I recognize your assistance and friendship, and I applaud your nerve of conviction to speak the reality to power even when it is tough. These nations that picked to abstain from ballot or voted versus the resolution at the OAS relating to the circumstance in Venezuela, I want you to understand that your decision just enhances injustice and tyranny in the Americas.
It is my.
hope that you will reconsider how your vote on these kind of issues in the future. Eventually, we all have an obligation to actively secure flexibility in the Americas, however that can just need very 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 quite. The Caribbean is typically explained as America's 3rd border and I agree with this description. With nearly 45 million individuals incorporating 16 independent countries and 14 overseas areas, the Caribbean is a diverse region that includes some of the hemisphere's richest.
and poorest countries. It is a region of excellent financial and cultural, political and security ties to the United States. The U.S.-Caribbean relationship is identified by substantial economic linkages, substantial security cooperation, and continued U.S. Over the previous 3 years, the administration has presented a new effort supporting energy diversification and clean, sustainable energy tasks to enhance the region's energy security and to assist it move far from its dependence on oil from Venezuela. Venezuela, which has long subsidized energy expenses to many Latin American and Caribbean countries, must turn inward to save itself from financial and political collapse. In the middle of these troubling times we must work.
with our Caribbean partners to diversify energy sources, enhance their economies, and construct upon a mutual security interest. On the legislative front, last month the House authorized H (How to finance a house flip).R. What is a consumer finance account. This act is designed to increase engagement with the Caribbean that needs the Secretary of State to send a multiyear strategy to Congress for U.S. engagement with the Caribbean regions and update on its U.S. diplomatic effort to engage the eastern Caribbean nations. As an international power, the United States faces challenges and dangers from every corner of the world. However, it is vital that we stay participated in the Western Hemisphere and not forget our interests so close to house. I eagerly anticipate hearing from our witnesses on how the U.S. efforts in the Caribbean can improve and how America can continue to strengthen its collaboration with our Caribbean next-door neighbors. Mr. Duncan. I will thank the ranking member, and I will simply state I do not understand the number 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 wanted to continue with this hearing since that is how important it is to the ranking member and myself, so don't think due to the fact that no other members appear that https://fortunetelleroracle.com/credit-score-improvement-tips/some-known-factual-statements-about-what-do-you-do-with-a-finance-degree-612327 it isn't an essential concern to the committee and to the subcommittee. And I anticipate hearing from the witnesses who are effectively known to the.
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committee so their bios are offered to us, and I will acknowledge 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 important subject. Thank you for Browse around this site your management overall on these concerns in addition to the Caribbean particularly, and Mr. Ranking Member, you as well. It is actually essential to have a bipartisan voice on these issues and we keep in mind that. We take complete satisfaction in that and thank you for that leadership, and we ask that that would continue in some way provided the value of the issues at hand. The United States does have tactical problems.
in the Caribbean Basin and we do not often talk about it in that method, but in my view they are strategic, from support for democratic institutions-- some of which are rather delicate; some of which are strong and enduring-- we have security interests consisting of drug trafficking, counterterrorism, the battle versus monetary criminal activities, undoubtedly immigration and humanitarian concerns, energy, the environment, economic advancement; it is an extremely large range of problems 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 desire to thank you for putting the pivot on our next-door neighbors in the Caribbean. As you have stated and that we have seen, and it is not just this administration, it is most likely over the last 20 or thirty years where we have taken our eye off the ball in the Caribbean. When we have nation states that close to us with like cultures, you understand, we value the very same things, our family values, things like that, that close to us, and we take the eye off of that we start losing our competitiveness and we have seen that.
And it is so crucial down in that area and we want individuals, you know, primary is to be safe because getout con area. And with the conflicts going on worldwide we do not desire them to invade because location and regrettably, we are starting to see that. And I think among the most significant 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 concern power and when they fall there is a vacuum filled. We have seen that around the world.