CARICOM stands for Caribbean Community, which is an intergovernmental organization that is a political and economic union of 15 member states throughout the Americas and Atlantic Ocean. It was established by the English-speaking parts of the Caribbean and currently includes all the independent Anglophone island countries plus Belize, Guyana, and Montserrat, as well as all other British Caribbean territories and Bermuda as associate members. The organization became multilingual with the addition of Dutch-speaking Suriname in 1995 and the French and Haitian Creole-speaking Haiti in 2002.
CARICOMs main purposes are to promote economic integration and cooperation among its members, to ensure that the benefits of integration are equitably shared, and to coordinate foreign policy. Its major activities have centered on coordinating economic policies and development planning, and it also devises and institutes special projects for the less-developed countries within its jurisdiction. CARICOM has many institutions that carry out its objectives, including the CARICOM Private Sector Organization (CPSO), Caribbean Tourism Organization (CTO), and the CARICOM Development Fund (CDF) .
CARICOM has 15 full-time members and five associate members. The full-time members are Antigua and Barbuda, The Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname, and Trinidad and Tobago. The associate members are Anguilla, Bermuda, the British Virgin Islands, the Cayman Islands, and Turks and Caicos. The observers are states which engage in at least one of CARICOMs technical committees.
CARICOM has a Chairman of the Conference of Heads of Government of the Caribbean Community (CARICOM), but it does not have a president. The current Chairman is the Prime Minister of Antigua and Barbuda, the Hon. Gaston Browne.