Leaders from around the Organisation of East Caribbean States (OECS) was recently in St. Kitts/Nevis to officially append their signatures to documents intended to transform the OECS into an Economic Union in the effort to deepen integration between the participating countries, and has the potential to bring together a group of very small countries.
Advertised as the financial saviour of the OECS, especially now, when countries like ours need to come up with creative ideas to keep their economies afloat.
The Union presents an opportunity to pool resources as far as the best financial minds and a way forward in these Unfathomable Times. This a great opportunity presented for an exchange of data and other information leading to the transformation of the islands as a unit and as individual territories as well.
But why get involved in any situation when one stands to lose much more than it can gain? Our leaders believe they have to preserve what maintains in the OECS, in their wisdom, sought to determine that is best for the people, and we must give them every opportunity to try and make the union work for once it does, the benefits will certainly be felt here in Dominica and in the wider Caribbean.
What are your thoughts on the newly established OECS Economic Union? Let us know in the comments.