[Home Hearing, 114 Congress] [From the U - How to find the finance charge.S. Federal Government Publishing Office] 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 HOUSE OF REPRESENTATIVES ONE HUNDRED FOURTEENTH CONGRESS SECOND SESSION JULY 14, 2016 Serial No. 114-189 Printed for making use of the Committee on Foreign Affairs [GRAPHIC( S) NOT OFFERED IN TIFF FORMAT] Available via the Internet: 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 Documents, U.S. Government Publishing Workplace 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 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 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 to finance a home addition. RIBBLE, Wisconsin DAVID A. TROTT, Michigan LEE M. ZELDIN, New York DANIEL DONOVAN, New York City Amy Porter, Chief of Personnel 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.
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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 declaration ... ...... 26 APPENDIX Hearing notification ... ... ... ... ... ... ... ... ...... 40 Hearing minutes ... ... ... ... ... ... ... ... ... ... 41 THE TACTICAL VALUE OF BUILDING 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 concern order.
I would now like to recognize myself for an opening declaration. Thank you, guys, for your perseverance. Today, we need to highlight an extremely essential area in our hemisphere that unfortunately typically gets overlooked. A lot of our Caribbean good friends have actually consistently prompted the United States to pay more attention to the 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 definitely important strengths for the region, the Caribbean has much more to provide which U.S. companies, universities, and regional.
communities ought to consider when preparing future investment, academic research study, or where to establish stronger economic ties. One of the main tools of U.S. engagement with CARICOM nations is the Caribbean Basin Initiative, or CBI, which was created in 1983. Can we turn that noise down a little bit, sir? Can we turn that down simply a bit? Okay. Which music city grand prix tickets was created in 1983 and has subsequently broadened to provide 17 countries and reliant territories with duty-free access to U.S. This engagement has led to a 44-percent increase in U.S. exports to the Caribbean over the past 10 years, and in 2015 the total trade relationship between the U.S.
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and the Caribbean was $33. 4 billion. I think it legitimate timeshare resale companies is crucial to deal with our neighbors to equally promote economic development through trade liberalization, respect for the guideline of law, and adherence to complimentary market concepts in order to achieve prosperity that is sustainable for the area. How to become a finance manager at a car dealership. In addition, I am a firm supporter of much deeper U.S.-Caribbean energy relations. To me it is a win-win situation. U.S. has an abundance of oil, natural gas, and technical know-how, and the Caribbean has https://simoncqru.bloggersdelight.dk/2022/04/15/3-simple-techniques-for-how-to-finance-a-new-business/ a few of the greatest energy costs in the world and needs to decrease these expenses by building infrastructure for delivering energy, integrating energy markets to draw in investment and financing, and develop pipelines and liquified gas frameworks. After all, the United States is the biggest energy 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 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 ought to be working more closely together to pursue hemisphere-acquired, energy independence and that indicates helping non-energy producing countries including the Caribbean next-door neighbors in reaching this goal. Eventually, 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 development. and CARICOM. However, I stay concerned about the growing security difficulties in the region from multinational criminal companies that look for to utilize the area to deliver drugs, migrants, and contraband to United States shores. The Caribbean Basin.
Security Initiative is another tool the United States has utilized given that 2010 to attend to regional security concerns, and offered the Caribbean's strategic location to U.S. homeland, we require to keep thinking about methods to improve CBSI and better cooperate with the regional partners to manage borders, obstruct criminal groups 'ability to exploit permissive environments to their benefit. I am also concerned about individuals from the Caribbean that have actually joined Islamic extremist companies. Southern Command, General Kelly, testified prior to Congress that near to 100 individuals had left the Caribbean to go fight in Syria. At a subsequent instruction, he particularly called Jamaica, Siriname, and Trinidad and Tobago as having had individuals leave for the battlefield. These threats to the United States and regional security should motivate all of us; provide all of us a greater desire to do more to enhance security cooperation. Furthermore, I desire to point out at a previous subcommittee hearing on border security dangers in the area, I raised issues regarding reports that I had seen about person by investment programs in the Caribbean which have allowed fraud, corruption, and exploitation by foreign nationals.
