Treaty Establishing the Caribbean Community and Common Market - CARICOM ANNEX: THE CARIBBEAN COMMON MARKET CONTENTS Preamble Chapter 1 PRINCIPLES Article 1. Establishment of the Caribbean Common Market 2. Membership 3. Objectives of the Common Market 4. General Undertaking as to Implementation Chapter II ORGANS OF THE COMMON MARKET The Council 5. Establishment 6. Composition 7. Functions and Powers 8. Voting 9. The Common Market Secretariat 10. Functions of the Secretariat 11. Disputes Procedures within the Common Market 12. Reference to Tribunal Chapter III TRADE LIBERALISATION Article 13. Exclusion From This Annex 14. Common Market Origin 15. Import Duties 16. Export Drawback 17. Revenue Duties and Internal Taxation 18. Prohibition of Export Duties 19. Dumped and Subsidized Imports 20. Freedom of Transit 21. Quantitative Import Restrictions 22. Quantitative Export Restrictions 23. General Exceptions 24. Security Exceptions 25. Government Aids 26. Public Undertakings 27. Cooperation in Customs Administration 28. Import Restrictions Arising From Balance of Payments Difficulties 29. Difficulties in Particular Industries 30. Restrictive Business Practices Chapter IV COMMON PROTECTIVE POLICY Article 31. Establishment of Common External Tariff 32. Operation of the Common External Tariff 33. Treatment of Imports from Third Countries 34. External Trade Policy Chapter V ESTABLISHMENT SERVICES AND MOVEMENT OF CAPITAL Article 35. Establishment 36. Right to Provide Services 37. Movement of Capital 38. Saving in Respect of Movement of Persons Chapter VI COORDINATION OF ECONOMIC POLICIES AND DEVELOPMENT PLANNING Article 39. Consultation on Economic Policies 40. Harmonisation of Fiscal Incentives 41. Intra-Regional and Extra-Regional Double Taxation Agreements 42. Harmonisation of Laws 43. Monetary, Payments and Exchange Rate Policies 44. Ownership and Control of Regional Resources 45. Coordination of National Development Planning 46. Common Market Industrial Programming 47. Joint Development of Natural Resources 48. Marketing or Agricultural Products 49. Rationalisation of Agricultural Production 50. Cooperation in Tourism Chapter VII SPECIAL REGIME FOR THE LESS DEVELOPED COUNTRIES Article 51. Purposes of the Chapter 52. Import Duties, Revenue Duties and Internal Taxation 53. Common Market Origin 54. Harmonisation of Fiscal Incentives 55. The Common External Tariff and Common Protective Policy 56. Promotion of Industrial Development in the Less Developed Countries 57. Government Aids 58. Public Undertakings 59. Financial Assistance from More Developed Countries 60. Use of Technological and Research Facilities in More Developed Countries 61. Additional Special Arrangements for Belize 62. Review of Mechanisms for the Less Developed Countries Chapter VIII GENERAL AND FINAL PROVISIONS Article 63. Legal Capacity 64. Privileges Immunities 65. Accession 66. Amendments 67. Recognition of Existing Integration Arrangements Within the Common Market 68. Participation in Other Arrangements 69. Withdrawal 70. Relations With Other States and International Organisations 71. Transitional Provisions 72. Associate Membership 73. Status of Schedules SCHEDULES I. Products Excluded From the Annex to the Treaty in Pursuance of Contractual Obligations in Member States II. List of Conditions to be Complied with as Provided Under Article 14 of the Annex to the Treaty and the Rules Regarding Common Market Origin Appendix to Schedule II - The List III. Reserve List Applying to the Less Developed Countries IV. Transitional Arrangements for the Removal of The Protective Element in Revenue V. List of Products on which Member States may Maintain Export Duties VI. List of Government Aids VII. Marketing Arrangements for Unrefined Cane Sugar VIII. Marketing Arrangements for Selected Agricultural Products Appendix to Schedule VIII - Selected Agricultural Products IX. Marketing of Oils and Fats Products Appendix to Schedule IX - Substitutes Appendix to Schedule IX - Ancilliaries X. Protection of Guyanese Petroleum Products XI. Special Arrangements for Belize SCHEDULE TO THE TREATY FINAL ACT AGREEMENT ESTABLISHING THE COMMON EXTERNAL TARIFF FOR THE CARIBBEAN COMMON MARKET Continue on to Preamble