what is the organisation of eastern caribbean states oecs 
the organisation of eastern caribbean states oecs is an intergovernmental organization that promotes economic integration and trade cooperation among its member states in the eastern caribbean understanding the organisation of eastern caribbean states oecs the oecs was founded on june 18 1981 when the original seven members signed the treaty of basseterre in the capital city of st kitts and nevis for which the agreement is named in 2010 this treaty was revised to establish an economic union removing or reducing trade and customs barriers and allowing goods people and capital to move more freely 1the protocol members of the organisation of eastern caribbean states oecs are the associate members of the oecs are as an economic union the oecs is a single market and customs union where goods people and capital are free to move the organization also works to unify monetary policy and policies related to government taxes and revenue in addition to harmonizing their approach toward trade health education the environment agriculture tourism and energy 3eight members share a single currency the eastern caribbean dollar they are anguilla antigua and barbuda commonwealth of dominica grenada montserrat st kitts and nevis saint lucia and st vincent and the grenadines 2 the british virgin islands use the united states dollar while martinique and guadeloupe as overseas departments of france use the euro 45geographically these islands form a near continuous archipelago across the caribbean sea known as the lesser antilles 3benefits of oecs membershipcitizens of protocol members are free to travel and work across borders without restrictions they can do so with a passport though a driver s license national id card voter registration card and social security card are also accepted to live in another protocol member state a person is not required to demonstrate means of support they can live and work in another protocol member state indefinitely 6all protocol member states are also members of the larger grouping the caribbean community and common market caricom and its initiative the caribbean single market and economy csme policies of the oecs are coordinated to align with members participation in the csme 6 anguilla and the british virgin islands are also associate members of caricom 7in addition to the eastern caribbean central bank which governs monetary policy and the eastern caribbean dollar the oecs recognizes two other institutions the eastern caribbean supreme court and the eastern caribbean civil aviation authority in addition the eastern caribbean telecommunications authority is the regulatory body that oversees the telecommunications sector in the region 8