The Caribbean could lose billions of dollars after the US government implements new passport regulations requiring its citizens to have a valid passport when travelling to the region.
A study by Caribbean Hotel Association (CHA) on the economic impact of the new passport regulation concluded that the Caribbean could lose as much as $2.6 billion in earnings from visitor arrivals and more than 188,000 peple working in the tourism and travel sector could lose their jobs.
These findings were revealed at the Caribbean Tourism Organisation Board of Directors meeting in New York on June 2.
The United States has proposed that these security measures go into effect January 2006, for all Americans re-entering the US from the Caribbean region.
Source Kilah Rolle, The Tribune
