Treaty Establishing the Caribbean Community and Common Market - CARICOM PREAMBLE The Governments of the contracting States, Determined to consolidate and strengthen the bonds which have historically existed among their peoples; Sharing a common determination to fulfil the hopes and aspirations of their peoples for full employment and improved standards of work and living; Conscious that these objectives can most rapidly be attained by the optimum utilisation of available human and natural resources of the Region; by accelerated, coordinated and sustained economic development, particularly through the exercise of permanent sovereignty over their natural resources; by the efficient operation of common services and functional cooperation in the social, cultural, educational and technological fields; and by a common front in relation to the external world; Convinced of the need to elaborate an effective regime by establishing and utilising institutions designed to enhance the economic, social and cultural development of their peoples; Have Agreed as Follows: Continue on to Chapter I