[House Hearing, 114 Congress] [From the U - Which results are more likely for someone without personal finance skills? Check all that apply..S. Federal Government Publishing Office] THE STRATEGIC VALUE OF STRUCTURE A STRONGER U.S.-- CARIBBEAN PARTNERSHIP ======================================================================= HEARING BEFORE THE SUBCOMMITTEE ON THE WESTERN HEMISPHERE OF THE COMMITTEE ON FOREIGN AFFAIRS HOME OF REPRESENTATIVES ONE HUNDRED FOURTEENTH CONGRESS SECOND SESSION JULY 14, 2016 Serial No. 114-189 Printed for making use of the Committee on Foreign Affairs [GRAPHIC( S) NOT OFFERED IN TIFF FORMAT] Readily available by means of the Web: http://www. foreignaffairs.house. gov/ or http://www. gpo.gov/ fdsys/ _ U.S. FEDERAL GOVERNMENT PUBLISHING OFFICE 20-749PDF WASHINGTON: 2016 ----------------------------------------------------------------------- For sale by the Superintendent of Files, U.S. Government Publishing Workplace 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 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, cost of a timeshare 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. getting out of bluegreen timeshare BOYLE, Pennsylvania SCOTT Des, JARLAIS, Tennessee REID J. What is a consumer finance company. RIBBLE, Wisconsin DAVID A. TROTT, Michigan LEE M. ZELDIN, New York DANIEL DONOVAN, New York City Amy Porter, Chief of Staff Thomas Sheehy, Staff 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, 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 ---------- 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 how can you get rid of a timeshare legally His Excellency Richard Bernal, pro-vice chancellor for international affairs, University of the West Indies in Jamaica ... ... ... 24 LETTERS, STATEMENTS, AND SO ON, SUBMITTED FOR THE HEARING Mr. Eric Farnsworth: Prepared statement ... ... ... ...... 7 Ms. Sally Yearwood: Prepared statement ... ... ... ...... 13 His Excellency Richard Bernal: Prepared statement ... ...... 26 APPENDIX Hearing notification ... ... ... ... ... ... ... ... ...... 40 Hearing minutes ... ... ... ... ... ... ... ... ... ... 41 THE TACTICAL SIGNIFICANCE OF STRUCTURE A STRONGER U.S.-- CARIBBEAN COLLABORATION ---------- THURSDAY, JULY 14, 2016 Legislature, Subcommittee on the Western Hemisphere, Committee on Foreign Affairs, Washington, DC. Jeff Duncan (chairman of the subcommittee )administering. Mr. Duncan. Okay. A quorum being present, the subcommittee will pertain to order.
I would now like to recognize myself for an opening declaration. Thank you, people, for your perseverance. Today, we require to highlight a very important area in our hemisphere that sadly typically gets ignored. A lot of our Caribbean buddies have actually consistently prompted the United States to pay more attention to the Caribbean, and I desire you to understand that I have actually heard you. I would also like to thank Ranking Member Sires in particular for his leadership in working to prioritize this subcommittee's concentrate on the Caribbean. However, while these are certainly essential strengths for the area, the Caribbean has a lot more to provide which U.S. businesses, universities, and local.
communities must think about when planning future financial investment, scholastic research study, or where to establish more powerful financial ties. One of the primary tools of U.S. engagement with CARICOM nations is the Caribbean Basin Effort, or CBI, which was produced in 1983. Can we turn that sound down a bit, sir? Can we turn that down just a little bit? Okay. Which was developed in 1983 and has actually subsequently broadened to provide 17 countries and reliant areas with duty-free access to U.S. This engagement has actually caused a 44-percent increase in U.S. exports to the Caribbean over the past 10 years, and in 2015 the overall trade relationship between the U.S.
See This Report on How To Cite Yahoo Finance Mla
and the Caribbean was $33. 4 billion. I think it is critical to deal with our next-door neighbors to equally promote economic growth through trade liberalization, regard for the rule of law, and adherence to free enterprise concepts in order to achieve success that is sustainable for the area. How to finance a house flip. In addition, I am a company advocate of much deeper U.S.-Caribbean energy relations. To me it is a win-win scenario. U.S. possesses an abundance of oil, gas, and technical know-how, and the Caribbean has a few of the highest energy costs in the world and requires to decrease these costs by developing facilities for providing energy, integrating energy markets to draw in financial investment and funding, and develop pipelines and liquified natural gas structures. After all, the United States is the largest energy manufacturer in the Western Hemisphere; collectively with Mexico and Canada, North America accounts for 71 percent of the hemisphere.
's crude oil 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 carefully together to pursue hemisphere-acquired, energy independence and that suggests helping 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 method to transforming our societies and security and independence and our financial growth. and CARICOM. However, I remain worried about the growing security obstacles in the area from transnational criminal companies that look for to use the area to ship drugs, migrants, and contraband to United States shores. The Caribbean Basin.
Security Effort is another tool the United States has used since 2010 to attend to regional security concerns, and offered the Caribbean's strategic location to U.S. homeland, we require to keep thinking about ways to improve CBSI and more efficiently comply with the local partners to control borders, block criminal groups 'ability to exploit liberal environments to their benefit. I am likewise worried about individuals from the Caribbean that have signed up with Islamic extremist organizations. Southern Command, General Kelly, testified prior to Congress that close to 100 people had actually left the Caribbean to go battle in Syria. At a subsequent instruction, he particularly called Jamaica, Siriname, and Trinidad and Tobago as having had people leave for the battleground. These threats to the United States and regional security ought to encourage everyone; offer all of us a greater desire to do more to reinforce security cooperation. Furthermore, I wish to mention at a previous subcommittee hearing on border security hazards in the region, I raised concerns relating to reports that I had actually seen about person by financial investment programs in the Caribbean which have enabled scams, corruption, and exploitation by foreign nationals.