6/25/2002

“Travel to Cuba by Americans would bring gains to the U.S. economy, according to a new study commissioned by the Cuba Policy Foundation, to be released…In travel-related gains alone, a total lifting of the embargo would produce $545.6 million and 3,797 American jobs after one year; the fifth year out, the U.S. economy would gain over $1.9 billion dollars in income and 12,180 jobs.  Simply allowing U.S. carriers (airlines and cruise ships) tour operators to operate in Cuba would yield for the American economy $522.6 million the first year, and $1.6 billion with 10,749 jobs in the fifth year from travel-related gains.” [Con Embargo]

Ed Sanders & Patrick Long, “Economic Benefits to the United States from Lifting the Ban on Travel to Cuba,” Cuba Policy Foundation, June 25, 2002