Table 6.1
Selected Intergovernmental Organizations in the Western Hemisphere

Organization Year Established Member States Key Objectives
Caribbean Community (CARICOM) 1972 Antigua and Barbuda, the Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint Lucia, St. Kitts and Nevis, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago
(Associate Members: Anguilla, Bermuda, British Virgin Islands, Cayman Islands, Turks and Caicos Islands)
  • To improve standards of living and work
  • To achieve full employment of labor
  • To achieve sustained economic development and international competitiveness
Central American Integration System (SICA) 1993 Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama (Associate Member: Dominican Republic)
  • To establish regional peace, political freedom, democracy and economic development
North American Free Trade Agreement (NAFTA)* 1994 Canada, Mexico, United States
  • To eliminate barriers to trade and investment between member states
Union of South American Nations (UNASUR) 2004 Argentina, Bolivia, Chile, Colombia, Ecuador, Guyana, Paraguay, Peru, Suriname, Uruguay, Venezuela
  • To unite two existing customs unions, Mercosur and the Andean Community
  • Ultimately to form the United States of South America, with a common currency, tariff-free common market, and regional parliament

*NAFTA has discussed incorporating greater integration measures in the future but currently is not equivalent in function or scope to the other international organizations shown in Table 6.1.