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U.S. shift on Cuba will have impact on Caribbean trade, tourism

This move by the U.S. and Cuban governments will present the Caribbean countries with a "slew of opportunities and challenges".

This move by the U.S. and Cuban governments will present the Caribbean countries with a “slew of opportunities and challenges”.

San Juan, Puerto Rico.- The United States’ plans to restore full diplomatic relations with Cuba – and potentially lift its longstanding economic embargo on the Communist-ruled island  will have a major impact on the Caribbean trade and tourism sectors, said David Bernier Puerto Rico’s secretary of state, in an interview with the Spanish press agency EFE.

“This decision is not only important for Cuba and the U.S., but also for the Caribbean region, because there is now a major player that, once fully open to the U.S., will have a significant impact on all trade and tourism,” David Bernier told Efe.

This move by the U.S. and Cuban governments will present the Caribbean countries with a “slew of opportunities and challenges,” he said, adding that they “need to be prepared to respond appropriately.”

“It will create many opportunities for Puerto Rican entrepreneurs. Puerto Rico has carved out a unique role in tourism, and once Cuba begins the process of opening to the U.S. a search for growth opportunities must begin,” Bernier said.

He made those remarks after U.S. President Barack Obama and his Cuban counterpart, Raul Castro, announced they will start the process of restoring full bilateral relations, which were severed in January 1961. As part of the process of rapprochement, Havana released American contractor Alan Gross, who had been imprisoned on the island for five years after being convicted of subversion.

The United States also freed three Cuban  from the so-called “Group of Five” in exchange for a U.S. intelligence agent imprisoned in Cuba for nearly 20 years.

Source: EFE

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