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 and/or capital:
“Democracy shows not only its power in reforming governments, but in regenerating a race of men—and this is the greatest blessing of free governments.”
—Andrew Jackson (1767–1845)
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