[Home Hearing, 114 Congress] [From the U - What do you need to finance a car.S. Federal Government Publishing Workplace] THE STRATEGIC VALUE OF BUILDING A STRONGER U.S.-- CARIBBEAN COLLABORATION ======================================================================= HEARING BEFORE 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] Readily available through the World Wide 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 Extra resources Superintendent of Files, U.S. Government Publishing Office Internet: 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 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 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. How to finance an engagement ring. 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 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 worldwide affairs, University of the West Indies in Jamaica ... ... ... 24 LETTERS, STATEMENTS, AND SO ON, 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 notification ... ... ... ... ... ... ... ... ...... 40 Hearing minutes ... ... ... ... ... ... ... ... ... ... 41 THE STRATEGIC IMPORTANCE OF STRUCTURE A STRONGER U.S.-- CARIBBEAN PARTNERSHIP ---------- THURSDAY, JULY 14, 2016 Home of Representatives, Subcommittee on the Western Hemisphere, Committee on Foreign Affairs, Washington, DC. Jeff Duncan (chairman of the subcommittee )administering. Mr. Duncan. Okay. A quorum being present, the subcommittee will come to order.
I would now like to acknowledge myself for an opening statement. Thank you, men, for your persistence. Today, we need to highlight a very important region in our hemisphere that sadly typically gets overlooked. A number of our Caribbean friends have consistently advised the United States to pay more attention to the Caribbean, and I desire 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 concentrate on the Caribbean. However, while these are certainly important strengths for the area, the Caribbean has much more to provide which U.S. companies, universities, and local.
communities need to consider when planning future investment, academic research study, or where to develop stronger economic ties. Among the main tools of U.S. engagement with CARICOM countries is the Caribbean Basin Initiative, or CBI, which was produced in 1983. Can we turn that sound down a bit, sir? Can we turn that down just a little bit? Okay. Which was created in 1983 and has actually subsequently broadened to offer 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 wfg home office phone number 10 years, and last year the overall trade relationship between the U.S.
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and the Caribbean was $33. 4 billion. I believe it is vital to work with our next-door neighbors to equally promote economic growth through trade liberalization, regard for the guideline of law, and adherence to free enterprise principles in order to attain prosperity that is sustainable for the region. What credit score is needed to finance a car. In addition, I am a firm fan website of deeper U.S.-Caribbean energy relations. To me it is a win-win circumstance. U.S. possesses an abundance of oil, gas, and technical competence, and the Caribbean has some of the greatest energy expenses worldwide and requires to reduce these costs by constructing infrastructure for delivering energy, incorporating energy markets to attract financial investment and financing, and develop pipelines and liquified gas structures. After all, the United States is the biggest energy producer in the Western Hemisphere; jointly with Mexico and Canada, The United States and Canada represents 71 percent of the hemisphere.
's petroleum and 28 percent of gas reserves in the hemisphere. Likewise, Argentina, Brazil, Colombia, Peru, and Trinidad and Tobago have considerable oil and natural gas production. In my view, freedom-loving, market-friendly, energy-producing countries in this hemisphere should be working more carefully together to pursue hemisphere-acquired, energy independence which implies helping non-energy producing countries consisting of the Caribbean neighbors in reaching this goal. Ultimately, if the Western Hemisphere were more energy independent it would go a long way to changing our societies and security and self-reliance and our economic development. and CARICOM. However, I remain worried about the growing security challenges in the region from multinational criminal companies that look for to use the region to deliver drugs, migrants, and contraband to United States shores. The Caribbean Basin.
Security Initiative is another tool the United States has actually utilized given that 2010 to resolve regional security concerns, and provided the Caribbean's tactical location to U.S. homeland, we need to keep thinking about ways to improve CBSI and better comply with the regional partners to manage borders, obstruct criminal groups 'capability to exploit liberal environments to their benefit. I am likewise worried about individuals from the Caribbean that have joined Islamic extremist organizations. Southern Command, General Kelly, testified prior to Congress that near 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 people leave for the battleground. These hazards to the United States and local security should encourage everybody; give all of us a higher willingness to do more to strengthen security cooperation. Moreover, I wish to mention at a previous subcommittee hearing on border security threats in the region, I raised concerns regarding reports that I had seen about citizen by investment programs in the Caribbean which have actually made it possible for scams, corruption, and exploitation by foreign nationals.