I acknowledge your support and friendship, and I applaud your guts of conviction to speak the fact to power even when it is hard. These countries that picked to abstain from ballot or voted versus the resolution at the OAS concerning the scenario in Venezuela, I want you to understand that your choice just enhances injustice and tyranny in the Americas.
It is my.
hope that you will reassess how your vote on these type of concerns in the future. Eventually, all of us have a responsibility to actively secure liberty in the Americas, but that can just need extremely hard choices. Mr. Sires. Thank you, Mr. Chairman, for interacting 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 agree with this description. With practically 45 million people incorporating 16 independent countries and 14 abroad areas, the Caribbean is a diverse area that includes some of the hemisphere's richest.
and poorest nations. It is an area of great financial and cultural, political and security ties to the United States. The U.S.-Caribbean relationship is identified by extensive economic linkages, considerable security cooperation, and continued U.S. Over the previous 3 years, the administration has actually presented a brand-new effort supporting energy diversification and tidy, sustainable energy tasks to improve the area's energy security and to assist it move away from its reliance on oil from Venezuela. Venezuela, which has long subsidized energy expenses to numerous Latin American and Caribbean countries, should turn inward to save itself from economic 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 mutual security interest. On the legal front, last month your house approved H (How long can you finance a camper).R. What does nav stand for in finance. This act is created to increase engagement with the Caribbean that requires the Secretary of State to send 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 countries. As a worldwide power, the United States faces obstacles and risks from every corner of the world. However, it is important that we stay participated in the Western Hemisphere and not forget 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 strengthen its partnership with our Caribbean neighbors. Mr. Duncan. I will thank the ranking member, and I will simply state I don't understand how many other members we are going to have today. We have actually adjourned for the August best timeshare rental companies recess timeshare meeting break and we wanted to continue. Understanding that we were going to adjourn, we wanted to continue with this hearing since that is how essential it is to the ranking member and myself, so do not think because no other members appear that it isn't an important issue to the committee and to the subcommittee. And I anticipate speaking with the witnesses who are extremely well known to the.
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committee so their bios are 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 extremely much for continuing with the hearing on such an important topic. Thank you for your management overall on these concerns in addition to the Caribbean particularly, and Mr. Ranking Member, you too. It is truly crucial to have a bipartisan voice on these issues and we note that. We take satisfaction in that and thank you for that management, and we ask that that would continue in some way offered the significance of the problems at hand. The United States does have tactical problems.
in the Caribbean Basin and we do not often speak about it because method, but in my view they take advantage of me are strategic, from assistance for democratic institutions-- some of which are rather vulnerable; a few of which are strong and enduring-- we have security interests including drug trafficking, counterterrorism, the fight versus financial criminal offenses, clearly immigration and humanitarian concerns, energy, the environment, financial development; it is a really vast array 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 next-door neighbors in the Caribbean. As you have stated and that we have seen, and it is not just this administration, it is probably 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 near to us with like cultures, you know, we value the very same things, our household worths, things like that, that near to us, and we take the eye off of that we start losing our competitiveness and we have seen that.
And it is so crucial down in that area and we desire people, you know, primary is to be safe because location. And with the disputes going on on the planet we do not desire them to get into in that location and sadly, we are starting to see that. And I think among the greatest 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 concern power and when they fall there is a vacuum filled. We have seen that around the world.