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They still believe they are going to see Hemingway having a drink over there at La Bodeguita. So how do you see that taking place? What do you see happening there as tourist keeps increasing and individuals don't go to the other locations? Yes (What is a cd in finance). Mr. Bernal. The return of Cuba to as a location for American travelers has both unfavorable and favorable effects. In the short run it is a brand-new destination. It is going to draw in a great deal of financial investment and tourists there, and that might divert, especially, travelers from the nearby islands to Cuba such as the Bahamas and Dominican Republic, however it might impact the entire Caribbean.

What is very important for the Caribbean is to do the following: One, to keep the freshness of the tourist product and its worldwide competitiveness in price and quality; and second of all, to search for the possibility of several location tourism. That is, a long time in Cuba, a long time in the rest of the Caribbean, find collective ways. Lastly, the Caribbean has incredible tourism competence 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 new markets like China that the Caribbean also ensures that it is competitive with the brand-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 attractive. I have no doubt that the market will continue to grow, but it requires to up its video game since of the brand-new competition. Ms. Yearwood. I do not have a lot to contribute https://www.facebook.com/wesleyfinancialgroup/ 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 positive 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 research study on the interruption that Cuba could 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 without any disturbance permanently, I guess, 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 a difficulty and an opportunity. But I believe as long the Caribbean does work on its competitive issues and does stay able to contend with Cuba on expense and quality they ought to be fine.

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 unexpected to the chairman, which shows the significance that the Caribbean region is to our subcommittee, to Congress as an entire, and I believe to the government. We are going to continue diving into these issues and figuring out ways 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 believe there is fantastic chance. I speak about tasks, energy, and the founding fathers all the time.

So witnesses are advised 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. How to become a finance manager at a car dealership. Thanks for coming and I eagerly anticipate continuing the conversation. Yes, thank you. Yes, sir. Mr. Bernal. It would be remiss people if we didn't place 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 concentrate on this problem and I am happy he did. We were welcome to, pleased to accommodate him and I value that. It kind of directed my focus towards the region and I am super happy 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 ---------- Product Submitted for the Record < [GRAPHIC( S) NOT AVAILABLE IN TIFF FORMAT] [all].

Caribbean Area: 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 (Section 546) extending the deadline requiring U.S. residents taking a trip by land or sea in between the United States and the Caribbean (along with Canada, Mexico, and Central and South America) to have passports or other documents representing 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 jointly license certain requirements relating to the new file or passport card being established.

people 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 nationwide elections in which President Baharrat Jagdeo was re-elected with practically 55% of the vote. Some observers had expected political violence, but the elections were the most tranquil and organized in current history, according to the Carter Center, which observed the elections. On July 3, 2006, Haiti's involvement in the Caribbean Community (CARICOM) was officially renewed at the company'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, acknowledging the 40th anniversary of Guyana's self-reliance and extending finest dreams to Guyana for peace and further advancement, development, and success. On April timeshare cancellation attorney 22, 2006, Guyana's Farming minister, in addition to his 2 siblings and a guard, were shot and eliminated in an obvious burglary. On April 12, 2006, U.S. and CARICOM trade officials fulfilling in Washington began initial exploration of a possible totally free trade agreement. The authorities likewise consented to renew an inactive U.S.-CARICOM Trade and Investment Council that had actually initially established in the early 1990s. On March 30, 2006, Portia Simpson Miller was sworn in as Jamaica's first female Prime Minister.