David Jessop, executive director of the Caribbean Council based in London, predicts that the terrorist attacks on the US will have on impact on air and cruise ship travel in the Caribbean, financial centers in the region, remittances, the issuing of bonds, agriculture, and even narcotics production and shipment. “In short, the region’s situation may become worse before it becomes better,” he writes. In his opinion, “the worst threat to the Caribbean is the subsequent uncertainty that saps confidence and the quality of life.” He suggests that the region “place the greatest emphasis on international negotiations in the tourism industry, the role of well-regulated financial services, defending value-added industries such as branded rum or the region’s market for high value agricultural exports.” To read the full report on the impact of the terrorist attack on the Caribbean, see http://www.dr1.com/business/jessop092101.shtml
