Archive for March 1st, 2012

CARICOM over-ambitious, needs to prioritise – Secty. General

CARICOM over-ambitious, needs to prioritise – Secty. General

(Demerara Waves) – February 29, 2012

CARICOM Secretary-General (SG) Irwin La Rocque says the region has been overly-ambitious in its integration targets and that the 2015 deadline to achieve the framework of a Single Economy is unattainable.

He made the comment on Wednesday at a business luncheon hosted by the Guyana Manufacturing and Services Association (GM&SA). Those in attendance included top diplomatic envoys from the United States, Canada, Britain and the European Union. Others included Suriname’s Ambassador to Guyana, Manorma Soeknandan and the Director General of Guyana’s Foreign Affairs Ministry, Ambassador Elisabeth Harper.

LaRocque noted that the CARICOM Single Market and Economy (CSME) was launched in 2006 and a year later it was announced that by 2015 the framework of a fully functional Single Economy, including a single currency would be in place. Continue reading