I recognize your assistance and relationship, and I commend your courage of conviction to speak the reality to power even when it is challenging. These countries that selected to avoid voting or voted against the resolution at the OAS relating to the circumstance in Venezuela, I desire you to understand that your choice just enhances oppression and tyranny in the Americas.
It is my.
hope that you will reconsider how your vote on these kind of concerns in the future. Eventually, we all have a duty to actively secure liberty in the Americas, however that can only need very hard options. Mr. Sires. Thank you, Mr. Chairman, for working together on this hearing, and I want to thank the witnesses for being here today. Thank you extremely much. The Caribbean is frequently explained as America's 3rd border and I concur with this description. With practically 45 million individuals encompassing 16 independent countries and 14 abroad areas, the Caribbean is a diverse region that includes some of the hemisphere's richest.
and poorest nations. It is a region of fantastic economic and cultural, political and security ties to the United States. The U.S.-Caribbean relationship is defined by comprehensive economic linkages, considerable security cooperation, and continued U.S. Over the previous 3 years, the administration has actually put forth a new effort supporting energy diversification and clean, sustainable energy jobs to improve the region's energy security and to help it move away from its dependence on oil from Venezuela. Venezuela, which has long subsidized energy expenses to numerous Latin American and Caribbean nations, must turn inward to rescue itself from financial and political collapse. In the middle of these unpleasant times we should work.
with our Caribbean partners to diversify energy sources, enhance their economies, and build on a shared security interest. On the legal front, last month the House authorized H (What do you need to finance a car).R. How to finance a house flip. This act is developed 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 upgrade on its U.S. diplomatic effort to engage the eastern Caribbean nations. As an international power, the United States faces challenges and hazards from every corner of the world. However, it is essential that we remain engaged in the Western Hemisphere and not forget our interests so close to home. I eagerly anticipate speaking with our witnesses how to get out of timeshare legally on how the U.S. efforts in the Caribbean can enhance and how America can continue to enhance its partnership with our Caribbean neighbors. Mr. Duncan. I will thank the ranking member, and I will simply say I do not know how lots of other members we are going to have today. We have actually adjourned for the August recess break and we wished to continue. Understanding that we were https://medium.com/@ingbertstqy131/about-trade-credit-may-be-used-to-finance-a-major-part-of-a-firms-working-capital-when-72ca122ec9cb?source=your_stories_page------------------------------------- going to adjourn, we were prepared to continue with this hearing since that is how important it is to the ranking member and myself, so do not believe because no other members appear that it isn't a vital problem to the committee and to the subcommittee. And I look forward to speaking with the witnesses who are extremely well understood to the.
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committee so their bios are readily available 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 a crucial topic. Thank you for your leadership in general on these concerns as well as the Caribbean particularly, and Mr. Ranking Member, you also. It is truly crucial to have a bipartisan voice on these concerns and we note that. We take satisfaction in that and thank you for that leadership, and we ask that that would continue in some method provided the significance of the concerns at hand. The United States does have strategic problems.
in the Caribbean Basin and we do not typically discuss it because way, but in my view they are strategic, from support for democratic institutions-- a few of which are quite vulnerable; a few of which are strong and enduring-- we have security interests including drug trafficking, counterterrorism, the fight versus monetary criminal offenses, obviously immigration and humanitarian concerns, energy, the environment, financial development; it is a very wide 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 appreciate you putting this together, and I want to thank you for putting the pivot on our neighbors in the Caribbean. As you have mentioned which we have seen, and it is not just this administration, it is most likely over the last 20 or 30 years where we have actually 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 household worths, things like that, that near us, and we take the eye off of that we start losing our competitiveness and we have actually seen that.
And it is so crucial down because area and we want people, you know, number one is to be protected because location. And with the conflicts going on in the world we do not want them to get into in that area and unfortunately, we are beginning to see that. And I think among 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 dictators that concern companies that sell timeshares power and when they fall there is a vacuum filled. We have actually seen that around the world.