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 struck the board, and cried, “No more.
I will abroad.”
What? Shall I ever sigh and pine?
My lines and life are free; free as the road,
Loose as the wind, as large as store.
Shall I be still in suit?”
—George Herbert (1593–1633)
“I invented the colors of the vowels!—A black, E white, I red, O blue, U green—I made rules for the form and movement of each consonant, and, and with instinctive rhythms, I flattered myself that I had created a poetic language accessible, some day, to all the senses.”
—Arthur Rimbaud (1854–1891)
“That monstrous tuberosity of civilised life, the capital of England.”
—Thomas Carlyle (1795–1881)