The Caribbean Community (abbreviated as CARICOM or CC) is an intergovernmental organisation that is a political and economic union of 15 member states (14 nation-states and one dependency) and five associated members throughout the Americas, The Caribbean and Atlantic Ocean.[1] It has the primary objective to promote economic integration and cooperation among its members, ensure that the benefits of integration are equitably shared, and coordinate foreign policy. The organisation was established in 1973,[11] by its four founding members signing the Treaty of Chaguaramas.