Free Movement of Capital
The free movement of capital involves the elimination of the various restrictions such as foreign exchange controls and allowing for the convertibility of currencies (already in effect) or a single currency and capital market integration via a regional stock exchange. The member states have also signed and ratified an Intra-Regional Double Taxation Agreement.
Read more about this topic: CARICOM Single Market And Economy
Famous quotes containing the words free, movement and/or capital:
“I know you not, this room never,
the swollen dress I wear,
nor the anonymous spoons that free me,
nor this calendar nor the pulse we pare and cover.”
—Anne Sexton (1928–1974)
“You watched and you saw what happened and in the accumulation of episodes you saw the pattern: Daddy ruled the roost, called the shots, made the money, made the decisions, so you signed up on his side, and fifteen years later when the women’s movement came along with its incendiary manifestos telling you to avoid marriage and motherhood, it was as if somebody put a match to a pile of dry kindling.”
—Anne Taylor Fleming (20th century)
“Bob, it’s the second night of violence in this normally quiet, yet generally swinging, Casino Capital of the East.”
—John Guare (b. 1938)