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The OECS

Hon. Lester Bird

 

Hon. Eugenia Charles

 

Hon. Maurice Bishop

 

Hon. Franklyn Margetson

 

Hon. Kennedy Simmons

 

Hon. Winston Cenac

 

 

Hon. Hudson Tannis

Antigua and Barbuda

 

Dominica

 

Grenada

 

 Montserrat

 

St Kitts and Nevis

 

St Lucia

 

St Vincent and the Grenadines

 

Treaty of Basseterre Signatories:

Organistion of Eastern Caribbean States (OECS) logo.

What is The OECS?

The Organization of Eastern Caribbean States (OECS) came into being on June 18th 1981, when seven Eastern Caribbean countries signed a treaty agreeing to cooperate with each other and promote unity and solidarity among the Members. The Treaty became known as the Treaty of Basseterre, so named in honor of the capital city of St. Kitts and Nevis where it was signed.

 

Following the collapse of the West Indies Federation, and prior to the signing of the Treaty of Basseterre, two caretaker bodies were created: the West Indies Associated States Council of Ministers (WISA) in 1966 and the Eastern Caribbean Common Market (ECCM) in 1968.

 

As the islands gained their independence from Britain it became evident that there was need for a more formal arrangement to assist with their development efforts. So it was that the OECS was established. The WISA Secretariat became the central secretariat of the OECS and the ECCM, the Economic Affairs Secretariat.

 

In mid 1997, as a result of restructuring of the organization the Economic Affairs Secretariat was merged into and became a Division of the OECS Secretariat in St Lucia. The OECS is now a nine member grouping comprising Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, St Kitts and Nevis, St Lucia and St Vincent and the Grenadines. Anguilla and the British Virgin Islands are associate members of the OECS.

Revised Treaty of Basseterre Establishing the OECS Economic Union.

 

The Revised Treaty was signed on June 18th, 2010 in St. Lucia, during the 51 Meeting of the Authority of Heads of Government of OECS Member States. 

 

The Treaty establishes the OECS economic union, making possible the creation of a single financial and economic space within which goods, people and capital move freely, monetary and fiscal policies are harmonized and countries continue to adopt a common approach to trade, health, education and environment, as well as to the development of such critical sectors as agriculture, tourism and energy.Significantly, the Treaty paves the way for the introduction of legislative competence at the regional level, so that Member States of the Organization act in concert to develop and enact legislation in certain areas specified in the Treaty.

Structure & Organization

The OECS is administered by a Central Secretariat located on Morne Fortune, Castries, Saint Lucia. The Secretariat is headed by the Director General who is responsible to the Authority. Over the years several subsidiary and autonomous institutions have been created.

 

The Islands share a single currency, the Eastern Caribbean Dollar ($2.70 ECD = 1 USD). The operation of the currency is overseen by the Eastern Caribbean Central Bank, the monetary authority for the seven OECS governments and the government of Anguilla (The British Virgin Islands uses the US Dollar as their de facto currency).

 

The Islands also share a common Supreme Court: The Eastern Caribbean Supreme Court, with its two divisions, the High Court and the Court of Appeal. The Supreme Court is headed by the Chief Justice. High Court judges are based in each Member State, but the judges of the Court of Appeal are resident in Saint Lucia and travel to each territory to hear appeals from the High Court. Final appeals go to the Privy Council in the UK.

 

Mission and Objectives

The Mission of the Organization of Eastern Caribbean States is to be a Center of Excellence contributing to the sustainable development of OECS Member States by supporting their strategic insertion into the global economy while maximizing the benefits accruing from their collective space
 
The Organization's Objectives
 
As set out in the Treaty of Basseterre:
 

  • To promote co-operation among the Member States and the regional and international level;

  • To promote unity and solidarity among the Member States and to defend their sovereignty, territorial integrity an independence;

  • To assist the Member States in the realization of their obligations and responsibilities to the international community with due regard to the role of international law as a standard of conduct in their relationships; 

  • To seek to achieve the fullest possible level of harmonization of foreign policy among the Member States; to seek to adopt, as far as possible, common positions on international issues and to establish and to maintain wherever possible, arrangements for joint overseas representation and/or common services; 

  • To promote economic integration among the Member States 

  • To pursue these purposes through its respective institutions by discussion of questions of common concern and by agreement and common action.

 

Member States

The OECS is a nine member grouping comprising Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, St Kitts and Nevis, St. Lucia and St Vincent and the Grenadines. Anguilla and the British Virgin Islands are associate members of the OECS.

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