Approving the report 'Towards a Single Development Vision and the Role of the Single Economy,' (formerly entitled 'Towards a Single Economy and a Single Development Vision'), the CARICOM member states agreed that the preparation of a Strategic Development Plan based on the revised Vision Report should be completed by June 2008.

Since the enactment of the Revised Treaty of Chaguaramas into domestic law and the declaration of the Single Market Compliance gave Community nationals rights and legitimate expectations of benefits, the Conference urged Member States which had not fully implemented the provisions of the Revised Treaty to fulfill their obligations.

The Conference remained engaged with Montserrat regarding its participation as a full partner in the CSME, and agreed to seek to enable that participation, as Montserrat completes the appropriate deliberations with the UK.

The Conference engaged stakeholders under the umbrella of the recently constituted Caribbean Business Council. It called on the Council to engage the Conference in a mature partnership, in which the Council created the infrastructure and acquired the capabilities needed for research and provision of advice on the various components of the Single Economy including policy, legal arrangements, institutions and programmatic interventions.

The Conference looked forward to the completion of all necessary requirements in order to meet the commissioning date of 30 November 2007, for the Community’s Competition Commission.

The Conference approved the Draft Policy Guidelines for operating the CARICOM Development Fund (CDF) and also approved the Legal Framework and Rules of the Fund. Further work was mandated concerning the structuring of the proposed Regional Development Agency to include the Fund and its strategic functions.

The Conference also requested that the Resource Mobilisation Task Force address the issues related to the capitalisation of the CDF.

The Conference mandated the Secretariat to work with private sector organisations and support institutions to identify ways in which they could intensify the scope and thrust of their operations, in keeping with the objectives of Chapter 7 of the Revised Treaty.

The Conference reiterated its commitment to the Free Movement of Community nationals.

The Conference further requested a study of the movement of skilled persons, in order to guide the future operations of the free movement regime and to ensure that CARICOM citizens are assured of a harmonised application of the regime.

The Conference finally agreed that CARICOM nationals should be allowed an automatic six month stay on arrival in another CARICOM Member State. Antigua and Barbuda entered a reservation with regard to this.