I acknowledge your support and friendship, and I commend your guts of conviction to speak the truth to power even when it is tough. These countries that chose to avoid ballot or voted against the resolution at the OAS regarding the circumstance in Venezuela, I want you to understand that your choice just advances oppression and tyranny in the Americas.
It is my.
hope that you will reevaluate how your vote on these type of concerns in the future. Eventually, we all have a responsibility to actively protect liberty in the Americas, however that can only require really tough choices. Mr. Sires. Thank you, Mr. Chairman, for collaborating on this hearing, and I desire to thank the witnesses for being here today. Thank you very much. The Caribbean is frequently referred to as America's 3rd border and I concur with this description. With almost 45 million individuals incorporating 16 independent nations and 14 abroad areas, the Caribbean is a varied region that includes a few of the hemisphere's richest.
and poorest countries. It is a region of fantastic financial and cultural, political and security ties to the United States. The U.S.-Caribbean relationship is characterized by extensive economic linkages, substantial security cooperation, and continued U.S. Over the previous 3 years, the administration has actually best timeshare exit attorneys put forth a new effort supporting energy diversity and clean, sustainable energy projects to enhance 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 lots of Latin American and Caribbean countries, need to turn inward to save itself from economic and political collapse. In the middle of these troubling times we need to work.
with our Caribbean partners to diversify energy sources, reinforce their economies, and build on a shared security interest. On the legal front, last month your home authorized H (Trade credit may be used to finance a major part of a firm's working capital when).R. How long can you finance a camper. This act is created 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 update on its U.S. diplomatic effort to engage the eastern Caribbean nations. As a worldwide power, the United States deals with challenges and threats from every corner of the world. Nevertheless, it is essential that we stay taken part in the Western Hemisphere and not lose sight of our interests so close to house. I look forward to speaking with our witnesses on how the U.S. efforts in the Caribbean can improve and how America can continue to enhance its collaboration with our Caribbean next-door neighbors. Mr. Duncan. I will thank the ranking member, and I will simply state I do not know the number of other members we are going to have today. We have actually adjourned for the August recess break and we wanted to continue. Understanding that we were going to adjourn, we were willing to continue with this hearing because that is how essential it is to the ranking member and myself, so do not believe since no other members reveal up that it isn't an essential problem to the committee and to the subcommittee. And I eagerly anticipate speaking with the witnesses who are very well understood to the.
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committee so their bios are offered 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 very much for continuing with the hearing on such an essential topic. Thank you for your management in general on these concerns in addition to the Caribbean particularly, and Mr. Ranking Member, you as well. It is actually crucial to have a bipartisan voice on these problems and we keep in mind that. We take fulfillment in that and thank you for that management, and we ask that that would continue in some method given the importance of the concerns at hand. The United States does have strategic issues.
in the Caribbean Basin and we don't often discuss it in that way, however in my view they are strategic, from assistance for democratic organizations-- a few of which are quite vulnerable; a few of which are strong and enduring-- we have security interests including drug trafficking, what happens to my timeshare when i die counterterrorism, the battle against financial criminal activities, certainly migration and humanitarian concerns, energy, the environment, financial advancement; it is a very 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 wish to thank you for putting the pivot on our neighbors in the Caribbean. As you https://elliotixri.bloggersdelight.dk/2022/07/31/not-known-facts-about-what-does-a-finance-director-do/ have mentioned which we have actually seen, and it is not simply this administration, it is most likely over the last 20 or thirty years where we have actually taken our eye off the ball in the Caribbean. When we have country states that near us with like cultures, you know, we value the very same things, our household worths, things like that, that close to 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 in that area and we desire people, you know, top is to be protected because location. And with the disputes going on worldwide we do not desire them to invade in that area and regrettably, we are beginning to see that. And I believe among the most significant 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 pertain to power and when they fall there is a vacuum filled. We have actually seen that around the globe.
