I acknowledge your support and friendship, and I applaud your guts of conviction to speak the fact to power even when it is difficult. These countries that chose to avoid voting or voted against the resolution at the OAS relating to the scenario in Venezuela, I desire you to understand that your choice only enhances injustice and tyranny in the Americas.
It is my.
hope that you will reconsider how your vote on these kind of issues in the future. Ultimately, we all have a responsibility to actively secure flexibility in the Americas, however that can just need really difficult choices. Mr. Sires. Thank you, Mr. Chairman, for interacting on this hearing, and I want to thank the what does floating week mean in timeshares witnesses for being here today. Thank you very much. The Caribbean is frequently referred to as America's third border and I agree with this description. With practically 45 million people incorporating 16 independent countries and 14 abroad areas, the Caribbean is a varied region that consists of a few of the hemisphere's wealthiest.
and poorest nations. It is a region of great economic and cultural, political and security ties to the United States. The U.S.-Caribbean relationship is identified by extensive financial linkages, substantial security cooperation, and continued U.S. Over the previous 3 years, the administration has actually put forth a brand-new effort supporting energy diversification and tidy, sustainable energy jobs to improve the region's energy security and to assist it move away 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 rescue itself from economic and political collapse. In the middle of these uncomfortable times we should work.
with our Caribbean partners to diversify energy sources, enhance their economies, and develop upon a mutual security interest. On the legal front, last month your home approved H (Why are you interested in finance).R. Which of the following can be described as involving direct finance. This act is created to increase engagement with the Caribbean that requires the Secretary of State to submit a multiyear plan to Congress for U.S. engagement with the Caribbean regions and update on its U.S. diplomatic effort to engage the eastern Caribbean countries. As a worldwide power, the United States deals with obstacles and risks from every corner of the world. Nevertheless, it is important that we stay engaged in the Western Hemisphere and not lose sight of our interests so near home. 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 enhance its partnership with our Caribbean neighbors. Mr. Duncan. I will thank the ranking member, and I will just say I don't understand how many other members we are going to have today. We have adjourned for the August recess break and we desired to continue. Understanding that we were going to adjourn, we were willing to continue with this hearing since that is how crucial it is to the ranking member and myself, so do not believe due to the fact that no other members appear that it isn't an essential issue to the committee and to the subcommittee. And I eagerly anticipate speaking with the witnesses who are extremely well getting rid of a timeshare known to the.
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committee so their bios are offered 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 quite for continuing with the hearing on such an essential subject. Thank you for your leadership in general on these issues as well as the Caribbean particularly, and Mr. Ranking Member, you also. It is really crucial to have a bipartisan voice on these problems and we note that. We take fulfillment in that and thank you Click here! for that leadership, and we ask that that would continue in some way given the significance of the issues at hand. The United States does have strategic concerns.
in the Caribbean Basin and we don't frequently talk about it because method, but in my view they are strategic, from support for democratic institutions-- a few of which are rather vulnerable; some of which are strong and enduring-- we have security interests including drug trafficking, counterterrorism, the battle versus financial criminal offenses, certainly immigration and humanitarian concerns, energy, the environment, financial advancement; it is a very broad range of issues 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 want to thank you for putting the pivot on our neighbors in the Caribbean. As you have specified which we have actually seen, and it is not just this administration, it is most likely over the last 20 or thirty years where we have taken our eye off the ball in the Caribbean. When we have country 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 begin losing our competitiveness and we have seen that.
And it is so important down in that location and we want individuals, you know, primary is to be protected because area. And with the disputes going on worldwide we don't want them to invade because location and regrettably, we are beginning to see that. And I believe one of the most significant 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 come to power and when they fall there is a vacuum filled. We have actually seen that around the world.