2. The implementation of this Annex is intended to culminate in the support and enabling of modern business functions and operations within Central Banks, Financial Systems in the Region and financial operations in the Region, through the utilisation of modern ICT solutions. 3. The business functions and operations referred to in paragraph 2 include: (a) the payment systems (as defined in Annex 6) and cross-border payment systems; (b) balance-of-payments reporting systems; (c) economic research; (d) Central Bank supervision; (e) international banking and money market operations; (f) stock exchange operations in each State Party and the Region; ARTICLE 4 CO-OPERATION AND CO-ORDINATION In order to achieve the objectives set out in Article 2 and the resulting benefits, Central Bank of each State Party shall: (a) proactively support the initiatives and projects of the CCBG with suitable ICT solutions; (b) create awareness of the significant benefits that ICT solutions can provide in supporting and enabling modern world-class business operations in that State Party and the Region; (c) engage with and encourage, other Central Banks and Financial System operators to utilise ICT solutions to enhance their respective business operations in order that, over time, all Financial System operators in the Region receive the full benefit of utilising ICT solutions at world-class levels; (d) embrace ICT solutions to enable that Central Bank to be more successful in achieving its goals, both domestically within the Region, and internationally, and such goals should include : (i) aspiring to the primary domestic and international operations of a modern central bank; 71