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Call made for reform of Caricom institutions

By JAMAICA OBSERVER

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CHASTANENT… do we believe that all our citizens or even the majority are satisfied?

(JAMAICA OBSERVER) — Caribbean Community (Caricom) leaders began there annual summit here on Wednesday with the incoming chairman, Allen Chastanet, calling for a critical analysis of the 15-member regional grouping.

Chastanet, the host prime minister, said at the opening ceremony that “can we say we are satisfied with our current status? Do we believe that all our citizens or even the majority are satisfied? Are we pushing ourselves hard enough?”

He said as elected leaders, they must be prepared to rise to these challenges and like their forefathers must inspire Caribbean citizens by finding the solutions to counteract the threats faced by the region.

He said this would require regional leaders to be creative, courageous, and unified at all levels.

“As brilliant as the institutions we established as Caricom were in their time, given the changes in the world we must now reform these institutions to respond to the new normal so that they can continue to serve our region and its citizens.

“Let us not put off for tomorrow what we must do today. How much longer must we ponder the need for a strong regional security force? Do we expect criminals to respect our individual sovereignty?

We already took steps to have a regional court. Let’s finish the job.
“How many more studies do we need to confirm the justification for regional health care? The lack of an effective regional transportation policy is crippling our economies. The impact of de-risking, and the withdrawal of international banks have created the urgent need for greater integration of our central banks and continued harmonisation of our financial regulations.”

Chastanet said that these are some obvious areas that urgently need leadership and a unified approach.

He said over the last few years, from climate change concerns, to championing the rights of the Windrush generation, to fighting for tax justice and fiscal sovereignty, the region has had to let the world know, “we are here and we will be heard.

“These and other issues require us as Caricom and as small island developing states to make some bold choices to secure our mere existence,” Chastanet said, adding that he was pleased to be chairing the regional integration grouping “at a very critical time in the life of this region”.

He added: “At a time when we can truly show the strength in our united front on key international issues. A time when we can once again, through our actions, inspire the people of the region and remind them of the necessity of Caricom. A time when we can reflect on each other’s individual successes and our collective achievements.”

He said the recent election of St Vincent and the Grenadines as a non-permanent member of the United Nations Security Council is yet another example of what can be achieved once there is firm resolve.

“All of Caricom rejoices in this triumph; recognising that this is a golden opportunity for St Vincent and the Grenadines to take on board the calls for reforms at the UN body,” he said. He recalled that when St Lucia was elected president of the UN General Assembly in 2003, it received invaluable support from other Caricom countries in maintaining that office.

“Understanding the importance of this new development, St Lucia has pledged a contribution to St Vincent and the Grenadines in maintaining and funding the office. I am sure my colleague prime ministers will not mind my saying that although this seat was won by St Vincent, it is also a Caricom success and we are behind you 100 per cent. Hence, I call on members to also pledge their support to St Vincent in maintaining this office and ensuring a successful tenure.”

In his wide-ranging speech, Chastanet said that the issue of Europe blacklisting Caribbean countries as tax havens shows that the EU has been “targeting us as individual countries and we as Caricom missed the initial opportunity to respond jointly”.

But, he insisted, “it is not too late” and the question now “is, how do we as developing countries meet the requirements of a just tax regime while maintaining our fiscal sovereignty.

“We must as a region be committed to a high standard of governance, but this cannot cross the line and infringe on our competitiveness. As a region we should rebel against the use of a blacklist that permanently damages our reputations. There is absolutely no justification for this methodology.”

He said also the “lingering uncertainty over Brexit” is another matter that will continue to concern the region in the coming months.

“We must begin to view this as an opportunity.On the one hand, we will have to work as a unified bloc to strengthen our historic relationship with the UK. We must also now work equally hard to formulate a renewed relationship with Europe.”

Chastanet said that during the deliberations here, it is important to remember that the region is into the hurricane season and that the evidence has shown that climate change fuels increasingly destructive super storms, as had been the case two years ago when hurricanes Maria and Irma passed through the Lesser Antilles.

He said in fighting the effects of climate change, the region would also need to depend heavily on the international community for assistance and support.

But he said that the last two years have taught the Caribbean that the countries that are the greatest emitters and the cause of the current plight, are not sufficiently willing to compensate for the damage that is being done.

“Despite our best efforts they have deliberately not amended international economic protocols to even allow us to make the necessary investments in building resilience. We have to urgently look for more immediate and innovative ways to solve our problems.”

Chastanet said he was looking forward to presenting in more detail the plans for the creation of the region’s own resilience foundation, and seek the support and endorsement of Caricom during the meeting here.

He said, among the other issues expected to engage the regional leaders during the three-day summit is the consideration of new measures to enhance the Caribbean Single Market and Economy (CSME) which allows for the free movement of goods, skills, labour, and services across the region.

“I believe that we are well on our way to reinvigorate the CSME. I especially want to reaffirm and fully endorse the decision to include the private sector in a more meaningful way and the plan to create a regional chamber of commerce.”

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This article was posted in its entirety as received by stlucianewsonline.com. This media house does not correct any spelling or grammatical error within press releases and commentaries. The views expressed therein are not necessarily those of stlucianewsonline.com, its sponsors or advertisers.

2 comments

  1. All speech and no strategy.

    (1)(0)
  2. Short on specifics and not developmental enough in terms of the formation of human capital, regionally. Too wide-ranging. Leave a lasting legacy. Aim to accomplish just one very significant thing, rather than tackle all the things that seem to ail us at this time.

    (3)(0)

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