CARICOM - Caribbean Community and Common Market CHAPTER I PRINCIPLES ARTICLE 1 ESTABLISHMENT OF THE CARIBBEAN COMMON MARKET There is hereby established a Caribbean Common Market (hereinafter referred to as the 'Common Market') which shall have membership powers and functions hereinafter specified. ARTICLE 2 MEMBERSHIP (a) Membership of the Common Market shall be open to-- (i) Antigua (ii) Barbados (iii) Belize (iv) Dominica (v) Grenada (vi) Guyana (vii) Jamaica (viii) Montserrat (ix) St. Kitts-Nevis-Anguilla (x) St. Lucia (xi) St. Vincent (xii) Trinidad and Tobago (b) any other state of the Caribbean region that is in the opinion of the Conference of Heads of Government (hereinafter referred to as the 'Conference') mentioned in Article 6 of the Treaty establishing the Caribbean Community, able and willing to exercise the rights and assume the obligations of membership in accordance with Article 65 of this Annex. 2. States listed in paragraph l(a) of this Article the Governments of which are parties to the Treaty establishing the Caribbean Community (hereinafter referred to as the 'Treaty') shall become members of the Common Market. ARTICLE 3 OBJECTIVES OF THE COMMON MARKET The Common Market shall have as its objectives-- (a) the strengthening, coordination and regulation of the economic and trade relations among Member States in order to promote their accelerated harmonious and balanced development; (b) the sustained expansion and continuing integration of economic activities, the benefits of which shall be equitably shared taking into account the need to provide special opportunities for the Less Developed Countries; (c) the achievement of a greater measure of economic independence and effectiveness of its Member States in dealing with states, groups of states and entities of whatever description. ARTICLE 4 GENERAL UNDERTAKING AS TO IMPLEMENTATION Member States shall take all appropriate measures, whether general or particular, to ensure the carrying out of the obligations arising out of this Annex or resulting from decisions taken by the Organs and Institutions of the Common Market. They shall facilitate the achievement of the objectives of the Common Market. They shall abstain from any measures which could jeopardise the attainment of the objectives of this Annex. Continue on to Chapter II