They still believe they are visiting Hemingway having a beverage over there at La Bodeguita. So how do you see that taking place? What do you see occurring there as tourism keeps increasing and people don't go to the other locations? Yes (What is a note in finance). Mr. Bernal. The return of Cuba to as a destination for American tourists has both negative and favorable effects. In the short run it is a new location. It is going to attract a lot of financial investment and travelers there, and that could divert, particularly, travelers from the nearest islands to Cuba such as the Bahamas and Dominican Republic, however it might affect the entire Caribbean.
What is essential for the Caribbean is to do the following: One, to keep the freshness of the tourist item and its worldwide competitiveness in price and quality; and secondly, to look for the possibility of numerous location tourism. That is, some time in Cuba, a long time in the rest of the Caribbean, find collaborative ways. Last but not least, the Caribbean has incredible tourist knowledge and management which it can use to Cuba in developing Cuban tourism. One of the important things is to ensure that as airlift originates from new markets like China that the Caribbean also ensures that it is competitive with the brand-new locations.
So the Caribbean deals with competition, but it is a market in the Caribbean which has revealed an ability to remain internationally competitive and attractive. I believe that the industry will continue to grow, but it needs to up its game because of the brand-new competition. Ms. Yearwood. I don't have a lot to contribute to Ambassador Bernal's point. International tourism grew by 4 percent in 2015; global trade grew by 2. 8 percent. So what we do know it that the tourism market continues to broaden and the Caribbean's growth has actually been positive for some time now. So I believe on the whole, the Caribbean is doing well.
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The Caribbean Hotel & Tourism did do a research study on the disturbance that Cuba might trigger. However one of the points that there is, is that the U.S. is the only country that has the embargo on Cuba and other nations have actually been traveling to Cuba without any disturbance permanently, I think, and so that market is safe. You have the Canadians, the Europeans. To Ambassador Bernal's point the emerging Chinese and Asian market coming into the Caribbean, so I think it is both an obstacle and an opportunity. However I think as long the Caribbean does deal with its competitive issues and does stay able to compete with Cuba on expense and quality they ought to be all right.
Sires. Thank you. Mr. Duncan. Well, as you can see, on a day when sessions end and individuals are leaving town we have the committee members come even unforeseen to the chairman, and that shows the significance that the Caribbean area is to our subcommittee, to Congress as an entire, and I believe to the government. We are going to continue delving into these issues and determining manner ins which we can engage more, specifically in light of Venezuela as we have discussed, and what might or might not take place with Petrocaribe. I believe there is great opportunity. I talk about tasks, energy, and the starting dads all the time.
So witnesses are reminded there may be other concerns that are sent and we ask you to react to those. We will leave the record open for 10 days. And we wish to thank you Eric, Sally, and Ambassador. How old of a car will a bank finance. Thanks for coming and I look forward to continuing the discussion. Yes, thank you. Yes, sir. Mr. Bernal. It would be remiss of us if we didn't put on record our gratitude to you for your leadership and chairing of the committee and for assembling this session to give us a chance to share some views with you, and we put on record our appreciation.
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Mr. Duncan. Well, let's put You can find out more the attention where it is directed. My ranking member wished to concentrate on this problem and I am pleased he did. We were welcome to, happy to accommodate him and I value that. It kind of directed my focus towards the region and I am incredibly pleased that he did. So we will look forward to seeing you in September after this break and I hope everybody has a good break too. And with that the committee will stand adjourned. [Whereupon, at 3:39 p. m., the subcommittee was adjourned.] A P P E N D I X ---------- Product Submitted for the Record < [GRAPHIC( S) NOT AVAILABLE IN TIFF FORMAT] [all].
Caribbean Area: Concerns in U.S. Relations On October 4, 2006, the President signed into law the FY2007 Department of Homeland Security Appropriations Act (P.L. 109-295, H.R. 5441), which has an arrangement (Section 546) extending the due date requiring U.S. people traveling by land or sea in between the United States and the Caribbean (in addition to Canada, Mexico, and Central and South America) to have passports or other files signifying identity and citizenship. The deadline was extended from January 1, 2008, to June 1, 2009, or earlier if the Secretary of State and Secretary of Homeland Security collectively certify certain requirements concerning the new document or passport card being established.
citizens to have passports for travel by air in between the United States and the Caribbean (along with Canada and Mexico.) On August 28, 2006, Guyana held national elections in which President Baharrat Jagdeo was re-elected with nearly 55% of the vote. Some observers had actually anticipated political violence, but the elections were the most tranquil and orderly in recent history, according to the Carter Center, which observed the elections. On July 3, 2006, Haiti's involvement in the Caribbean Neighborhood (CARICOM) was officially restored at the company's top in St. Kitts and Nevis. Haiti's involvement had been suspended after the departure of President Jean Bertrand Aristide from power in February 2004.
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792 (Meeks) by voice vote, acknowledging the 40th anniversary of Guyana's self-reliance and extending finest wishes to Guyana for peace and further development, progress, and prosperity. On April 22, 2006, Guyana's Farming minister, together with his 2 siblings and a security personnel, were shot and eliminated in an apparent robbery. On April 12, 2006, U.S. and CARICOM trade officials satisfying in Washington started preliminary https://www.bintelligence.com/blog/2020/2/17/34-companies-named-2020-best-places-to-work exploration of a prospective open market contract. The authorities also consented to renew an inactive U.S.-CARICOM Trade and Financial Investment Council that had originally established in the early 1990s. On March 30, 2006, Portia Simpson Miller was sworn in as Jamaica's first female Prime Minister.