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 happening there as tourism keeps increasing and individuals don't go to the other destinations? Yes (What does finance a car mean). Mr. Bernal. The return of Cuba to as a location for American tourists has both negative and favorable impacts. In the brief run it is a new destination. It is going to draw in a lot of investment and tourists there, and that could divert, particularly, travelers from the nearby islands to Cuba such as the Bahamas and Dominican Republic, however it could affect the whole Caribbean.
What is very important for the Caribbean is to do the following: One, to preserve the freshness of the tourist item and its global competitiveness in rate and quality; and second of all, to look for the possibility of several destination tourist. That is, a long time in Cuba, some time in the rest of the Caribbean, find collaborative methods. Lastly, the Caribbean has remarkable tourist competence and management which it can provide to Cuba in developing Cuban tourist. Among the essential things is to guarantee that as airlift comes from brand-new markets like China that the Caribbean likewise makes sure that it is competitive with the brand-new locations.
So the Caribbean faces competitors, but it is an industry in the Caribbean which has actually revealed an ability to stay internationally competitive and appealing. I have no doubt that the industry will continue to grow, but it requires to up its game due to the fact that of the brand-new competition. Ms. Yearwood. I don't have a lot to add to Ambassador Bernal's point. International tourist grew by 4 percent in 2015; global trade grew by 2. 8 percent. So what we do know it that the tourist market continues to expand and the Caribbean's development has been favorable for some time now. So I believe on the whole, the Caribbean is doing well.
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The Caribbean Hotel & Tourist did do a study on the disruption that Cuba could cause. But among the points that there is, is that the U.S. is the only country that has the embargo on Cuba and other countries have actually been taking a trip 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 coming into the Caribbean, so I think it is both a challenge and a chance. However I believe as long the Caribbean does work on its competitive concerns and does stay able to complete with Cuba on cost and quality they need to be alright.
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, and that reveals 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 concerns and determining ways that we can engage more, especially because of Venezuela as we have actually spoken about, and what may or might not happen with Petrocaribe. I think there is terrific chance. I speak about jobs, energy, and the starting dads 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 desire to thank you Eric, Sally, and Ambassador. How long can i finance a used car. Thanks for coming and I anticipate continuing the conversation. Yes, thank you. Yes, sir. Mr. Bernal. It would be remiss people 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 provide us an opportunity 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 concentrate on this problem and I am delighted 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 glad that he did. So we will look forward to seeing you in September after this break and I hope timeshare business everybody has a good 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 READILY 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 (Area 546) extending the deadline needing U.S. residents 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 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 jointly accredit certain criteria relating to the brand-new file or passport card being developed.
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 national elections in which President Baharrat Jagdeo was re-elected with practically 55% of the vote. Some observers had expected 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 involvement in the Caribbean Community (CARICOM) was officially renewed at the organization's top in St. Kitts and Nevis. Haiti's participation had actually 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 prosperity. On April 22, 2006, Guyana's Farming minister, along with his 2 brother or sisters and a security guard, were shot and killed in an evident burglary. On April 12, 2006, U.S. and CARICOM trade officials fulfilling in Washington started preliminary exploration of a potential totally free trade agreement. The authorities also concurred to rejuvenate a dormant U.S.-CARICOM Trade and Financial Investment Council that had initially established in the https://www.linkedin.com/company/wesleyfinancialgroup early 1990s. On March 30, 2006, Portia Simpson Miller was sworn in as Jamaica's very first female Prime Minister.