Jamaica's Sanction Against Iran
Like many other countries, Jamaica imposed a sanction toward Iran. The sanction is because of Iran's nuclear progamme.
Jamaica's Sanction Against South Africa
In 1957 Jamaica was the first to use a sanction toward South Africa due to apartheid regime. Apartheid being defined as, a policy or system of segregation or discrimination in grounds of race. Jamaica is a big team player in bringing down South Africa's system of apartheid The Jamaican government is a strong believer in equality in the work force therefore do not condemn to the apartheid policy.
U.S.A's sanction toward Jamaica
U.S.A placed Jamaica on a "watch list". They wanted to impose a sanction toward Jamaica due to their negligence to preform trade laws protecting industrial designs, failure to enact, and plant variety.
CARICOM-Dominican Republic Free Trade Agreement
CARICOM – Costa Rica Free Trade Agreement
CARICOM/Cuban Republic Free Trade Agreement
The CARICOM/Venezuela Free Trade Agreement
The CARICOM/Colombian Trade, Economic and Technical Co-operation Agreement
CARICOM Single Market and Economy (CSME)
CARIFORUM/EU Economic Partnership Agreement (EPA)
The CARICOM Single Market and Economy is intended to benefit the people of the Region by providing more and better opportunities to produce and sell our goods and services and to attract investment. It will create one large market among the participating member states.
The trade agreements associated Jamaica are all to help boost the economy. The most popular one is the recent CARIFORUM/ EU Economic Partnership Agreement. Certain amounts of money are going to regions in hopes to boost the competitiveness between countries involved, and the export capacity of the capacity of the private sector. A perk for having free trade between the countries is that creates, like stated before, a competiviness between the countries, creates an improvement in the pay for the jobs, and even generates new markets.