[Home Hearing, 114 Congress] [From the U - How to finance building a home.S. Federal Government Publishing Workplace] THE STRATEGIC SIGNIFICANCE OF BUILDING A STRONGER U.S.-- CARIBBEAN COLLABORATION ======================================================================= HEARING BEFORE THE SUBCOMMITTEE ON THE WESTERN HEMISPHERE OF THE COMMITTEE ON FOREIGN AFFAIRS LEGISLATURE ONE HUNDRED FOURTEENTH CONGRESS SECOND SESSION JULY 14, 2016 Look at more info Serial No. 114-189 Printed for the usage of the Committee on Foreign Affairs [GRAPHIC( S) NOT OFFERED IN TIFF FORMAT] Readily available via the World Wide Web: http://www. foreignaffairs.house. gov/ or http://www. gpo.gov/ fdsys/ _ U.S. FEDERAL GOVERNMENT PUBLISHING WORKPLACE 20-749PDF WASHINGTON: 2016 ----------------------------------------------------------------------- For sale by the Superintendent of Files, U.S. Federal Government Publishing Office Web: book shop.
ROYCE, California, Chairman CHRISTOPHER H. SMITH, New Jersey ELIOT L. ENGEL, New York 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 City 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. How long can you finance a camper. RIBBLE, Wisconsin DAVID A. TROTT, Michigan LEE M. ZELDIN, New York City DANIEL DONOVAN, New York City Amy Porter, Chief of Staff Thomas Sheehy, Personnel Director Jason Steinbaum, Democratic Personnel 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 City 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, STATEMENTS, AND SO ON, SUBMITTED FOR THE HEARING Mr. Eric Farnsworth: Prepared declaration ... ... ... ...... 7 Ms. Sally Yearwood: Prepared declaration ... ... ... ...... 13 His Excellency Richard Bernal: Prepared statement ... ...... 26 APPENDIX Hearing notice ... ... ... ... ... ... ... ... ...... 40 Hearing minutes ... ... ... ... ... ... ... ... ... ... 41 THE TACTICAL IMPORTANCE OF BUILDING A STRONGER U.S.-- CARIBBEAN PARTNERSHIP ---------- 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 existing, the subcommittee will come to order.
I would now like to acknowledge myself for an opening statement. Thank you, guys, for your patience. Today, we need to highlight a very essential area in our hemisphere that sadly often gets neglected. Numerous of our Caribbean buddies have actually repeatedly prompted the United States to pay more attention to the Caribbean, and I desire you to understand that I have heard you. I would likewise like to thank Ranking Member Sires in specific for his management in working to prioritize this subcommittee's focus on the Caribbean. However, while these are definitely essential strengths for the region, the Caribbean has much more to use which U.S. companies, universities, and local.
neighborhoods must think about when preparing future financial investment, scholastic research study, or where to develop more powerful economic ties. One of the main tools of U.S. engagement with CARICOM nations is the Caribbean Basin Effort, or CBI, which was developed in 1983. Can we turn that noise down a little bit, sir? Can we turn that down simply a little bit? Okay. Which was created in 1983 and has consequently broadened to provide 17 countries and reliant areas with duty-free access to U.S. This engagement has resulted in 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 https://danteibab.bloggersdelight.dk/2021/12/01/what-credit-score-is-needed-to-finance-a-car-can-be-fun-for-everyone/ the U.S.
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and the Caribbean was $33. 4 billion. I believe it is important to deal with our next-door neighbors to mutually promote economic growth through trade liberalization, respect for the rule of law, and adherence to complimentary market principles in order to attain prosperity that is sustainable for the region. How to finance a franchise with no money. In addition, I am a company advocate of deeper U.S.-Caribbean energy relations. To me it is a great deal. U.S. has an abundance of oil, gas, and technical competence, and the Caribbean has a few of the highest energy costs worldwide and needs to reduce these costs by building infrastructure for delivering energy, incorporating energy markets to attract financial investment and funding, and establish pipelines and liquified natural gas structures. After all, the United States is the largest 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. Similarly, Argentina, Brazil, Colombia, Peru, and Trinidad and Tobago have considerable oil and natural gas production. In my view, freedom-loving, market-friendly, energy-producing countries in this hemisphere ought to be working more carefully together to pursue hemisphere-acquired, energy self-reliance and that means assisting non-energy producing countries consisting of the Caribbean neighbors in reaching this goal. Ultimately, if the Western Hemisphere were more energy independent it would go a long method to transforming our societies and security and independence and our economic growth. and CARICOM. However, I stay worried about the growing security difficulties in the area from global criminal companies that seek to use the area to ship drugs, migrants, and contraband to United States coasts. The Caribbean Basin.
Security Effort is another tool the United States has used since 2010 to address local security concerns, and provided the Caribbean's tactical area to U.S. homeland, we require to keep thinking about methods to improve CBSI and more efficiently work together with the local partners to manage borders, block criminal groups 'ability to exploit permissive environments to their advantage. I am likewise worried about individuals from the Caribbean that have joined Islamic extremist companies. Southern Command, General Kelly, affirmed before Congress that near to 100 people had actually left the Caribbean to go battle in Syria. At a subsequent rundown, he specifically named Jamaica, Siriname, can you refuse to inherit a timeshare and Trinidad and Tobago as having had people leave for the battleground. These risks to the United States and regional security should inspire everybody; provide all of us a greater desire to do more to reinforce security cooperation. Additionally, I wish to explain at a previous subcommittee hearing on border security threats in the area, I raised concerns concerning reports that I had actually seen about citizen by investment programs in the Caribbean which have actually enabled fraud, corruption, and exploitation by foreign nationals.