Bermuda gets green light to seek full Caricom (Caribbean Community and Common Market) membership

robocall, 6 months ago

Would this help bring the price of food down in Bermuda?

livus, 6 months ago

I think it might. Caricom has a lot of bilateral trade agreements, including with some big food producers like India.

livus, 6 months ago

From the article:

The Deputy Premier acknowledged that Britain will have to be consulted before Bermuda can submit an application to Caricom, which is this year, observing its 50th anniversary.

“We are now researching and exploring all that is required to make a full application. The official discussions have begun with the United Kingdom as to whether an entrustment is required or merely an amendment to the existing entrustment,” Roban said....

“We are also consulting with other full members of Caricom about our future application to get feedback and guidance,” Roban said in his statement, adding that there would be “extensive” consultation with the public in order for “a fully informed and healthy discussion to be had with all interested parties.

“It is important that people be allowed to ask questions, participate in discussions, look at positives and negatives, and, importantly, to get the facts and answers they deserve. This is the environment that was created in 2003 before the application for Associate Membership was made. It will be done so again.”

“Once we receive further information such as the feedback required from the UK Government, Caricom Secretariat and other relevant organisations, the public will hear early in the new year about the public consultation process.”

Bermuda became an Associate Member in July 2003. It is one of five Associate Members of Caricom, the others being, Anguilla, the British Virgin Islands, the Cayman Islands, and the Turks and Caicos Islands