Caribbean Court of Justice by the CSME are so important and extensive, relating to the establishment of economic enterprises, the provision of professional services, the movement of capital, the acquisition of land for the operation of businesses, that there is a clear need to have a permanent, central, regional institution to authoritatively and definitively pronounce on those rights and corresponding obligations. The Caribbean Court of Justice is intended to be such an authoritative institution." The official inauguration was held in Queen's Hall, Port of Spain, Trinidad and Tobago, on Saturday 16 April 2005. The first case heard by the CCJ was in August 2005
Caribbean–China relations to the Caribbean position globally and has stepped up military training exercises in the Caribbean for example in direct response to several sanctions placed on governments in the Caribbean region for not following the wishes of the Bush administration. Several capital-works or infrastructural projects across the Caribbean region have also been financed by the Chinese government. Caribbean–China relations Caribbean regional relations with China, which is defined as: the People's Republic of China (PRC; "China") or the Republic of China (ROC; "Taiwan"), are mostly based on trade, credits, and investments, which have increased significantly since the 1990s. For many Caribbean nations,