February 1999 Table
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Current Issue of The Abaco Journal
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AMBASSADOR SPEAKS TO JOURNAL
While on a private visit to Abaco with his family, High Commissioner to the Caricom
States and Ambassador to Suriname, Leonard Archer, took time out to speak with the
Abaco Journal about developments in the Caribbean area.
The 1973 Treaty of Chaguaramas, which forms the basis for the West Indies common market,
was undergoing revision. Instead of meetings of ministers as held in past years,
there would be five councils which would rationalise the number of future meetings.
The councils are: Foreign and Community Relations; Human and Social Development; Trade
and Economic Development; Finance and Planning; and the Community Council of Ministers.
Ambassador Archer told the Journal that The Bahamas was not yet a member of the common
market and a study would soon be made to investigate the pros and cons of membership.
A recent protocol, for instance, allows for the establishment of businesses in other common market countries and the right of those people responsible for a business
to reside and work in that country. The government would have to seriously assess
the impact of such protocols on the development of the country.
The Bahamas was also not a member of the World Trade Organisation and, again, a feasibility
study would soon be under way to assess eventual membership. The Bahamas does not
have a large traditional trading base but Ambassador Archer pointed out that trading services such as tourism and banking fall within the province of the WTO. The WTO
issues investment guarantees which provide security for developers and investors
in member countries. The Bahamas would be at a disadvantage if it could not issue
the same investment guarantees.
Progress towards the Free Trade Area of the Americas is also being monitored by government
both as a sovereign country and as a member of Caricom, which coordinates the positions
of sixteen West Indian countries. Several Bahamians head sections of the regional negotiating machinery, Ambassador Archer noted.
Leonard Archer grew up in Marsh Harbour and Coopers Town, where his father was the
Headteacher, and received his teacher training at Redlands College in Bristol, England.
He taught in The Bahamas for 20 years and was very prominent in union activities
before moving on to the Ministry of Foreign Affairs.
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