Chaguanas Chamber Raises Concerns Over Visa Bond Proposal Amid Tariff Hikes
The Chaguanas Chamber of Industry and Commerce has expressed concern over the proposed visa bond policy, particularly following the recent increase in tariffs. The Chamber advocates for fair and open trade conditions to support economic growth.
00:00When you add that to the recent tariff increases and the tougher visa renewal process, you're looking at a situation where regular business travel, family visits, even basic tourism becomes much more difficult.
00:15For many of our SMEs who rely on the U.S. trade and partnership, this could also be a setback. It's not just businesses either. This could affect family ties, tourism, and cultural exchanges, things that have always helped strengthen our region's relationship with the U.S.
00:37There's also the ripple effect on the airline industry. If fewer people could afford to travel, of course, airline flying between these countries could start seeing a reduction in passengers or probably losses.
00:51That could mean fewer flights, higher ticket prices for those who go, and even a shift to alternate routes through other countries just to be viable.
00:59As a chamber, we are staying focused and ensuring that our members, especially SMEs, aren't locked out of the opportunities because of policies like this.
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