Name of Organization: CARIFTA Group Members: Arianne Gillett, Niara Williams, Sharicah Ortega, Lennae Bowman, Kaliyah Samuels Class: 2GL Date of Presentation: 3/2/2022

Name of Organization: CARIFTA Group Members: Arianne Gillett, Niara Williams, Sharicah Ortega, Lennae Bowman, Kaliyah Samuels Class: 2GL Date of Presentation: 3/2/2022.

CARIFTA. Logo, company name Description automatically generated.

The Caribbean Free Trade Association (CARIFTA) was founded on December 15, 1965 With the signing of the Dickenson Bay Agreement Antigua and Barbuda, Barbados, Guyana, and Trinidad and Tobago established the Caribbean Free Trade Association (CARIFTA) (the Agreement establishing the Caribbean Free Trade Association). In 1973 CARIFTA ended..

The new Carifta agreement went into effect on May 1, 1968, with Antigua, Barbados, Trinidad & Tobago, and Guyana as signatories. The original goal of allowing all territories in the region to join the Association was realized later that year, with Dominica, Grenada, St. Kitts/Nevis/Anguilla, Saint Lucia, St. Vincent ,Jamaica and Montserrat joining on August 1, 1968. In May 1971, British Honduras (Belize) became a member..

The main goals of CARIFTA was to promote intra-regional trade, where a group of countries decide to eliminate tariff and non-tariff barriers to trade among themselves which is known as a free trade area. CARIFTA was to promote co-operation among its members, to ensure that the benefits of integration are equally distributed. As well as to co-ordinate foreign policies. CARIFTA was also to diversify trade, which is known as expanding the variety of goods, and services available for exchange..

CARIFTA was created to encourage balanced growth of the region by increasing trade, diversifying trade , etc. which are benefits of being a member. Increasing Trade: When Member States can buy and sell more goods amongst each other . Diversifying Trade: This is when the variety of goods and services available are expanding and evolving to create more opportunities for the members. CARIFTA aids in promoting economic integration and cooperation among its members..