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[Home Hearing, 114 Congress] [From the U - The trend in campaign finance law over time has been toward which the following?.S. Federal Government Publishing Office] THE STRATEGIC SIGNIFICANCE OF STRUCTURE A STRONGER U.S.-- CARIBBEAN COLLABORATION ======================================================================= 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 the usage of the Committee on Foreign Affairs [GRAPHIC( S) NOT READILY AVAILABLE IN TIFF FORMAT] Available through the Internet: http://www. foreignaffairs.house. gov/ or http://www. gpo.gov/ fdsys/ _ U.S. FEDERAL GOVERNMENT PUBLISHING WORKPLACE 20-749PDF WASHINGTON: 2016 ----------------------------------------------------------------------- For sale by the Superintendent of Files, U.S. Federal Government Publishing Workplace Web: book shop.

ROYCE, California, Chairman CHRISTOPHER H. SMITH, New Jersey ELIOT L. ENGEL, New York ILEANA ROS-LEHTINEN, Florida BRAD SHERMAN, California DANA ROHRABACHER, California GREGORY W. MEEKS, New York City 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 City MATT SALMON, Arizona KAREN BASS, California DARRELL E. ISSA, 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. BOYLE, Pennsylvania SCOTT Des, JARLAIS, Tennessee REID J. What can i do with a degree in finance. RIBBLE, Wisconsin DAVID A. TROTT, Michigan LEE M. ZELDIN, New York City DANIEL DONOVAN, New York City Amy Porter, Chief of Personnel Thomas Sheehy, Personnel Director Jason Steinbaum, Democratic Personnel 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 City 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 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 declaration ... ... ... ...... 7 Ms. Sally Yearwood: Prepared declaration ... ... ... ...... 13 His Excellency Richard Bernal: Prepared declaration ... ...... 26 APPENDIX Hearing notice ... ... ... ... ... ... ... ... ...... 40 Hearing minutes ... ... ... ... ... ... ... ... ... ... 41 THE TACTICAL VALUE OF STRUCTURE A STRONGER U.S.-- CARIBBEAN PARTNERSHIP ---------- 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 concern order.

I would now like to recognize myself for an opening statement. Thank you, guys, for your patience. Today, we require to highlight an extremely crucial region in our hemisphere that sadly typically gets ignored. A number of our Caribbean pals have actually repeatedly urged the United States to pay more attention to the Caribbean, and I desire you to understand that I have heard you. I would likewise like to thank Ranking Member Sires in specific for his leadership in working to prioritize this subcommittee's focus on the Caribbean. However, while these are certainly crucial strengths for the area, the Caribbean has a lot more to use which U.S. companies, universities, and regional.

neighborhoods ought to consider when preparing future financial investment, scholastic research study, or where to develop more powerful economic ties. One of the main tools of U.S. engagement with CARICOM nations is the Caribbean Basin Initiative, or CBI, which was created in 1983. Can we turn that sound down a bit, sir? Can we turn that down just a bit? Okay. Which was created in 1983 and has actually subsequently broadened to offer 17 nations and dependent areas with duty-free access to U.S. This engagement has actually resulted in a 44-percent increase in U.S. exports to the Caribbean over the previous ten years, and in 2015 the total trade relationship in between the U.S.

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and the Caribbean was $33. 4 billion. I believe it is important to work with our neighbors to equally promote financial growth through trade liberalization, regard for the rule of law, and adherence to complimentary market concepts in order to accomplish prosperity that is sustainable for the region. Which of the following was eliminated as a result of 2002 campaign finance reforms?. In addition, I am a company advocate of deeper U.S.-Caribbean energy relations. To me it is a win-win situation. U.S. has an abundance of oil, gas, and technical expertise, and the Caribbean has some of the highest energy costs on the planet and requires to reduce these expenses by constructing facilities for delivering energy, integrating energy markets to draw in financial investment and funding, and establish pipelines and liquified gas frameworks. After all, the United States is the largest energy producer in the Western Hemisphere; collectively with Mexico and Canada, The United States and Canada represents 71 percent of the hemisphere.

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's petroleum and 28 percent of gas reserves in the hemisphere. Likewise, Argentina, Brazil, Colombia, Peru, and Trinidad and Tobago have significant oil and gas production. In my view, freedom-loving, market-friendly, energy-producing countries in this hemisphere need to be working more closely together to pursue hemisphere-acquired, energy self-reliance and that means assisting non-energy producing countries including the Caribbean next-door neighbors in reaching this goal. Eventually, if the Western Hemisphere were more energy independent it would go a long way to changing our societies and security and independence and our economic development. and CARICOM. However, I stay worried about the growing security challenges in the area from global criminal organizations that seek to utilize the area to deliver drugs, migrants, and contraband to United States shores. The Caribbean Basin.

Security Initiative is another tool the United States has actually used since 2010 to address local security problems, and offered the Caribbean's tactical place to U.S. homeland, we require to keep thinking about methods to improve CBSI and more efficiently work together with the regional partners to manage borders, block criminal groups 'ability to timeshare movie make use of permissive environments to their benefit. I am also concerned about individuals from the Caribbean that have joined Islamic extremist companies. Southern Command, General Kelly, testified before Congress that close to 100 individuals had actually left the Caribbean commercial timesharing inc to go fight in Syria. At a subsequent rundown, he particularly called Jamaica, Siriname, and Trinidad and Tobago as having had individuals leave for the battlefield. These risks to the United States and local security should motivate everyone; offer us all a higher desire to do more to enhance security cooperation. Furthermore, I want to mention at a previous subcommittee hearing on border security dangers in the region, I raised issues relating to reports that I had The original source seen about resident by financial investment programs in the Caribbean which have made it possible for fraud, corruption, and exploitation by foreign nationals.