[Home Hearing, 114 Congress] [From the U - How long can i finance a used car.S. Federal Government Publishing Office] THE STRATEGIC VALUE OF BUILDING A STRONGER U.S.-- CARIBBEAN COLLABORATION ======================================================================= HEARING PRIOR TO THE SUBCOMMITTEE ON THE WESTERN HEMISPHERE OF THE COMMITTEE ON FOREIGN AFFAIRS LEGISLATURE ONE HUNDRED FOURTEENTH CONGRESS SECOND SESSION JULY 14, 2016 Serial No. 114-189 Printed for using the Committee on Foreign Affairs [GRAPHIC( S) NOT AVAILABLE IN TIFF FORMAT] Offered through the Web: http://www. foreignaffairs.house. gov/ or http://www. gpo.gov/ fdsys/ _ U.S. FEDERAL GOVERNMENT PUBLISHING WORKPLACE 20-749PDF WASHINGTON: 2016 ----------------------------------------------------------------------- For sale by the Superintendent of Documents, U.S. Federal 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 City 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 a car from a private seller. 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 C O N T E N T S ---------- wesley investments 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 international 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 statement ... ...... 26 APPENDIX Hearing notification ... ... ... ... ... ... ... ... ...... 40 Hearing minutes ... ... ... ... ... ... ... ... ... ... 41 THE TACTICAL VALUE OF BUILDING A STRONGER U.S.-- CARIBBEAN COLLABORATION ---------- THURSDAY, JULY 14, 2016 Home of Representatives, Subcommittee on the Western Hemisphere, Committee on Foreign Affairs, Washington, timeshare foreclosure maintenance fees DC. Jeff Duncan (chairman of the subcommittee )administering. Mr. Duncan. Okay. A quorum existing, the subcommittee will concern order.
I would now like to recognize myself for an opening statement. Thank you, people, for your perseverance. Today, we require to highlight an extremely important region in our hemisphere that regrettably frequently gets ignored. A number of our Caribbean pals have actually consistently advised the United States to pay more attention to the Caribbean, and I want you to understand that I have heard you. I would likewise like to thank Ranking Member Sires in particular for his management in working to prioritize this subcommittee's focus on the Caribbean. However, while these are certainly essential wesley financial strengths for the region, the Caribbean has far more to provide which U.S. organizations, universities, and local.
neighborhoods should think about when planning future financial investment, scholastic research, or where to develop more powerful financial ties. One of the primary tools of U.S. engagement with CARICOM countries is the Caribbean Basin Effort, or CBI, which was created in 1983. Can we turn that sound down a little bit, sir? Can we turn that down simply a little bit? Okay. Which was developed in 1983 and has consequently broadened to supply 17 nations and reliant areas with duty-free access to U.S. This engagement has led to a 44-percent boost in U.S. exports to the Caribbean over the past 10 years, and in 2015 the overall trade relationship between the U.S.
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and the Caribbean was $33. 4 billion. I believe it is critical to work with our next-door neighbors to mutually promote economic development through trade liberalization, respect for the rule of law, and adherence to complimentary market concepts in order to accomplish prosperity that is sustainable for the region. How to owner finance a home. In addition, I am a company advocate of deeper U.S.-Caribbean energy relations. To me it is a great deal. U.S. has an abundance of oil, natural gas, and technical knowledge, and the Caribbean has a few of the highest energy costs on the planet and needs to decrease these expenses by developing facilities for providing energy, incorporating energy markets to attract financial investment and funding, and develop 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, The United States and Canada represents 71 percent of the hemisphere.
's petroleum and 28 percent of natural gas reserves in the hemisphere. Likewise, Argentina, Brazil, Colombia, Peru, and Trinidad and Tobago have substantial oil and natural gas production. In my view, freedom-loving, market-friendly, energy-producing countries in this hemisphere ought to be working more carefully together to pursue hemisphere-acquired, energy independence which suggests helping non-energy producing nations consisting of the Caribbean neighbors in reaching this objective. Ultimately, if the Western Hemisphere were more energy independent it would go a long way to transforming our societies and security and independence and our financial growth. and CARICOM. Nevertheless, I stay concerned about the growing security challenges in the area from global criminal organizations that seek to use the area to deliver drugs, migrants, and contraband to United States coasts. The Caribbean Basin.
Security Effort is another tool the United States has used given that 2010 to attend to regional security issues, and offered the Caribbean's strategic place to U.S. homeland, we require to keep thinking about methods to improve CBSI and more effectively work together with the local partners to control borders, obstruct criminal groups 'ability to exploit permissive environments to their benefit. I am likewise concerned about individuals from the Caribbean that have actually joined Islamic extremist organizations. Southern Command, General Kelly, affirmed prior to Congress that close to 100 people had actually left the Caribbean to go battle in Syria. At a subsequent briefing, he specifically named Jamaica, Siriname, and Trinidad and Tobago as having had individuals leave for the battleground. These threats to the United States and regional security should inspire all of us; provide all of us a higher determination to do more to enhance security cooperation. Additionally, I wish to explain at a previous subcommittee hearing on border security hazards in the area, I raised concerns concerning reports that I had actually seen about person by investment programs in the Caribbean which have actually enabled scams, corruption, and exploitation by foreign nationals.