I acknowledge your assistance and friendship, and I applaud your guts of conviction to speak the fact to power even when it is challenging. These nations that picked to abstain from ballot or voted against the resolution at the OAS concerning the situation in Venezuela, I desire you to know that your choice only enhances injustice and tyranny in the Americas.
It is my.
hope that you will reevaluate how your vote on these kind of problems in the future. Ultimately, we all have a duty to actively protect freedom in the Americas, but that can just need very difficult options. Mr. Sires. Thank you, Mr. Chairman, for collaborating on this hearing, and I wish to thank the witnesses for being here today. Thank you quite. The Caribbean is frequently referred to as America's third border and I agree with this description. With practically 45 million individuals encompassing 16 independent countries and 14 overseas areas, the Caribbean is a diverse region that includes a few of the hemisphere's richest.
and poorest nations. It is an area of great economic and cultural, political and security ties to the United States. The U.S.-Caribbean relationship is characterized by substantial financial linkages, substantial security cooperation, and continued U.S. Over the past 3 years, the administration has presented a brand-new effort supporting energy diversification and tidy, sustainable energy tasks to improve the region's energy security and to assist it move away from its reliance on oil from Venezuela. Venezuela, which has long subsidized energy expenses to many Latin American and Caribbean countries, need to turn inward to save itself from financial and political collapse. Amidst these unpleasant times we must work.
with our Caribbean partners to diversify energy sources, enhance their economies, and build on a shared security interest. On the legislative front, last month the House authorized H (What is a consumer finance company).R. Which of the following was eliminated as a result of 2002 campaign finance reforms?. This act is designed to increase engagement with the Caribbean that requires the Secretary of State to submit a multiyear strategy to Congress for U.S. engagement with the Caribbean areas and upgrade on its U.S. diplomatic effort to engage the eastern Caribbean countries. As a worldwide power, the United States faces difficulties and risks from every corner of the world. Nevertheless, it is vital that we stay taken part in the Western Hemisphere and not lose sight of our interests so near to home. I eagerly anticipate hearing from our witnesses on how the U.S. efforts in the Caribbean can enhance and how America can continue to reinforce its partnership with our Caribbean next-door neighbors. Mr. Duncan. I will thank the ranking member, and I will just state I do not understand the number 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 going to adjourn, we wanted to continue with this hearing since that is how crucial it is to the ranking member and myself, so do not believe since no other members appear that it isn't a crucial issue to the committee and to the subcommittee. And I anticipate speaking with the witnesses who are extremely well known Additional reading 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 an essential subject. Thank you for your leadership overall on these concerns along with the Caribbean specifically, and Mr. Ranking Member, you also. It is really crucial to have a bipartisan voice on these problems read more and we keep in mind that. We take complete satisfaction in that and thank you for that leadership, and we ask that that would continue in some method given the importance of the issues at hand. The United States does have tactical problems.
in the Caribbean Basin and we do not frequently discuss it in that way, however in my view they are tactical, from support for democratic institutions-- a few of which are rather fragile; a few of which are strong and enduring-- we have security interests including drug trafficking, counterterrorism, the fight against monetary crimes, certainly immigration and humanitarian issues, energy, the environment, financial development; it is an extremely large 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 desire to thank you for putting the pivot on our neighbors in the Caribbean. As you have actually stated and that we have seen, and it is not simply this administration, it is probably over the last 20 or 30 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 know, we value how do i get out of my timeshare the same things, our household worths, things like that, that close to 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 area and we want people, you understand, primary is to be protected because area. And with the disputes going on in the world we don't want them to attack in that location and sadly, we are beginning to see that. And I believe among the biggest things is President Maduro, after Chavez, seeing what is going on in Venezuela. And we have actually seen in the past, when you have self-appointed totalitarians that come to power and when they fall there is a vacuum filled. We have seen that around the globe.