I acknowledge your assistance and friendship, and I commend your courage of conviction to speak the fact to power even when it is tough. These nations that chose to avoid ballot or voted against the resolution at the OAS regarding the circumstance in Venezuela, I want you to know that your choice only furthers injustice and tyranny in the Americas.
It is my.
hope that you will reconsider how your vote on these kind of problems in the future. Ultimately, we all have a duty to actively safeguard flexibility in the Americas, however that can only need really difficult choices. Mr. Sires. Thank you, Mr. Chairman, for working together on this hearing, and I wish to thank the witnesses for being here today. Thank you really much. The Caribbean is typically referred to as America's third border and I concur with this description. With almost 45 million people encompassing 16 independent nations and 14 overseas territories, the Caribbean is a varied region that consists of a few of the hemisphere's wealthiest.
and poorest countries. It is an area of excellent financial and cultural, political and security ties to the United States. The U.S.-Caribbean relationship is identified by comprehensive financial linkages, considerable security cooperation, and continued U.S. Over the previous 3 years, the administration has presented a brand-new effort supporting energy diversity and clean, sustainable energy jobs to improve the region's energy security and to assist it move away from its reliance on oil from Venezuela. Venezuela, which has long subsidized energy costs to lots of Latin American and Caribbean countries, must turn inward to rescue itself from financial and political collapse. In the middle of these uncomfortable times we should work.
with our Caribbean partners to diversify energy sources, enhance their economies, and build upon a shared security interest. On the legal front, last month the House authorized H (How to find the finance charge).R. What http://trentontrjc677.lowescouponn.com/what-is-a-warrant-in-finance-things-to-know-before-you-buy is the difference between accounting and finance. This act is created to increase engagement with the Caribbean that requires the Secretary of State to submit a multiyear plan to Congress for U.S. engagement with the Caribbean regions and upgrade on its U.S. diplomatic effort to engage the eastern Caribbean countries. As a worldwide power, the United States deals with difficulties and dangers from every corner of the world. Nevertheless, it is important that we stay participated in the Western Hemisphere and not lose sight of our interests so near to house. I anticipate hearing from our witnesses on how the U.S. efforts in the Caribbean can enhance and how America can continue to enhance its partnership with our Caribbean neighbors. Mr. Duncan. I will thank the ranking member, and I will simply state I do not know how many other members we are going to have today. We have actually adjourned for the August recess break and we wanted to continue. Understanding that we were going to adjourn, we wanted to continue with this hearing since that is how essential it is to the ranking member and myself, so do not believe because no other members appear that it isn't an essential concern to the committee and to the subcommittee. And I look forward to speaking with the witnesses who are effectively known to the.
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committee so their bios are available to us, and I will recognize Eric Farnsworth for 5 minutes. ERIC FARNSWORTH, VICE PRESIDENT, COUNCIL OF THE AMERICAS AND AMERICAS SOCIETY Mr. Farnsworth. Well, Mr. Chairman, thank you quite for continuing with the hearing on such an essential subject. Thank you for your leadership overall on these issues in addition to the Caribbean timeshare how it works particularly, and Mr. Ranking Member, you an answered prayer llc too. It is really crucial to have a bipartisan voice on these concerns and we note that. We take complete satisfaction in that and thank you for that leadership, and we ask that that would continue in some way offered the importance of the problems at hand. The United States does have strategic issues.
in the Caribbean Basin and we do not typically speak about it in that method, however in my view they are tactical, from assistance for democratic institutions-- a few of which are quite fragile; a few of which are strong and long-lasting-- we have security interests consisting of drug trafficking, counterterrorism, the battle against financial criminal activities, certainly immigration and humanitarian concerns, energy, the environment, economic advancement; it is a very vast array of concerns to which the United States has interest. Mr. Sires. Thank you. Mr. Chairman. Mr. Duncan. The Chair will now go to Mr. Yoho from Florida. Mr. Yoho. Mr. Chairman, I appreciate you putting this together, and I wish to thank you for putting the pivot on our neighbors in the Caribbean. As you have actually stated and that we have actually seen, and it is not just this administration, it is most likely over the last 20 or 30 years where we have actually taken our eye off the ball in the Caribbean. When we have nation states that near us with like cultures, you know, we value the exact same things, our household values, things like that, that near to us, and we take the eye off of that we start losing our competitiveness and we have actually seen that.
And it is so crucial down because location and we want people, you know, top is to be protected in that area. And with the conflicts going on in the world we do not desire them to attack because area and regrettably, we are beginning to see that. And I believe among the biggest things is President Maduro, after Chavez, seeing what is going on in Venezuela. And we have actually seen in the past, when you have self-appointed dictators that pertain to power and when they fall there is a vacuum filled. We have seen that around the globe.