Saturday, May 11, 2024

Arthur: Forget CSME, start over

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FORMER PRIME Minister Owen Arthur has called for a new economic partnership for Barbados that includes CARICOM, the Dominican Republic and Cuba.

He made this appeal during the Small Business Association’s awards ceremony at the Radisson Aquatica Resort, Bay Street, St Michael, last Saturday.

Arthur said the new partnership would be a replacement for the Caricom Single Market and Economy (CSME), which he said had passed its date for implementation.

“The Single Market part of the endeavour was put in place in 2006. The Single Economy was to be created by 2015. That deadline will pass and not be met. It would be pointless going back to the CSME as conceived after an eight-year hiatus because too much has changed in the global arena to make its initial conception still relevant…

Please read the full story in today’s Daily Nation, or in the eNATION edition

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