Tap into our judicial services – CCJ President tells private sector
3 August, 2018 (Guyana Chronicle) – PRESIDENT of the Caribbean Court of Justice, Adrian Saunders has urged the local private sector to tap into the judicial services provided by the CCJ to ensure their rights under the Revised Treaty of Chaguaramas (RTC) are protected.
Speaking at a Guyana Manufacturing and Services Association (GMSA) Business Luncheon at the Pegasus on Thursday, Justice Saunders said only a few companies and individuals have taken their cases to the CCJ under the RTC despite the provisions catered for under Article 222.
He said the CSME, which was established on the RTC, fully recognises “the potential of micro, small and medium enterprises to contribute to the expansion and viability of national economies of the Community and the importance of large enterprises for achieving economies of scale in the production process”.
As the guardian of the Treaty, the CCJ is crucial to the success and survival of the free trade area, Justice Saunders said. “The CSME rests upon the principle that the free movement of capital, people, services and enterprise between CARICOM states, will lead to a situation in which various contributors in the economic sphere, can maximise their talents and resources, thereby leading to greater efficiency and increased profits and prosperity throughout the region. This single economic space will create investment opportunities, for companies and businesses.
“The CCJ through its interpretation and application of the RTC is therefore the hub around which the CSME would develop into a rule-based system that citizens, companies, investors etc. may make reference to in order to determine their rights and responsibilities under the RTC,” he told those present.
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