CARICOM issued a statement from headquarters in Guyana. A new 14 nation group of Caricom contries is to be set up to fight off the attacks in the Financial Wars for control of world finances by the OECD group. It will comprise of bankers, community officials, and country representatives. At first it will confine itself to rhetoric. Publicity and articulation of Caricom countries position in the face of concerted attacks on the financial offshore sectors by the G7 group in particular.
Cayman Islands is itself bigger financially than most of the G 7 group. Which they see as a problem. The Bahamas is caving in already and turned cowardly.
This group of 14 Caricom nations has a bigger trading deficit with the USA than has Brazil. Caricom has trading market muscle if it chooses to flex it.
Floating around as ideas are extra customs tariffs on selective products of G 7 countries. More open markets for the three China's, Hong Kong, mainland China and Taiwan. Already any meat products from the United Kingdom should be banned as imports in Caricom countries, due to the transmission of mad cow disease, which can have an incubation period of twenty years and has already crossed the Atlantic and is now finding victims in the USA.