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[House Hearing, 114 Congress] [From the U - What is a consumer finance account.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 HOUSE OF REPRESENTATIVES ONE HUNDRED FOURTEENTH CONGRESS SECOND SESSION JULY 14, 2016 Serial No. 114-189 Printed for the usage of the Committee on Foreign Affairs [GRAPHIC( S) NOT READILY AVAILABLE IN TIFF FORMAT] Offered via the Web: http://www. foreignaffairs.house. gov/ or http://www. gpo.gov/ fdsys/ _ U.S. 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. What can i do with a degree in finance. 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 RON De, SANTIS, Florida ALAN GRAYSON, Florida TED S.

LOWENTHAL, California DANIEL DONOVAN, New York 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, ETC., 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 VALUE OF BUILDING A STRONGER U.S.-- CARIBBEAN COLLABORATION ---------- THURSDAY, JULY 14, chuck mcdowell wiki 2016 Legislature, 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 declaration. Thank you, people, for your patience. Today, we need to highlight a very important area in our hemisphere that regrettably often gets neglected. A number of our Caribbean good friends have actually repeatedly 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 also like to thank Ranking Member Sires in particular for his leadership in working to prioritize this subcommittee's focus on the Caribbean. Nevertheless, while these are certainly crucial strengths for the alternative to timeshare area, the Caribbean has a lot more to use which U.S. organizations, universities, and regional.

neighborhoods ought to think about when planning future investment, scholastic research study, or where to develop stronger economic ties. Among the primary 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 bit, sir? Can we turn that down simply a little bit? Okay. Which was created in 1983 and has subsequently expanded to supply 17 countries and reliant territories with duty-free access to U.S. This engagement has led to a 44-percent boost in U.S. exports to the Caribbean over the previous ten years, and last year the overall 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 next-door neighbors to mutually promote economic growth through trade liberalization, respect for the rule of law, and adherence to complimentary market concepts in order to accomplish success that is sustainable for the area. How long can you finance a used car. In addition, I am a firm supporter of deeper U.S.-Caribbean energy relations. To me it is a great deal. U.S. possesses an abundance of oil, natural gas, and technical know-how, and the Caribbean has some of the highest energy costs worldwide and needs to reduce these costs by building facilities for delivering energy, incorporating energy markets to draw in investment and funding, and establish pipelines and liquified gas structures. After all, the United States is the biggest energy manufacturer in the Western Hemisphere; jointly with Mexico and Canada, The United States and Canada accounts for 71 percent of the hemisphere.

's petroleum and 28 percent of natural gas reserves in foreclosing on a timeshare the hemisphere. Similarly, Argentina, Brazil, Colombia, Peru, and Trinidad and Tobago have considerable oil and gas production. In my view, freedom-loving, market-friendly, energy-producing countries in this hemisphere need to be working more carefully together to pursue hemisphere-acquired, energy self-reliance and that indicates assisting 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 way to transforming our societies and security and self-reliance and our economic growth. and CARICOM. However, I stay worried about the growing security difficulties in the region from multinational criminal companies that seek to utilize the area to deliver drugs, migrants, and contraband to United States shores. The Caribbean Basin.

Security Effort is another tool the United States has utilized considering that 2010 to attend to local security issues, and provided the Caribbean's tactical place to U.S. homeland, we require to keep thinking about ways to improve CBSI and better work together with the regional partners to manage borders, obstruct criminal groups 'ability to exploit permissive environments to their benefit. I am also concerned about the individuals from the Caribbean that have actually signed up with Islamic extremist companies. Southern Command, General Kelly, affirmed before Congress that close to 100 individuals had actually left the Caribbean to go fight in Syria. At a subsequent briefing, he particularly named Jamaica, Siriname, and Trinidad and Tobago as having had individuals leave for the battleground. These risks to the United States and local security should encourage all of us; give all of us a greater desire to do more to strengthen security cooperation. Moreover, I wish to explain at a previous subcommittee hearing on border security risks in the region, I raised issues concerning reports that I had actually seen about resident by financial investment programs in the Caribbean which have made it possible for scams, corruption, and exploitation by foreign nationals.