[Home Hearing, 114 Congress] [From the U - How old of an rv can you finance.S. Government Publishing Workplace] THE STRATEGIC SIGNIFICANCE OF STRUCTURE A STRONGER U.S.-- CARIBBEAN PARTNERSHIP ======================================================================= HEARING PRIOR TO THE SUBCOMMITTEE ON THE WESTERN HEMISPHERE OF THE COMMITTEE ON FOREIGN AFFAIRS LEGISLATURE ONE HUNDRED FOURTEENTH CONGRESS SECOND SESSION JULY 14, 2016 Serial No. 114-189 Printed for the use of the Committee on Foreign Affairs [GRAPHIC( S) NOT AVAILABLE IN TIFF FORMAT] Readily available via the World Wide Web: http://www. foreignaffairs.house. gov/ or http://www. gpo.gov/ fdsys/ _ U.S. GOVERNMENT PUBLISHING OFFICE 20-749PDF WASHINGTON: 2016 ----------------------------------------------------------------------- For sale by the Superintendent of Documents, U.S. Federal Government Publishing Office Internet: 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 City 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 average timeshare maintenance fee K.
YOHO, Florida ROBIN L. KELLY, Illinois CURT CLAWSON, Florida BRENDAN F. BOYLE, Pennsylvania SCOTT Des, JARLAIS, Tennessee REID J. How to finance building a home. RIBBLE, Wisconsin DAVID A. TROTT, Michigan LEE M. ZELDIN, New York DANIEL DONOVAN, New York City Amy Porter, Chief of Staff Thomas Sheehy, Staff 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 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 worldwide affairs, University of the West Indies in Jamaica ... ... ... 24 LETTERS, DECLARATIONS, ETC., SUBMITTED FOR THE HEARING Mr. Eric Farnsworth: Prepared statement ... ... ... ...... 7 Ms. Sally Yearwood: Prepared statement ... ... ... ...... 13 His Excellency Richard Bernal: Prepared statement ... ...... 26 APPENDIX Hearing notification ... ... ... ... ... ... ... ... ...... 40 Hearing minutes ... ... ... ... ... ... ... ... ... ... 41 THE STRATEGIC IMPORTANCE OF STRUCTURE A STRONGER U.S.-- CARIBBEAN COLLABORATION ---------- THURSDAY, JULY 14, 2016 Home of Representatives, 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 pertain to order.
I would now like to acknowledge myself for an opening statement. Thank you, men, for your persistence. Today, we need to highlight a very essential region in our hemisphere that regrettably frequently gets neglected. Many of our Caribbean buddies have consistently advised the United States to pay more attention to the Caribbean, and I want you to understand that I have heard you. I would also like to thank Ranking Member Sires in specific for his leadership in working to prioritize this subcommittee's focus on the Caribbean. Nevertheless, while these are certainly essential strengths for the region, the Caribbean has a lot more to use which U.S. companies, universities, and local.
neighborhoods must think about when preparing future financial investment, academic research, or where to develop stronger financial ties. Among the main tools of U.S. engagement with CARICOM nations is the Caribbean Basin Initiative, or CBI, which was developed in 1983. Can we turn that noise down a bit, sir? Can we turn that down just a little bit? Okay. Which was created in 1983 and has actually subsequently broadened to provide 17 countries and dependent 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 past ten years, and last year the total trade relationship in between the U.S.
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and the Caribbean was $33. 4 billion. I think it is crucial to deal with our neighbors to mutually promote economic growth through trade liberalization, regard for the rule of law, and adherence to complimentary market principles in order to achieve prosperity that is sustainable for the region. Accounting vs finance which is harder. In addition, I am a firm fan of much deeper U.S.-Caribbean energy relations. To me it is a great deal. U.S. has an abundance of oil, gas, and technical knowledge, and the Caribbean has a few of the highest energy costs on the planet and requires to decrease these expenses by building facilities for delivering energy, integrating energy markets to draw in financial investment and funding, and develop pipelines and liquified gas frameworks. After all, the United States is the largest energy how to get rid of parents timeshare manufacturer in the Western Hemisphere; collectively with Mexico and Canada, North America accounts for 71 percent of the hemisphere.
's petroleum and 28 percent of natural gas reserves in the hemisphere. Likewise, Argentina, Brazil, Colombia, Peru, and Trinidad and Tobago have significant oil and natural gas production. In my view, freedom-loving, market-friendly, energy-producing nations in this hemisphere need to be working more carefully together to pursue hemisphere-acquired, energy self-reliance which means assisting non-energy producing nations consisting of the Caribbean next-door neighbors in reaching this objective. Ultimately, if the Western Hemisphere were more energy independent it would go a long way to transforming our societies and security and self-reliance and our financial growth. and CARICOM. Nevertheless, I stay concerned about the growing security challenges in the area from multinational criminal companies that seek to use the region to ship drugs, migrants, and contraband to United States defaulting on timeshares coasts. The Caribbean Basin.
Security Initiative is another tool the United States has utilized considering that 2010 to attend to regional security concerns, and provided the Caribbean's strategic area to U.S. homeland, we require to keep considering methods to enhance CBSI and more effectively cooperate with the regional partners to control borders, obstruct criminal groups 'ability to make use of liberal environments to their advantage. I am likewise worried about the individuals from the Caribbean that have signed up with Islamic extremist companies. Southern Command, General Kelly, affirmed before Congress that near 100 people had actually left the Caribbean to go fight in Syria. At a subsequent instruction, he specifically called Jamaica, Siriname, and Trinidad and Tobago as having had individuals leave for the battlefield. These dangers to the United States and regional security ought to encourage everyone; give us all a greater willingness to do more to reinforce security cooperation. Additionally, I desire to mention at a previous subcommittee hearing on border security risks in the area, I raised issues relating to reports that I had actually seen about resident by investment programs in the Caribbean which have actually enabled scams, corruption, and exploitation by foreign nationals.