What are the three main objectives of CARICOM?
What are the three main objectives of CARICOM?
CARICOM’s main purposes are to promote economic integration and cooperation among its members, to ensure that the benefits of integration are equitably shared, and to coordinate foreign policy.
What are 4 objectives of CARICOM?
The main objectives of the CSME are: full use of labour; full exploitation of the other factors of production; competitive production leading to greater variety; quality and quantity of goods and services, thereby providing greater capacity to trade with other countries.
What is the goal of the country towards science and technology?
Science and technology are expected to play a vitally important role in ensuring national security and social stability. In the past, technological progress made only a minor contribution to the growth of national income, and this should be changed.
What are the four pillars of CARICOM?
CARICOM rests on four main pillars: economic integration; foreign policy coordination; human and social development; and security.
What are the objectives of the OECS?
The Organization of Eastern Caribbean States (OECS) was established in 1981 when the Treaty of Basseterre was signed. The primary objectives of this inter- governmental organization are to promote cooperation, harmonization, and integration among its Member States.
What are the main objectives of the CSME?
The main objectives of the CSME are: full use of labour (full employment) and full exploitation of the other factors of production (natural resources and capital); competitive production leading to greater variety and quantity of products and services to trade with other countries.
What are the 5 importance of science and technology?
It helps us live a better life – While science has made significant contributions in health by providing treatment for various chronic diseases, technology has benefited us in receiving those treatments through various ways and devices like X-ray, scan machines, operation devices, pacemaker and much more!
What is the importance of science and technology in national development?
Science and Technology hold the key to the progress and development of any nation. Technology plays a Fundamental role in wealth creation, improvement of the quality of life and real economic growth and transformation in any society.
What are the achievements of CARICOM?
“Our CARICOM has chalked up impressive achievements in its four pillars of integration: functional cooperation, coordination of foreign policy, security collaboration, and economic integration, including Single Market trading arrangements.
What is the meaning of CARICOM?
The Caribbean Community and Common Market
The Caribbean Community and Common Market (CARICOM) is a regional group of nations that encourage common policy and economic goals. The CARICOM was formed in 1973 and consists of 20 nations, including 15 full-time members and five associate members. 1.
What are the five sections of OECS?
Strategic Priorities.
What is the long term goal of the OECS?
Achieve and sustain a level of economic growth that is sufficient to reduce the rate of unemployment. A1 Unemployment Target: Reduce the rate of unemployment by at least 25 per cent in 10 years. achieve by 2024 an unemployment rate that is three quarter (¾) of the rate in 2014. stabilizing the unemployment rate.