Treaty of Chaguaramas

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The Treaty of Chaguaramas was signed on July 4, 1973 by the Caribbean states of Barbados , Guyana , Jamaica and Trinidad and Tobago in Chaguaramas to improve mutual cooperation. Chaguaramas is a city in Trinidad to the west of the capital Port of Spain .

Content of the contract

The main focus of the contract was the establishment of the Caribbean Community (CARICOM) and the declaration of intent to create a common market ( Caribbean Common Market ). In addition, a coordination of the foreign policy of the signatory states as well as a set of rules for the settlement of disputes among each other were agreed. In Article 2 of the treaty, the other Caribbean states were invited to join, as were the colonies and territories that were then still dependent on the United Kingdom after they had gained independence .

history

In 2001 , the heads of government signed a new contract, with which the signatory states committed themselves to participate in the development of a common economic area ( CARICOM Single Market and Economy ) for the Caribbean community. In addition, the procedure for settling disputes has been updated.

literature

  • Community Secretariat: Treaty establishing the Caribbean Community (1973) . Georgetown o.J.
  • CARICOM Secretariat: Revised Treaty of Chaguaramas establishing the Caribbean Community including the CARICOM Single Market & Economy . Georgetown 2002.
  • Ludger Kühnhardt : Region building , Vol. 2: Regional integration in the world. Documents . Berghahn, New York 2010, ISBN 978-1-84545-655-9 , pp. 160-191.

Footnotes

  1. Caribbean Community & common market business law handbook . International Business Publications USA, Washington 2004, ISBN 0-7397-3174-2 , pp. 33-42.
  2. ^ Prince Neto Waite: The revised Treaty of Chaguaramas. The recourse to arbitration revisited . In: West Indian law journal , ISSN  0253-7370 , vol. 33 (2008), pp. 125-139.