[Home Hearing, 114 Congress] [From the U - How to find the finance charge.S. Government Publishing Workplace] THE STRATEGIC SIGNIFICANCE 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 through the Web: http://www. foreignaffairs.house. gov/ or http://www. gpo.gov/ fdsys/ _ U.S. FEDERAL GOVERNMENT PUBLISHING OFFICE 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 City ILEANA ROS-LEHTINEN, Florida BRAD SHERMAN, California DANA ROHRABACHER, California GREGORY W. MEEKS, New York City STEVE CHABOT, Ohio ALBIO SIRES, New Jersey Go to the website 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. Which of the following was eliminated as a result of 2002 campaign finance reforms?. RIBBLE, Wisconsin DAVID A. TROTT, Michigan LEE M. ZELDIN, New York DANIEL DONOVAN, New York 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 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 global 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 declaration ... ... ... ...... 13 His Excellency Richard Bernal: Prepared declaration ... ...... 26 APPENDIX Hearing notice ... ... ... ... ... ... ... ... ...... 40 Hearing minutes ... ... ... ... ... ... ... ... ... ... 41 THE STRATEGIC http://simonskrv051.wpsuo.com/8-simple-techniques-for-what-does-leverage-mean-in-finance SIGNIFICANCE OF BUILDING A STRONGER U.S.-- CARIBBEAN COLLABORATION ---------- THURSDAY, JULY 14, 2016 Legislature, Subcommittee on the Western Hemisphere, Committee on Foreign Affairs, Washington, DC. Jeff Duncan (chairman of the subcommittee )presiding. Mr. Duncan. Okay. A quorum being present, the subcommittee will concern order.
I would now like to recognize myself for an opening declaration. Thank you, men, for your persistence. Today, we need to highlight a really crucial region in our hemisphere that sadly typically gets ignored. Much of our Caribbean pals have repeatedly prompted the United States to pay more attention to the Caribbean, and I want you to know 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 concentrate on the Caribbean. However, while these are certainly important strengths for the region, the Caribbean has much more to offer which U.S. organizations, universities, and regional.
communities must think about when preparing future financial investment, academic 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 produced in 1983. Can we turn that noise down a bit, sir? Can we turn that down simply a bit? Okay. Which was produced in 1983 and has actually subsequently expanded to provide 17 nations and reliant territories with duty-free access to U.S. This engagement has actually caused a 44-percent increase in U.S. exports to the Caribbean over the past 10 years, and in 2015 the total trade relationship in between the U.S.
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and the Caribbean was $33. 4 billion. I think it is important to work with our next-door neighbors to equally promote economic growth through trade liberalization, respect for the guideline of law, and adherence to free market concepts in order to attain success that is sustainable for the region. What do you need to finance a car. In addition, I am a firm fan of deeper U.S.-Caribbean energy relations. To me it is a win-win scenario. U.S. possesses an abundance of oil, natural gas, and technical knowledge, and the Caribbean has some of the greatest energy expenses worldwide and needs to reduce these costs by constructing infrastructure for providing energy, integrating energy markets to bring in chuck mcdowell investment and funding, and establish pipelines and liquified natural gas frameworks. After all, the United States is the biggest energy manufacturer in the Western Hemisphere; jointly with Mexico and Canada, North America represents 71 percent of the hemisphere.
's crude oil and 28 percent of natural gas reserves in the hemisphere. Likewise, Argentina, Brazil, Colombia, Peru, and Trinidad and Tobago have substantial oil and 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 self-reliance which suggests assisting non-energy producing nations including 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 self-reliance and our economic development. and CARICOM. However, I remain concerned about the growing security obstacles in the region from multinational criminal companies that seek to utilize the region to deliver drugs, migrants, and contraband to United States coasts. The Caribbean Basin.
Security Effort is another tool the United States has actually used considering that 2010 to attend to regional security concerns, and provided the Caribbean's strategic location to U.S. homeland, we require to keep thinking about ways to enhance CBSI and more effectively work together with the regional partners to manage borders, obstruct criminal groups 'ability to make use of liberal environments to their advantage. I am likewise worried about individuals from the Caribbean that have actually joined Islamic extremist organizations. Southern Command, General Kelly, testified before Congress that close to 100 individuals had left the Caribbean to go battle in Syria. At a subsequent rundown, he specifically named Jamaica, Siriname, and Trinidad and Tobago as having had individuals leave for the battleground. These risks to the United States and regional security need to encourage everyone; provide us all a greater willingness to do more to enhance security cooperation. Furthermore, I want to mention at a previous subcommittee hearing on border security risks in the region, I raised concerns relating to reports that I had actually seen about person by financial investment programs in the Caribbean which have actually enabled fraud, corruption, and exploitation by foreign nationals.