[Home Hearing, 114 Congress] [From the U - How to become a finance manager at a car dealership.S. Federal Government Publishing Office] THE STRATEGIC VALUE OF BUILDING A STRONGER U.S.-- CARIBBEAN COLLABORATION ======================================================================= HEARING PRIOR TO 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 OFFERED IN TIFF FORMAT] Offered by means of 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 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 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 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 statement ... ... ... ...... 7 Ms. Sally Yearwood: Prepared declaration ... ... ... ...... 13 His Excellency Richard Bernal: Prepared declaration ... ...... 26 APPENDIX Hearing notice ... ... ... ... ... ... ... ... ...... 40 Hearing minutes ... ... ... ... ... ... ... ... ... ... 41 THE STRATEGIC VALUE OF BUILDING A STRONGER U.S.-- CARIBBEAN PARTNERSHIP ---------- THURSDAY, JULY 14, 2016 House of Representatives, Subcommittee on the Western Hemisphere, Committee on Foreign Affairs, Washington, DC. Jeff Duncan (chairman of the subcommittee )administering. 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 persistence. Today, we need to highlight a very essential Go to the website region in our hemisphere that regrettably typically gets neglected. A lot Discover more here of our Caribbean pals have actually repeatedly urged the United States to pay more attention to the Caribbean, and I want 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. Nevertheless, while these are certainly crucial strengths for the region, the Caribbean has a lot more to provide which U.S. organizations, universities, and regional.
communities ought to think about when preparing future investment, scholastic research, or where to establish more powerful economic ties. One of the primary tools of U.S. engagement with CARICOM countries is the Caribbean Basin Effort, or CBI, which was created in 1983. Can we turn that sound down a bit, sir? Can we turn that down just a little bit? Okay. Which was created in 1983 and has actually subsequently expanded to supply 17 nations 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 10 years, and in 2015 the overall trade relationship in between the U.S.
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and the Caribbean was $33. 4 billion. I think it is vital to deal with our neighbors to equally promote financial growth through trade liberalization, regard for the guideline of law, and adherence to free market concepts in order to accomplish prosperity that is sustainable for the area. How do you finance a car. In addition, I am a firm supporter of deeper U.S.-Caribbean energy relations. To me it is a great deal. U.S. has an abundance of oil, gas, and technical know-how, and the Caribbean has some of the greatest energy costs on the planet and requires to decrease these costs by constructing infrastructure for delivering energy, integrating energy markets to bring in investment and funding, and establish pipelines and liquified gas frameworks. After all, the United States is the biggest energy manufacturer in the Western Hemisphere; jointly with Mexico and https://zenwriting.net/germieoxil/they-still-think-they-are-visiting-hemingway-having-a-drink-over-there-at-la Canada, The United States and Canada 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 must be working more carefully together to pursue hemisphere-acquired, energy independence and that suggests helping non-energy producing countries consisting of the Caribbean neighbors in reaching this objective. 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. Nevertheless, I stay concerned about the growing security difficulties in the area from global criminal organizations that look for to utilize the area to deliver drugs, migrants, and contraband to United States coasts. The Caribbean Basin.
Security Initiative is another tool the United States has utilized considering that 2010 to deal with regional security concerns, and given the Caribbean's strategic place to U.S. homeland, we need to keep thinking about ways to improve CBSI and better comply with the local partners to manage borders, block criminal groups 'capability to make use of liberal environments to their benefit. I am likewise concerned about individuals from the Caribbean that have actually joined Islamic extremist organizations. Southern Command, General Kelly, affirmed before Congress that near to 100 people had actually left the Caribbean to go fight in Syria. At a subsequent rundown, he specifically called Jamaica, Siriname, and Trinidad and Tobago as having had individuals leave for the battlefield. These hazards to the United States and regional security must inspire all of us; provide all of us a greater desire to do more to reinforce security cooperation. Moreover, I desire to mention at a previous subcommittee hearing on border security risks in the region, I raised issues relating to reports that I had actually seen about person by investment programs in the Caribbean which have actually allowed fraud, corruption, and exploitation by foreign nationals.