Venezuelan Ambassador to T&T, Álvaro Sánchez Cordero, is confident that business and other ties will continue to grow as for the first time in years, tourists from T&T landed in Venezuela.
“T&T tourists coming to Margarita monthly represents an economic benefit for Venezuela. However, this must be seen comprehensively. Firstly, Venezuela has tremendous tourism potential as a multi-destiny country. But for many years, we dis-invested in tourism, as we mostly relied on oil revenues.
“Nonetheless, for the past 20 years or so, we have gone through a process of economic diversification that has included tourism, as well as other sectors, as a focal point for foreign revenue earning. Also, our tourism product includes the participation of local communities. Therefore, the benefits are equally shared with the locations,” he told the Business Guardian.
The Venezuelan Ambassador blamed the COVID-19 pandemic for the halt in flights between the two countries rather than a “cooling” of the relationship.
“I must say that the three-year hiatus of direct flights between Venezuela and T&T had nothing to do with cooling of relations. It was simply because of the pandemic. So, it is only now that we are gladly witnessing the re-establishment of air connectivity by two neighbouring and friendly nations with lots of cultural and ancestral links. However, there is no doubt that the re-establishment of direct flights increases all possibilities for engagement in various areas, not just tourism, but also commerce, trade, business, education, and culture.”
Finance director of Hammock Travel Carol Salazar
Last Thursday for the first time in three years, there was a direct flight with 110 passengers from T&T to Margarita, Venezuela on Venezuelan airline Rutaca.
This was reported last Wednesday by the Venezuelan Minister for Tourism, Alí Padrón, who described it as “shopping tourism” that takes place during the Easter holidays
Padrón said that these types of connections are positive for commercial exchange in Venezuela since in Margarita there have been connections with Russia, Cuba, and soon with Poland, which generates profits for the Venezuelan economy. For three years there were no direct commercial flights from Trinidad to Margarita, Venezuela.
Previously, to travel to Margarita from Trinidad, a traveller had to take a flight to Panama and from there to Caracas and then to Polmar.
There have been two direct charter flights from T&T to Porlamar, Margarita under this new agreement between T&T and Venezuela. Specifically, there were two flights departing from Trinidad to the island of Margarita between April 6 and 10, and another from Trinidad between April 10 and 14.
Finance director of Hammock Travel based in Victoria Avenue, Port-of-Spain, Carol Salazar, which does the travel packages, told the Business Guardian that now that the pandemic is in the past, both Governments are using the opportunity to open the borders between the two countries.
Venezuela’s Tourism Minister Ali Padron meets T&T tourists at the Santiago Marino International Airport in Margarita last Thursday.
“These packages started in April. Because of the situation with the COVID pandemic the borders were closed between both countries. The Ministry of Tourism in Venezuela and the Government of T&T did an agreement to open these flights only for tourism. So T&T nationals can now travel to Margarita just for a while. Right now we have five-day packages.”
According to information from Hammock Travel’s Facebook page, five days and four nights at Sunsol Ecoland Resort in Margarita costs $5,380 while five days and four nights at the Venetur Hotel in Margarita would cost $3,900.
Salazar said these prices include the plane ticket, transfer to the hotel, all meals and drinks and hotel accommodation for one person.
She spoke positively of T&T nationals wanting to vacation in Margarita.
“They have been really receptive. The plane is going with 110 people. So it is basically sold out. The people of T&T love Margarita. They have always loved Margarita. It’s a nice place to shop. Right now the situation in Venezuela has improved a lot.”
Economic Relations
The return of T&T tourists comes at a time when Venezuela’s economy is growing again after a deep eight-year recession where Venezuela’s economy lost 75 per cent of its size, according to the International Monetary Fund.
Venezuela’s Government has begun to liberalise the economy and the IMF projects that Venezuela’s economy will grow by 6.5 per cent in 2023, the highest in Latin America.
Against this backdrop, there are other projects between both countries as Venezuela and T&T are discussing the joint exploration of the Dragon Gas field.
There are also over 16,000 Venezuelans who are registered to work in T&T given the economic depression Venezuela suffered in the recent past.