to forward immediately to the Conference as an expression
of their support for the purposes of the Conference and their commitment to
the achievement of its objectives:
“The Eighth Conference of the heads of Government of Commonwealth Caribbean
Countries meeting in Georgetown, Guyana, from 9 – 12 April, 1973:
NOTING the significance of the International
Conference of Experts for the support of victims of Colonialism and Apartheid
in Southern Africa now meeting in Oslo under the joint auspices of the United
Nations and the Organistion of the United nations and the Organisation
of African Unity;
CONSCIOUS that apartheid and racialism constitute
organised programmes of violence against the indigenous peoples of Africa and
against the human personality generally;
DISTURBED at the continuation and intensification of
policies of discrimination pursued by the minority racist regimes in Southern
Africa;
CONCERNED over the perpetration of acts of
aggression by these regimes against independent African States;
DEPLORING the economic, political and military support which
these regimes continue to receive from certain developed States;
MINDFUL of the heroic efforts of the Liberation
Movements in Africa in the struggle for freedom and self-determination;
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1. Reaffirms
the abhorrence of Commonwealth Caribbean Governments of colonialism, apartheid
and racial discrimination.
2.
Calls upon the Government of the United Kingdom to put an end to the illegal
racist regime in Rhodesia and upon all Governments to immediately withdraw
any direct or indirect support for that regime.
3.
Reaffirms solidarity with the Liberation Movements and with all the oppressed
people of Southern Africa.
4.
Reasserts the commitments of the States of the Commonwealth Caribbean
assembled here to the continued pursuit of all diplomatic, political and
other appropriate initiatives and action in support of the Liberation
Movements and against all forms of colonialism and apartheid in Southern
Africa.”
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