The CRS benefits industry in a variety of ways. It offers a central portal for access to CARICOM’s markets of over 17 million people.
These Member States are:
- Antigua and Barbuda
- Saint Lucia
- St. Kitts and Nevis
- St. Vincent and the Grenadines
- Trinidad and Tobago
Associate Member States are:
- British Virgin Islands
- Cayman Islands
Because these countries are diverse and have different regulatory requirements and timelines for processing, the CRS benefits companies by giving them one streamlined set of requirements and a known and accelerated timeline for processing compared to what currently exists.
The requirements are based on an abbreviated and accelerated procedure WHO uses for Prequalification when a product has already been registered by a reference authority.
The CRS also participates in the WHO Collaborative Procedure, whereby sponsors that hold a prequalified product can authorize the release of corresponding assessments and inspectional information, to the CRS for review.