The objectives for the GMS regional market are established in a Policy Statement issued in
2000. In summary, these are to:
Promote the efficient development of the regional power sector and regional
power trade in order to aid economic growth.
Promote extended cooperation between GMS members in the field of energy.
Protect and improve the environment through the use of appropriate
technologies and plans.
The objectives are supported by a set of guiding principles, including that each GMS
member recognizes:
International power trade as an integral part of its energy policies.
The importance of technical harmonization of transmission standards to facilities
interconnection.
The desirability of foreign direct investment and private participation in the
power sector.