(ii) obtaining international credibility for the Financial System within that State Party, individually and collectively with other Central Banks; (iii) achieving global competitiveness of the Financial System within that State Party, individually and collectively with other Central Banks; (e) assist the other Central Banks in the acquisition, utilisation and support of strategic ICT solutions where such ICT solutions make a significant contribution to enabling new and modern operations and improving existing functions; (f) build a high level of ICT skills at strategic, managerial and technical levels in order to ensure that that Central Bank has the capacity, over the long term, to acquire, maintain and support appropriate and effective ICT Solutions; (g) endeavour to adopt a technological framework that will enable (i) electronic collaboration between that Central Bank's officials and the officials of the other Central Banks; (ii) effective and efficient transmission of data between that Central Bank and the other Central Banks; (iii) sharing of the ICT Solutions of that Central Bank with the other Central Banks in order to reduce costs, and to accelerate the process of ICT Solution utilization within the Region; (h) establish such ICT Solutions as are necessary to enable joint activities between that Central Bank and the other Central Banks and to attain such objectives as are mutually agreed between that Central Bank and the other Central Banks; and (i) contribute to the development of a centre of excellence, within the Region, for information relating to the Financial System of that State Party. ARTICLE 5 INSTITUTIONAL ARRANGEMENTS 1. Central Banks, through the forum of the CCBG, shall establish a Central Banks Information and Communications Technology Steering Committee, and such ICT Steering Committee will be responsible for the implementation of this Annex. 2. Each Central Bank shall appoint one person to serve on the ICT Steering Committee. 72