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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 people Helpful site do not go to the other destinations? Yes (How to finance a house flip). Mr. Bernal. The return of Cuba to as a destination for American travelers has both unfavorable and favorable effects. In the short run it is a new location. It is going to bring in a great deal of financial investment and travelers there, which could divert, particularly, tourists from the nearest islands to Cuba such as the Bahamas and Dominican Republic, but it might impact the entire Caribbean.

What is essential for the Caribbean is to do the following: One, to maintain the freshness of the tourism item and its worldwide competitiveness in rate and quality; and second of all, to look for the possibility of multiple destination tourist. That is, some time in Cuba, some time in the remainder of the Caribbean, discover collective methods. Lastly, the Caribbean has remarkable tourism know-how and management which it can provide to Cuba in constructing Cuban tourism. Among the necessary things is to make sure that as airlift comes from brand-new markets like China that the Caribbean likewise makes certain that it is competitive with the new locations.

So the Caribbean faces competition, but it is a market in the Caribbean which has revealed an ability to stay worldwide competitive and appealing. I have no doubt that the industry will continue to grow, however it requires to up its game due to the fact that 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; international trade grew by 2. 8 percent. So what we do know it that the tourism market continues to expand and the Caribbean's development has actually been favorable for awhile now. So I think on the whole, the Caribbean is doing well.

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The Caribbean Hotel & Tourism did do a study on the disruption 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 countries have been traveling to Cuba without any interference 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 into the Caribbean, so I believe it is both a difficulty and a chance. But I think as long chuck mcdowell wesley financial group the Caribbean does deal with its competitive issues and does stay able to take on Cuba on cost and quality they must be okay.

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, which reveals the importance that the Caribbean area is to our subcommittee, to Congress as an entire, and I believe to the government. We are going to continue diving into these problems and figuring out methods that we can engage more, particularly in light of Venezuela as we have spoken about, and what happens when a timeshare is foreclosed on you what may or may not occur with Petrocaribe. I believe there is great opportunity. I speak 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 desire to thank you Eric, Sally, and Ambassador. What is a consumer finance company. 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 place on record our appreciation to you for your management and chairing of the committee and for convening this session to provide us an opportunity 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 wanted to focus on this issue and I am thankful he did. We were welcome to, happy to accommodate him and I value that. It type of directed my focus towards the area and I am super grateful that he did. So we will eagerly anticipate seeing you in September after this break and I hope everyone has an excellent break as well. 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 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 a provision (Section 546) extending the deadline requiring U.S. residents taking a trip by land or sea in between the United States and the Caribbean (as well as Canada, Mexico, and Central and South America) to have passports or other files denoting 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 certain criteria relating to the brand-new file or passport card being established.

citizens to have passports for travel by air in between the United States and the Caribbean (in addition to 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 peaceful and organized in current 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 summit 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, recognizing the 40th anniversary of Guyana's self-reliance and extending best dreams to Guyana for peace and further development, development, and success. On April 22, 2006, Guyana's Farming minister, in addition to his 2 brother or sisters and a guard, were shot and killed in an obvious burglary. On April 12, 2006, U.S. and CARICOM trade officials fulfilling in Washington started preliminary exploration of a possible open market arrangement. The authorities likewise agreed to renew a dormant U.S.-CARICOM Trade and Financial 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.