Established in 1973, the Caribbean Community (or Caricom for short) is pretty much an EU-style organization for all Caribbean countries. Currently, they are launching some ambitious projects, like a Caricom Single Market and Economy. Currently, Mexico (accent removed to appease Thande) is an observer of Caricom. But WI Mexico decided to take the plunge and become a Caricom member?
WI Mexico is in Caricom?
- Thread starter Dan1988
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Thande
Donor
Would this require Mexico's withdrawal from NAFTA, or would it be possible to be a member of both clubs?
Thande
Donor
Aye, but it seemed to me that the mood at the recent NAFTA summit in Canada was in favour of a move towards further NAFTA economic integration, and Calderon seemed to support it.
I think there may come a time in a few years when either membership of the two clubs will be mutually exclusive, or else they'll merge.
THe decision on that matter likely lies with Washington. If the USA are fine with effectively including the Caribbean in NAFTA (Mexico being a member of both would mean that goods will flow freely, nobody has any illusions about the efficacy of its regulatory regime), it will be possible, no matter the political implications. If not, Mexico will have to choose, and given the comparative value of trade and immigration, I doubt it will take CARICOM ver NAFTA.
It would be interesting for the Caribbean in political terms, though. I believe Mexico's population and GDP outweighs not only every single Caribbean state, but all of them combined.
hmmm.. Venezuela has observer status, too. Maybe if Chavez wants to go in and the Mexican government tries to forestall what would effectively be a hostile takeover?
It would be interesting for the Caribbean in political terms, though. I believe Mexico's population and GDP outweighs not only every single Caribbean state, but all of them combined.
hmmm.. Venezuela has observer status, too. Maybe if Chavez wants to go in and the Mexican government tries to forestall what would effectively be a hostile takeover?
Thande
Donor
Not necessarily - Chavez started his first revolutionary movement in 1983 and is likely to try and launch a coup regardless of other events. Whether he'll actually eventually become President, by democratic or other means, is another question.
And NAFTA, wouldn't it? Interesting. Might Mexico's membership in CARICOM affect its future trade relations with the USA? Or do the CARICOM members just come along as de-facto NAFTA appendages?
Mexico has observer status in Caricom according to Wiki, but as a full member, Nexico would clearly dominate the group. Perhaps a POD would be the failure of the NAFTA treaty to be ratified in the U.S.?
Well IIRC the original free-trade agreement was between Canada and the US (merci, Mulroney
). It was the PRI regime that wanted Mexico to be included.Well IIRC the original free-trade agreement was between Canada and the US (merci, Mulroney
Those were two separate agreements.
Mexico's an observer in CARICOM, and several Unasul nations also have observer status.
Maybe Mexico joining CARICOM could trigger a move to fuse the two organizations--an earlier FTAA?
Maybe Mexico joining CARICOM could trigger a move to fuse the two organizations--an earlier FTAA?