[Home Hearing, 114 Congress] [From the U - What is a cd in finance.S. Federal Government Publishing Office] THE STRATEGIC SIGNIFICANCE OF BUILDING A STRONGER U.S.-- CARIBBEAN PARTNERSHIP ======================================================================= 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 the use of the Committee on Foreign Affairs [GRAPHIC( S) NOT OFFERED IN TIFF FORMAT] Available via the Internet: http://www. foreignaffairs.house. gov/ or http://www. gpo.gov/ fdsys/ _ U.S. GOVERNMENT PUBLISHING WORKPLACE 20-749PDF WASHINGTON: 2016 ----------------------------------------------------------------------- For sale by the Superintendent of Files, U.S. Federal Government Publishing Office Internet: bookstore.
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 City 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 many years can you finance a boat. RIBBLE, Wisconsin DAVID A. TROTT, Michigan LEE M. ZELDIN, New York DANIEL DONOVAN, New York Amy Porter, Chief of Staff Thomas Sheehy, Personnel Director Jason Steinbaum, Democratic Staff 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, https://lorenzofjqo803.hpage.com/post6.html CAUL, Texas ROBIN L. KELLY, Illinois MATT SALMON, Arizona GREGORY W. MEEKS, New York RON De, SANTIS, Florida ALAN GRAYSON, Florida TED S.
LOWENTHAL, California DANIEL DONOVAN, New York 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 here Excellency Richard Bernal, pro-vice chancellor for worldwide 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 declaration ... ...... 26 APPENDIX Hearing notice ... ... ... ... ... ... ... ... ...... 40 Hearing minutes ... ... ... ... ... ... ... ... ... ... 41 THE STRATEGIC VALUE OF BUILDING A STRONGER U.S.-- CARIBBEAN PARTNERSHIP ---------- THURSDAY, JULY 14, 2016 Legislature, Subcommittee on the Western Hemisphere, Committee on Foreign Affairs, Washington, DC. Jeff Duncan (chairman of the subcommittee )presiding. Mr. Duncan. Okay. A quorum being present, the subcommittee will pertain to order.
I would now like to acknowledge myself for an opening statement. Thank you, people, for your patience. Today, we require to highlight a really important region in our hemisphere that regrettably often gets neglected. Many of our Caribbean buddies have repeatedly urged the United States to pay more attention to the Caribbean, and I desire you to understand that I have actually heard you. I would likewise like to thank Ranking Member Sires in specific for his leadership in working to prioritize this subcommittee's concentrate on the Caribbean. However, while these are certainly essential strengths for the region, the Caribbean has far more to provide which U.S. businesses, universities, and local.
communities must think about when planning future investment, scholastic research, or where to establish more powerful economic ties. One of the primary tools of U.S. engagement with CARICOM countries is the Caribbean Basin Effort, or CBI, which was developed in 1983. Can we turn that sound down a little bit, sir? Can we turn that down just a bit? Okay. Which was created in 1983 and has actually consequently expanded to supply 17 countries and reliant areas with duty-free access to U.S. This engagement has actually led to a 44-percent increase in U.S. exports to the Caribbean over the past 10 years, and last year the total trade relationship between the U.S.
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and the Caribbean was $33. 4 billion. I think it is vital to work with our next-door neighbors to mutually promote economic growth through trade liberalization, respect for the guideline of law, and adherence to free enterprise concepts in order to attain success that is sustainable for the area. What was the reconstruction finance corporation. In addition, I am a firm fan of deeper U.S.-Caribbean energy relations. To me it is a great deal. U.S. possesses an abundance of oil, natural gas, and technical expertise, and the Caribbean has a few of the highest energy costs worldwide and requires to lower these expenses by constructing facilities for providing energy, incorporating energy markets to draw in financial investment and financing, and establish pipelines and liquified natural gas frameworks. After all, the United States is the biggest energy producer in the Western Hemisphere; collectively with Mexico and Canada, The United States and Canada accounts for 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 substantial oil and gas production. In my view, freedom-loving, market-friendly, energy-producing countries in this hemisphere should be working more closely together to pursue hemisphere-acquired, energy independence and that means assisting non-energy producing countries 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 changing our societies and security and independence and our economic development. and CARICOM. Nevertheless, I remain concerned about the growing security difficulties in the area from global criminal organizations that seek to use the region to ship drugs, migrants, and contraband to United States shores. The Caribbean Basin.
Security Effort is another tool the United States has used because 2010 to deal with local security problems, and given the Caribbean's tactical area to U.S. homeland, we require to keep considering methods to enhance CBSI and better comply with the local partners to manage borders, obstruct criminal groups 'ability to make use of permissive environments to their advantage. I am likewise worried about the individuals from the Caribbean that have joined Islamic extremist organizations. Southern Command, General Kelly, affirmed prior to Congress that near 100 individuals had actually left the Caribbean to go battle in Syria. At a subsequent briefing, he particularly named Jamaica, Siriname, and Trinidad and Tobago as having had individuals leave for the battlefield. These threats to the United States and local security must encourage everybody; offer all of us a higher determination to do more to strengthen security cooperation. Additionally, I want to point out at a previous subcommittee hearing on border security hazards in the region, I raised issues concerning reports that I had actually seen about citizen timeshare freedom group reviews by investment programs in the Caribbean which have allowed fraud, corruption, and exploitation by foreign nationals.