Website of the Secretariat of the Caribbean Community (CARICOM). Available from www.caricom.org/. Caribbean Free Trade Association (CARIFA) Available from www.caricom.org/jsp/community/carifta.jsp?menu=community. CARICOM was founded in 1973 after the founders promulgated the Treaty of Chaguaramas. The Caribbean Community and the Common Market were created to replace the Caribbean Free Trade Area, which had not fulfilled its mission of developing a policy on labour and capital in the region. Headquartered in Georgetown, Guyana; CARICOM is the oldest «alliance» in the Caribbean and the independent governing body of colonial rule. However, few people know this, or what he does – although he is involved in almost every aspect of the Caribbean. Henderson`s first official performance of Celebrating CARICOM took place on Tuesday 1st. July 2014 at the opening ceremony of the thirty-fifth regional meeting of the Conference of Heads of Government in Antigua and Barbuda.  The flag of the Caribbean Community was chosen and approved in November 1983 at the Conference of Heads of Government in Port of Spain, Trinidad.
The original design of the WINART studies in Georgetown, Guyana, was fundamentally changed at the meeting of the Conference of Heads of Government in July 1983.  The flag was first raised on July 4, 1984 in Nassau, Bahamas, during the fifth session of the Conference of Heads of Government.  CARICOM was established on July 4, 1973 with the signing of the Treaty of Chaguaramas by Prime Ministers Errol Barrow for Barbados, Forbes Burnham for Guyana, Michael Manley for Jamaica and Eric Williams for Trinidad and Tobago. The Caribbean Community and the Common Market (CARICOM) consist of twenty countries. Fifteen of these countries are full members of the Community, while five of them retain only associate membership. The fifteen full-time countries are as follows: in this way, CARICOM proved that its economic platform had social responsibility, responsibilities that would affect each country in the same way, and its collective goals as an alliance. See also Economic Development; Economic integration. COMMUNIQUÉ ISSUED AT THE CONCLUSION OF THE EIGHTEENTH SESSION OF THE HUMAN AND SOCIAL DEVELOPMENT BOARD (COHSOD) – EDUCATION AND HEALTH, 3RD-4TH SESSION OF THE HUMAN AND SOCIAL DEVELOPMENT BOARD (COHSOD). JUNE 2009, MONTEGO BAY, JAMAICA Recognizing that the Caribbean is facing a changing global economy, including competition from Mexico and Asia and the disappearance of the preferred protocols on sugar, bananas, rum and a number of other traditional products, CARICOM States amended the Treaty of Chaguaramas to create the CARICOM Internal Market and the CARICOM Economy (CSME).
In 2007, it was still a work in progress, but its official objectives were to «enable CARICOM goods, services, people and capital to circulate throughout the Caribbean community without tariffs and restrictions to reach a single major economic area» (CARICOM website). The achievement of these goals will face two challenges: (1) the perception on the small islands of the Organization of Eastern Caribbean States that they are terribly disadvantaged and therefore in need of special allocations; and, more importantly, (2) the impatience of the more developed countries (i.e. Trinidad and Tobago and Jamaica), which leads them to conclude bilateral national agreements that violate the agreements and arrangements of the CSME. . Functional cooperation has always been a quest for Caribbean countries in various conceptions. From the first efforts at political union that led to the creation of the Federation of the West Indies (1958), to the deeper and more structured commitment of the Caribbean Free Trade Association (CARIFTA) (1965) to a more sustainable level of regional integration through a Caribbean community (1973). The latter offered Member States the best prospects for the economic development of the Caribbean. CARICOM is based on four main pillars: economic integration; coordination of external policies;human and social development; and security. These pillars underpin the stated objectives of our Community. Currently, CARICOM has 15 full members, 5 associate members and 8 observers. All associate members are British Overseas Territories, and it is not currently clear what role associate members will play.
Observers are States that participate in at least one of the CARICOM technical committees. Although the group has close ties to Cuba, that nation was excluded due to the lack of a comprehensive democratic internal political agreement. [Citation needed] In 2017, the Bloc of the Republic of Cuba and the Caribbean Community (CARICOM) signed the «Trade and Economic Cooperation Agreement between LACOM and CUBA» in order to facilitate closer relations. CARICOM had accepted the Commission`s recommendations and had opened a dialogue with other Caribbean States, the Central American States and the Latin American countries, Colombia, Venezuela and Mexico, bordering the Caribbean, in order to consider the proposals of the Caribbean Commission.  In 2001, the Heads of Government signed a revised Treaty of Chaguaramas, which paved the way for a CARICOM common market, favored over a single market and a single economy, in order to avoid the same burdens and failures that arrived in Trinidad and Tobago and Jamaica during the Federation of the West Indies. .