Trade Agreements which CARICOM has concluded with third countries, as well as to expand trade generally to all countries. 3. ECN 3 – Introduce Measures for Macroeconomic Stabilisation – which will include addressing financial stability and debt management in Member States and establishing an advisory mechanism for Member States on debt management – as proposed by the CARICOM Commission on the Economy. The CARICOM Commission on the Economy in its Preliminary Report (February 2014) has proposed Immediate-term and Medium-term programme of action as follows: Immediate-term: Macro-economic stability, specifically fiscal sustainability and the management of the domestic and external debt; promoting a conducive environment for private sector growth and development; formulation of a proactive resource mobilization strategy. Medium-term: defining a production integration model for the Community with supportive frameworks for trade facilitation and finance; and addressing 'labour market issues' within the context of the CARICOM production integration model; determining a regional public private partnership model along with a set of regional public goods in respect of the targeted sectors; 4. ECN 4 – Build Competitiveness and Unleash Key Economic Drivers to Transition to Growth and Generate Employment - Enabling a Competitive Business Environment within the Region through promoting and enabling research and development, innovation, ICT and entrepreneurship (special emphasis on youth entrepreneurship); promoting productivity and the social dimensions of labour in collaboration with labour representatives; and stimulating and creating an enabling environment for the private sector, particularly the regulatory environment to enhance intra-regional and external trade,8 for example: (a) Harmonization and simplification of business regulations and processes in Member States and in the Community, including advancing work on the Single Jurisdiction for the Registration and Incorporation of Companies (within the CSME arrangements); 8 Specific initatives within this strategy will adjust based on the work of the CARICOM Commission on the Economy 16 | P a g e