[House Hearing, 114 Congress] [From the U - How old of an rv can you finance.S. Government Publishing Office] THE STRATEGIC IMPORTANCE OF STRUCTURE A STRONGER U.S.-- CARIBBEAN COLLABORATION ======================================================================= HEARING BEFORE THE SUBCOMMITTEE ON THE WESTERN HEMISPHERE OF THE COMMITTEE ON FOREIGN AFFAIRS HOME OF REPRESENTATIVES ONE HUNDRED FOURTEENTH CONGRESS SECOND SESSION JULY 14, 2016 Serial No. 114-189 Printed for using the Committee on Foreign Affairs [GRAPHIC( S) NOT READILY AVAILABLE IN TIFF FORMAT] Readily available by means of the Internet: http://www. foreignaffairs.house. gov/ or http://www. gpo.gov/ fdsys/ _ U.S. FEDERAL GOVERNMENT PUBLISHING OFFICE 20-749PDF WASHINGTON: 2016 ----------------------------------------------------------------------- For sale by the Superintendent of Documents, U.S. Government Publishing Office Internet: bookstore.
ROYCE, California, Chairman CHRISTOPHER H. SMITH, New Jersey ELIOT L. ENGEL, New York City ILEANA ROS-LEHTINEN, Florida BRAD SHERMAN, California DANA ROHRABACHER, California GREGORY W. MEEKS, New York STEVE CHABOT, Ohio ALBIO SIRES, New Jersey JOE WILSON, South Carolina GERALD E. CONNOLLY, Virginia MICHAEL T. Mc, CAUL, Texas THEODORE E. DEUTCH, Florida TED POE, Texas BRIAN HIGGINS, New York MATT SALMON, Arizona KAREN BASS, California DARRELL E. ISSA, California WILLIAM KEATING, Massachusetts TOM MARINO, Pennsylvania DAVID CICILLINE, Rhode Island JEFF DUNCAN, South Carolina ALAN GRAYSON, Florida MO BROOKS, Alabama AMI BERA, California PAUL COOK, California ALAN S. LOWENTHAL, California RANDY K.
YOHO, Florida ROBIN L. KELLY, Illinois CURT CLAWSON, Florida BRENDAN F. BOYLE, Pennsylvania SCOTT Des, JARLAIS, Tennessee REID J. What does nav stand for in finance. RIBBLE, Wisconsin DAVID A. TROTT, Michigan LEE M. ZELDIN, New York DANIEL DONOVAN, New York Amy Porter, Chief of Staff Thomas Sheehy, Personnel Director Jason Steinbaum, Democratic Staff Director ------ Subcommittee on the Western Hemisphere JEFF DUNCAN, South Carolina, Chairman CHRISTOPHER H. SMITH, New Jersey ALBIO SIRES, New Jersey ILEANA ROS-LEHTINEN, Florida JOAQUIN CASTRO, Texas MICHAEL T. Mc, CAUL, Texas ROBIN L. KELLY, Illinois MATT SALMON, Arizona GREGORY W. MEEKS, New York RON De, SANTIS, Florida ALAN GRAYSON, Florida TED S.
LOWENTHAL, California DANIEL DONOVAN, New York City C O N T E N T S ---------- Page WITNESSES Mr. Eric Farnsworth, vice president, Council of the Americas and Americas Society ... ... ... ... ... ... ... ...... 4 Ms. Sally Yearwood, executive director, Caribbean-Central American Action ... ... ... ... ... ... ... ... ... ... 10 His Excellency Richard Bernal, pro-vice chancellor for global affairs, University of the West Indies in Jamaica ... ... ... 24 LETTERS, DECLARATIONS, AND SO ON, SUBMITTED FOR THE HEARING Mr. Eric Farnsworth: Prepared statement ... ... ... ...... 7 Ms. Sally Yearwood: Prepared declaration ... ... ... ...... 13 His Excellency Richard Bernal: Prepared statement ... ...... 26 APPENDIX Hearing notice ... ... ... ... ... ... ... ... ...... 40 Hearing minutes ... ... ... ... ... mytimeshare com ... ... ... ... ... 41 THE TACTICAL VALUE OF BUILDING A STRONGER U.S.-- CARIBBEAN COLLABORATION ---------- THURSDAY, JULY 14, 2016 Legislature, Subcommittee on the Western Hemisphere, Committee on Foreign Affairs, Washington, DC. Jeff Duncan (chairman of the subcommittee )presiding. Mr. Duncan. Okay. A quorum being present, the subcommittee will concern order.
I would now like to acknowledge myself for an opening statement. Thank you, men, for your patience. Today, we need to highlight an extremely crucial region in our hemisphere that unfortunately frequently gets neglected. Many of our Caribbean friends have actually consistently prompted the United States to pay more attention to the time share foreclosure Caribbean, and I want you to understand that I have actually heard you. I would likewise like to thank Ranking Member Sires in particular for his management in working to prioritize this subcommittee's focus on the Caribbean. However, while these are certainly essential strengths for the region, the Caribbean has a lot more to provide which U.S. services, universities, and local.
neighborhoods need to consider when preparing future financial investment, academic research study, or where to establish stronger financial ties. Among the main tools of U.S. engagement with CARICOM nations is the Caribbean Basin Effort, or CBI, which was produced in 1983. Can we turn that noise down a bit, sir? Can we turn that down simply a bit? Okay. Which was developed in 1983 and has consequently expanded to offer 17 countries and dependent areas with duty-free access to U.S. This engagement has actually led to a 44-percent increase in U.S. exports to the Caribbean over the previous ten years, and in 2015 the total trade relationship in between the U.S.
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and the Caribbean was $33. 4 billion. I believe it is crucial to deal with our next-door neighbors to mutually promote economic growth through trade liberalization, regard for the guideline of law, and adherence to free enterprise concepts in order to achieve success that is sustainable for the area. How long can you finance a used car. In addition, I am a company supporter of deeper U.S.-Caribbean energy relations. To me it is a win-win circumstance. U.S. has an abundance of oil, gas, and technical competence, and the Caribbean has some of the highest energy costs on the planet and needs to lower these expenses by developing facilities for providing energy, incorporating energy markets to draw in investment and financing, and develop timeshare exit lawyers near me pipelines and liquified gas frameworks. After all, the United States is the biggest energy producer in the Western Hemisphere; collectively with Mexico and Canada, North America accounts for 71 percent of the hemisphere.
's petroleum and 28 percent of gas reserves in the hemisphere. Likewise, Argentina, Brazil, Colombia, Peru, and Trinidad and Tobago have considerable oil and gas production. In my view, freedom-loving, market-friendly, energy-producing countries in this hemisphere ought to be working more closely together to pursue hemisphere-acquired, energy self-reliance which means assisting non-energy producing countries including the Caribbean neighbors in reaching this objective. Eventually, if the Western Hemisphere were more energy independent it would go a long method to changing our societies and security and self-reliance and our financial growth. and CARICOM. However, I stay concerned about the growing security challenges in the region from transnational criminal organizations that seek to utilize the region to ship drugs, migrants, and contraband to United States shores. The Caribbean Basin.
Security Initiative is another tool the United States has actually utilized given that 2010 to attend to regional security problems, and given the Caribbean's tactical location to U.S. homeland, we need to keep thinking about methods to enhance CBSI and better comply with the regional partners to control borders, block criminal groups 'capability to make use of permissive environments to their advantage. I am also worried about the people from the Caribbean that have actually joined Islamic extremist companies. Southern Command, General Kelly, affirmed before Congress that near 100 individuals had left the Caribbean to go battle in Syria. At a subsequent instruction, he specifically called Jamaica, Siriname, and Trinidad and Tobago as having had people leave for the battleground. These threats to the United States and regional security ought to inspire everyone; give all of us a higher willingness to do more to enhance security cooperation. Additionally, I wish to explain at a previous subcommittee hearing on border security risks in the region, I raised issues regarding reports that I had seen about citizen by investment programs in the Caribbean which have enabled scams, corruption, and exploitation by foreign nationals.