CARICOM Trade Bloc 'In Crisis'

3/1/2012 8:00:00 AM
by Amanda Banks, Tax-News.com, London
01 March 2012


The Caribbean Community (CARICOM), an economic bloc among Caribbean territories, is at breaking point, according to a document circulated among its fifteen member states which urges rapid structural and operational reform.

A report published ahead of CARICOM's March plenary urges members to commit to "fundamental changes" in the management structure and workings of the CARICOM Secretariat to avoid members from "voting with their feet", leading to a break-up of the group.

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