caribbean community and common market
organization of Caribbean nations and dependencies that was established in 1973 by the Treaty of Chaguaramas. It replaced the former Caribbean Free Trade Association (Carifta), which had become effective in 1968. The treaty spurred the development of associate institutions, including the Caribbean Development Bank and the Organization of East Caribbean States, both of which promote economic growth and cooperation. Members include Antigua and Barbuda, The Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname, and Trinidad and Tobago. Anguilla, Bermuda, the British Virgin Islands, the Cayman Islands, and the Turks and Caicos Islands have associate member status, and Aruba, Colombia, the Dominican Republic, Mexico, the Netherlands Antilles, Puerto Rico, and Venezuela maintain observer status. The permanent secretariat has its headquarters in Georgetown, Guyana.
Learn more about Caribbean Community and Common Market with a free trial on Britannica.com.