Barbados Prime Minister, Mia Mottley has underscored the importance of the regional private sector becoming a type of associate institution of CARICOM, saying it would be good for the Caribbean.

Prime Minister Mottley expressed this view recently when she met at Ilaro Court with the Regional Private Sector’s Chief Executive Officers to discuss the establishment of a regional body and implementation of the CARICOM Single Market and Economy (CSME).

The Prime Minister said it was ironic that after more than four decades of CARICOM’S existence, formal steps were now being taken “assiduously” to ensure the labour movement and the regional private sector’s formal participation in the regional organisation.

She indicated that when she met in Port-of-Spain last year, it was impossible for them to see the growth of the regional economies and the creation of a single economy without understanding how best they can work with the regional entities.

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