​There are five institutions established to facilitate implementation of the Agreement. They are as follows_
   - The Joint CARIFORUM-EU Council
   - The CARIFORUM-EU Trade and Development Committee
   - The Special Committee on Customs Cooperation and Trade Facilitation
   - The CARIFORUM-EU Parliamentary Committee
   - The CARIFORUM-EU Consultative Committee
​A Momentous Step Towards a New, Transformed Relationship
On January 30, 2006, at an historic ceremony on the UWI Mona Campus, the leaders of six CARICOM countries signed a declaration of compliance with the CARICOM Single Market. They were Barbados, Belize, Guyana, Jamaica, Suriname and Trinidad and Tobago. Six other countries, members of the Organisation of East Caribbean States (OECS), have undertaken to become Single Market compliant no later than June 30 of this year. These are Antigua and Barbuda, Dominica, Grenada, St. Kitts and Nevis, St. Lucia, and St. Vincent and Grenadines.