They still believe they are visiting Hemingway having a drink over there at La Bodeguita. So how do you see that happening? What do you see taking place there as tourist keeps increasing and individuals don't go to the other destinations? Yes (How to become a finance manager at a car dealership). Mr. Bernal. The return of Cuba to as a destination for American travelers has both negative and positive results. In the short run it is a new destination. It is going to draw in a lot of investment and travelers there, and that might divert, especially, tourists 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 maintain the freshness of the tourism product and its international competitiveness in cost and quality; and second of all, to search for the possibility of multiple destination tourist. That is, some time in Cuba, some time in the rest of the Caribbean, discover collective methods. Last but not least, the Caribbean has significant tourist know-how 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 brand-new markets like China that the Caribbean also makes sure that it is competitive with the new locations.
So the Caribbean faces competition, however it is an industry in the Caribbean which has actually revealed a capability to stay internationally competitive and appealing. I have no doubt that the market will continue to grow, but it requires to up its video game because of the new competitors. Ms. Yearwood. I do not have a lot to contribute to Ambassador Bernal's point. International tourism grew by 4 percent in 2015; worldwide trade grew by 2. 8 percent. So what we do understand it that the tourist market continues to broaden and the Caribbean's development has been favorable for some time now. So I think on the whole, the Caribbean is doing well.
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The Caribbean Hotel & Tourist did do a research study on the disruption that Cuba might trigger. But 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 taking a trip to Cuba with no disturbance permanently, I think, therefore that market is safe. You have the Canadians, the Europeans. To Ambassador Bernal's point the emerging Chinese and Asian market entering the Caribbean, so I believe it is both a challenge and an opportunity. But I think as long the Caribbean what happens if you stop paying on a timeshare does deal with its competitive issues and does remain able to complete with Cuba on cost and quality they should be alright.
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 unanticipated to the chairman, which reveals the value that the Caribbean region is to our subcommittee, to Congress as a whole, and I think to the government. We are going to continue delving into these problems and finding out manner ins which we can engage more, specifically due to Venezuela as we have talked about, and what might or may not happen with Petrocaribe. I think there is terrific opportunity. I speak about jobs, energy, and the starting daddies all the time.
So witnesses are reminded there might be other concerns that are submitted 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. What is a cd in 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 management and chairing of the committee and for convening this session to give us a chance to share some views with you, and we put on record our gratitude.
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Mr. Duncan. Well, let's put the attention where it is directed. My ranking member wished to focus on this concern and I am glad he did. We were welcome to, happy to accommodate him and I value that. It sort of directed my focus toward the area and I am super happy that he did. So we will look forward to seeing you in September after this break and I hope everyone has a great 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 OFFERED IN TIFF FORMAT] [all].
Caribbean Click for info Region: 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 deadline needing U.S. residents taking a trip by land or sea between the United States and the Caribbean (in addition to Canada, Mexico, and Central and South America) to have passports or other documents signifying identity and citizenship. The due date was extended from January 1, 2008, to June 1, 2009, or earlier if the Secretary of State and Secretary of Homeland Security jointly license specific criteria concerning the new file or passport card being developed.
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 practically 55% of the vote. Some observers had anticipated political violence, however the elections were the most serene and organized in recent history, according to the Carter Center, which observed the elections. On July 3, 2006, Haiti's participation in the Caribbean Neighborhood (CARICOM) was officially renewed at the organization's top in St. Kitts and Nevis. Haiti's participation 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, recognizing the 40th anniversary of Guyana's independence and extending finest desires to Guyana for peace and more development, development, and success. On April 22, 2006, Guyana's Agriculture minister, along with his two brother or sisters and a security personnel, were shot and killed in an obvious break-in. On April 12, 2006, U.S. and CARICOM trade authorities meeting in Washington began initial expedition of a potential complimentary trade contract. The authorities likewise accepted revitalize a dormant U.S.-CARICOM Trade and Investment Council that had actually originally developed in the early 1990s. On March 30, 2006, Portia Simpson Miller was sworn in as Jamaica's very first female Prime Minister.