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Address By Prime Minister Allen Chastanet, Chairman of the OECS

Image of Prime Minister and Minister for Finance, Economic Growth, Job Creation, External Affairs and the Public Service, Allen Chastanet

OECS Turns 36.

PRESS RELEASE – FELLOW citizens of the OECS, June 18, 2017 marks the 36th anniversary of the establishment of the Organisation of Eastern Caribbean States (OECS). I am honoured at this time to assume the chairmanship of this organisation which has had numerous achievements over the course of its existence.

Our grouping of tiny States has against all odds successfully established the Eastern Caribbean Central Bank, Eastern Caribbean Supreme Court, Eastern Caribbean Civil Aviation Authority and the Eastern Caribbean Telecommunications Authority.

We have a mechanism for joint procurement of pharmaceuticals in the form of the Pharmaceutical Procurement Services Unit. In our diplomatic relations, we benefit from joint representation to the European Union and share a technical mission in Geneva which represents our interests in the WTO.

We established the Eastern Caribbean Common Market and have developed and effected joint policies in such areas as trade, foreign affairs, education, human and social development and environmental management.

We approach together our participation in various regional and international arrangements, including the Caribbean Community (CARICOM), the Association of Caribbean States (ACS), the United Nations (UN) as well as its specialised agencies.

In January 2011, the entry into force of the Revised Treaty of Basseterre paved the way for deeper integration through the formation of an Economic Union. This bold venture reconfigures OECS Member States into a single financial and economic space, characterised by the free movement of people, free circulation of goods, unfettered movement of capital and the right to provide services and establish businesses throughout the Economic Union.

Of these new undertakings, we have in recent times made significant strides in securing freedom of movement for our citizens and work continues on the elaboration of the other aspects of the Economic Union regimes, as well as the pursuit of functional cooperation arrangements and membership expansion under the Revised Treaty.

While we take pride in these achievements and in the pace of our integration movement generally, we cannot rest on our laurels. The international environment in which we operate is constantly evolving and, consequently, we must direct our collective future effort towards addressing head-on the novel challenges which this presents.

Our Member States rank among the smallest countries in the world and we are no strangers to the vulnerability and external shocks. This notwithstanding, the OECS celebrates its 36th anniversary at a time when the world is in a particularly heightened state of flux and unpredictability is the order of the day. One of the consequences of globalisation is that today we are much less insulated from the impact of world events.

In our quest for development and the modernisation of our societies, we have to navigate difficult, sometimes hostile, terrain. The Revised Treaty of Basseterre provides us with the means to do so by way of deeper economic integration and more extensive functional cooperation.

At this juncture, not only must we give more focused attention to implementation of that contract, but we must do so in a manner which is strategic, innovative and fearless. As individual citizens and as a community of nation states and territories, we must leverage this integration movement to tackle our problems of high indebtedness, low employment, poverty, crime and security, climate change, food security, health related challenges, inactivity in our private sector and adverse conditions of trade and international commerce.

In our international relations, we are witnessing changes in the administration of some of our traditional partners, of note being the United States, United Kingdom and France. Moreover, the United Kingdom, a strong Caribbean partner, will be withdrawing from the European Union at a time when our Member States will be involved in negotiating a successor to the Cotonou Agreement which has governed development cooperation between the European Union and the African, Caribbean and Pacific Group of States since 2000.

In this climate of uncertainty, the OECS is called upon to re-engage our partner countries and organisations in an attempt to secure the continuation of our long-established relationships and to deepen existing bonds in mutually beneficial ways. At the same time, we recognise that we must assert ourselves internationally and extend our diplomatic outreach to new partners who pursue common objectives and adopt principles which are consistent with those of the OECS. In all instances, we must ensure that we design new partnership arrangements which take cognizance of our peculiar characteristics and needs as small island developing states.

With respect to the environment, we face a myriad of challenges which are linked to climate change and which threaten our very existence as countries. We witness the continued rise in temperatures and sea levels, unprecedented rainfall patterns, more intense storms and drought conditions. Combatting climate change and increasing our resilience must, therefore, be high on the agenda of the OECS.

Security is yet another major concern for our region. While integration and the free movement of people, capital and goods may foster economic gain, they also have the potential to increase our vulnerability. We must work to enhance the security of our single space, to combat cross-border crime and to guard against the threat posed by the spread of intolerance and extremism.

In all of our responses, the development of our people is pivotal. Our citizens should be able to function as social and economic actors within a truly single OECS space and to use that area to launch themselves into the international arena. In order to achieve this, singular effort must be made to design education systems which support market demands, which maximize the use of modern technologies and which, ultimately, produce wholesome OECS citizens.

The landscape is perpetually shifting. In order to remain relevant, the OECS must be anticipatory and nimble, furnishing Member States with the mechanisms for growth and sustained development which, individually, they cannot provide for themselves.

Fellow citizens, as we move forward with our integration agenda, we encourage everyone to be full participants and owners of our OECS. Through our joint efforts, we can consolidate our Economic Union’s achievements, elaborate on the legal and institutional architecture necessary for people and businesses to move freely, for ideas to co-mingle and cross fertilise, for innovation to flourish and — in the language of the Revised Treaty of Basseterre — for the OECS to “build on our common history for the benefit of our peoples”.

We must act now. We must act decisively.

I salute you all and pray for God’s blessings and guidance for a productive year ahead.

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