They still believe they are visiting Hemingway having a drink over there at La Bodeguita. So how do you see that taking place? What do you see occurring there as tourism keeps increasing and individuals do not go to the other destinations? Yes (How to finance a franchise with no money). Mr. Bernal. The return of Cuba to as a destination for American tourists has both negative and favorable effects. In the brief run it is a new destination. It is going to draw in a lot of financial investment and travelers there, which could divert, especially, tourists from the closest islands to Cuba such as the Bahamas and Dominican Republic, however it could affect the entire Caribbean.

What is very important for the Caribbean is to do the following: One, to maintain the freshness of the tourist product and its worldwide competitiveness in price and quality; and secondly, to search for the possibility of several destination tourism. That is, a long time in Cuba, a long time in the remainder of the Caribbean, find collective methods. Last but not least, the Caribbean has incredible tourism proficiency and management which it can offer to Cuba in developing Cuban tourist. Among the important things is to make sure that as airlift comes from brand-new markets like China that the Caribbean also makes certain that it is competitive with the new locations.

So the Caribbean deals with competitors, but it is an industry in the Caribbean which has shown an ability to remain worldwide competitive and attractive. I believe that the market will continue to grow, but it needs to up its video game due to the fact that of the brand-new competitors. Ms. Yearwood. I don't 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 expand and the Caribbean's growth 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 study on the disturbance that Cuba could trigger. But among the points that there is, is that the U.S. is the only nation that has the embargo on Cuba and other nations have been traveling to Cuba with no interference 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 entering into the Caribbean, so I think it is both an obstacle https://www.businesswire.com/news/home/20191008005127/en/Wesley-Financial-Group-Relieves-375-Consumers-6.7 and a chance. However I believe as long the Caribbean does deal with its competitive issues and does stay able to take on Cuba on expense and quality they must be all right.

Sires. Thank you. Mr. Duncan. Well, as you can see, on a day when sessions end and people are leaving town we have the committee members come even unanticipated to the chairman, which reveals the significance that the Caribbean region is to our subcommittee, to Congress as an entire, and I think to the federal government. We are going to continue delving into these concerns and figuring out methods that we can engage more, particularly in light of Venezuela as we have actually discussed, and what might or may not happen with Petrocaribe. I think there is excellent opportunity. I talk about tasks, energy, and the founding fathers all the time.

So witnesses are reminded there may be other questions 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. What does nav stand for in finance. Thanks for coming and I eagerly anticipate continuing the conversation. Yes, thank you. Yes, sir. Helpful site Mr. Bernal. It would be remiss people if we didn't place on record our appreciation to you for your leadership and chairing of the committee and for convening this session to provide 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 the attention where it is directed. My ranking member wanted to focus on this concern and I am grateful he did. We were welcome to, happy to accommodate him and I appreciate that. It sort of directed my focus toward the region and I am super thankful that he did. So we will eagerly anticipate seeing you in September after this break and I hope everyone 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 ---------- Material Submitted for the Record < [GRAPHIC( S) NOT OFFERED IN TIFF FORMAT] [all].

Caribbean Region: Problems 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 a provision (Area 546) extending the due date needing U.S. citizens traveling 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 deadline was extended from January 1, 2008, to June 1, 2009, or earlier if the Secretary of State and Secretary of Homeland Security collectively accredit specific requirements regarding the brand-new file or passport card being developed.

people to have passports for travel by air between the United States and the Caribbean (as well as Canada and Mexico.) On August 28, 2006, Guyana held nationwide 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 peaceful 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 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 best wishes to Guyana for peace and more advancement, development, and success. On April 22, 2006, Guyana's Agriculture minister, in addition to his two siblings and a security guard, were shot and eliminated in an evident robbery. On April 12, 2006, U.S. and CARICOM trade officials satisfying in Washington started preliminary expedition of a potential open market arrangement. The officials also agreed to renew an inactive U.S.-CARICOM Trade and Investment Council that had originally developed in the early 1990s. On March 30, 2006, Portia Simpson Miller was sworn in as Jamaica's very first female Prime Minister.