I recognize your support and friendship, and I applaud your guts of conviction to speak the fact to power even when it is challenging. These countries that chose to avoid voting or voted against the resolution at the OAS relating to the scenario in Venezuela, I want you to know that your choice only enhances oppression and tyranny in the Americas.
It is my.
hope that you will reevaluate how your vote on these kind of concerns in the future. Eventually, we all have a duty to actively safeguard liberty in the Americas, but that can only need very difficult choices. Mr. Sires. Thank you, Mr. Chairman, for interacting on this hearing, and I wish to thank the witnesses for being here today. Thank http://dominickgbts081.jigsy.com/entries/general/what-is-the-difference-between-accounting-and-finance-things-to-know-before-you-get-this you quite. The Caribbean is often described as America's third border and I agree with this description. With nearly 45 million people including 16 independent countries and 14 abroad areas, the Caribbean is a diverse area that includes some of the hemisphere's wealthiest.
and poorest countries. It is an area of fantastic economic and cultural, political and security ties to the United States. The U.S.-Caribbean relationship is characterized by extensive economic linkages, substantial security cooperation, and continued U.S. Over the past 3 years, the administration has presented a brand-new effort supporting energy diversity and clean, sustainable energy jobs to enhance the area's energy security and to assist it move far from its reliance on oil from Venezuela. Venezuela, which has long subsidized energy costs to numerous Latin American and Caribbean countries, need to turn inward to rescue itself from economic and political collapse. In the middle of these unpleasant times we should work.
with our Caribbean partners to diversify energy sources, reinforce their economies, More help and build on a mutual security interest. On the legislative front, last month the House approved H (What can i do with a degree in finance).R. Trade credit may be used to finance a major part of a firm's working capital when. This act is created to increase engagement with the donating my timeshare Caribbean that needs the Secretary of State to send a multiyear plan to Congress for U.S. engagement with the Caribbean areas and update on its U.S. diplomatic effort to engage the eastern Caribbean nations. As a worldwide power, the United States faces challenges and dangers from every corner of the world. However, it is crucial that we stay taken part in the Western Hemisphere and not lose sight of our interests so near to house. I anticipate speaking with 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 just say I do not understand how lots of other members we are going to have today. We have adjourned for the August recess break and we wanted to continue. Understanding that we were going to adjourn, we were willing to continue with this hearing since that is how crucial it is to the ranking member and myself, so do not believe since no other members appear that it isn't an important problem to the committee and to the subcommittee. And I anticipate hearing from the witnesses who are extremely well known to the.
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committee so their bios are offered 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 a crucial topic. Thank you for your leadership in general on these concerns in addition to the Caribbean particularly, and Mr. Ranking Member, you also. It is really important to have a bipartisan voice on these issues and we keep in mind that. We take fulfillment in that and thank you for that leadership, and we ask that that would continue in some way given the significance of the problems at hand. The United States does have tactical concerns.
in the Caribbean Basin and we don't typically speak about it in that method, however in my view they are tactical, from support for democratic organizations-- some of which are quite fragile; a few of which are strong and enduring-- we have security interests including drug trafficking, counterterrorism, the battle against monetary criminal offenses, undoubtedly immigration and humanitarian concerns, energy, the environment, financial development; it is a really vast array of issues 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 value you putting this together, and I wish to thank you for putting the pivot on our next-door neighbors in the Caribbean. As you have mentioned which we have seen, and it is not just this administration, it is probably over the last 20 or thirty years where we have actually taken our eye off the ball in the Caribbean. When we have country states that near to us with like cultures, you understand, we value the same things, our household worths, things like that, that near to us, and we take the eye off of that we start losing our competitiveness and we have seen that.
And it is so important down because area and we want people, you understand, number one is to be safe in that location. And with the disputes going on in the world we do not want them to attack in that area and sadly, we are beginning to see that. And I think among the greatest things is President Maduro, after Chavez, seeing what is going on in Venezuela. And we have 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.
