sentences:  The Treaty of Chaguaramas declared that CARIFTA would cease to exist on 1 May 1974 when the remaining CARIFTA members all acceded to CARICOM.In fact, there was essentially a transitional period between 1 August 1973 when the More Developed Countries (MDCs) of Barbados, Guyana, Jamaica, and Trinidad & Tobago acceded to CARICOM and 26 July 1974 when Saint Kitts & Nevis acceded to CARICOM, during which both CARIFTA and CARICOM were legally in existence and operative and thus CARIFTA wasn't fully superseded until 26 July 1974.In conjunction with their accession to CARICOM, the various CARIFTA states gave notices of withdrawal from CARIFTA which brought about the legal termination of CARIFTA's provisions within their jurisdictions and ultimately the complete legal dissolution of CARIFTA itself.