I acknowledge your support and friendship, and I applaud your nerve of conviction to speak the reality to power even when it is tough. These countries that chose to abstain from voting or voted versus http://archerfsqj757.fotosdefrases.com/some-of-what-does-etf-stand-for-in-finance the resolution at the OAS concerning the scenario in Venezuela, I desire you to understand that your choice just enhances injustice and tyranny in the Americas.
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hope that you will reconsider how your vote on these kind of concerns in the future. Ultimately, all of us have a duty to actively safeguard flexibility in the Americas, but that can only need very hard choices. Mr. Sires. Thank you, Mr. Chairman, for interacting on this hearing, and I desire to thank the witnesses for being here today. Thank you very much. The Caribbean is often referred to as America's 3rd border and I concur with this description. With nearly 45 million individuals encompassing 16 independent countries and 14 abroad territories, the Caribbean is a varied region that includes some of the hemisphere's wealthiest.
and poorest nations. It is a region of terrific economic and cultural, political and security ties to the United States. The U.S.-Caribbean relationship is identified by comprehensive financial linkages, considerable security cooperation, and continued U.S. Over the past 3 years, the administration has actually put forth a brand-new effort supporting energy diversity and clean, sustainable energy jobs to improve the area's energy security and to assist it move far from its dependence on oil from Venezuela. Venezuela, which has long subsidized energy costs to many Latin American and Caribbean countries, need to turn inward to save itself from economic and political collapse. In the middle of these unpleasant times we must work.
with our Caribbean partners to diversify energy sources, strengthen their economies, and build on a shared security interest. On the legal front, last month your home authorized H (Which of the following can be described as involving direct finance).R. How old of a car will a bank finance. This act is designed to increase engagement with the Caribbean that requires the Secretary of State to send a multiyear plan to Congress for U.S. engagement with the Caribbean regions and upgrade on its U.S. diplomatic effort to engage the eastern Caribbean countries. As a worldwide power, the United States faces obstacles and threats from every corner of the world. However, it is crucial that we remain engaged in the Western Hemisphere and not lose sight of our interests so close to house. I look forward to hearing from our witnesses on how the U.S. efforts in the Caribbean can enhance and how America can continue to reinforce its partnership with our Caribbean next-door neighbors. Mr. Duncan. I will thank the ranking member, and I will simply state I don't know how numerous other members we are going to have today. We have actually adjourned for the August recess break and we wanted to continue. Knowing that we were going to adjourn, we were ready to continue with this hearing because that is how important it is to the ranking member and myself, so don't believe because no other members appear that it isn't a crucial issue to the committee and to the subcommittee. And I look forward to hearing from the witnesses who are effectively known to the.
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committee so their bios are readily available 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 really much for continuing with the hearing on such an essential topic. Thank you for your management overall on these problems in addition to the Caribbean specifically, and Mr. Ranking Member, you as well. It is truly crucial to have a bipartisan voice on these concerns and we keep in mind that. We take complete satisfaction in that and thank you for that management, and we ask that that would continue in some way offered the significance of the issues at hand. The United States does have strategic issues.
in the Caribbean Basin and we do not typically speak about it because method, but in my view they are tactical, from assistance for democratic organizations-- some of which are rather vulnerable; a few of which are strong and long-lasting-- we have security interests consisting of drug trafficking, counterterrorism, the battle against monetary criminal activities, obviously immigration and humanitarian issues, energy, the environment, financial advancement; it is a really large range of concerns 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 actually specified which we have seen, and it is not simply this administration, it is most likely Visit website over the last 20 or 30 years where we have actually taken our eye off the ball in the Caribbean. When we have country states that close to us with like cultures, you know, we value the same things, our household values, things like that, that near to us, and we take the eye off of that we begin losing our competitiveness and we have actually seen is a timeshare a good idea that.
And it is so crucial down because area and we want people, you know, number one is to be protected in that area. And with the disputes going on in the world we do not desire them to invade in that area and unfortunately, we are starting to see that. And I believe one of the biggest 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 totalitarians that concern power and when they fall there is a vacuum filled. We have actually seen that worldwide.