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Lester Bird Extols The Virtues Of The CSME

by Amanda Banks, Tax-News.com, London

29 August 2003

In a speech supporting the Caribbean Single Market Economy (CSME), Prime Minster of Antigua and Barbuda Lester Bird has urged other states in the region to embrace the economic union and the economies of scale it will bring.

Speaking earlier this week at the opening of a two-day conference on 'Antigua and Barbuda's Obligation Under the Caribbean Single Market and Economy' attended by the Assistant Secretary General of the Caribbean Community and his team, Bird warned: "We cannot continue to operate as small micro states whose economies of scale are minimal. We have to expand the economic space and give ourselves the opportunity to create markets which will allow us to be competitive."

"We have nothing to sell to the Americas unless we begin at home and create the competitive products that will allow us to operate within the larger area," he added refering to the ongoing negotiations towards the Free Trade Of the Americas agreement.

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