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 selected to stay away from voting or voted versus the resolution at the OAS regarding the circumstance in Venezuela, I want you to know that your choice just furthers injustice and tyranny in the Americas.
It is my.
hope that you will reconsider how your vote on these type of concerns in the future. Eventually, all of us have a responsibility to actively safeguard freedom in the Americas, however that can only require really difficult choices. 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 often referred to as America's third border and I agree with this description. With practically 45 million people including 16 independent countries and 14 abroad territories, the Caribbean is a varied region that includes a few of the hemisphere's richest.
and poorest nations. It is a region of great financial and cultural, political and security ties to the United States. The U.S.-Caribbean relationship is defined by extensive financial linkages, significant security cooperation, and continued U.S. Over the past 3 years, the administration has put forth a new effort supporting energy diversification and clean, sustainable energy projects to enhance the area's energy security and to help it move away from its reliance on oil from Venezuela. Venezuela, which has long subsidized energy costs to lots of Latin American and Caribbean nations, must turn inward to save itself from financial and political collapse. In the middle of these uncomfortable times we must work.
with our Caribbean partners to diversify energy sources, enhance their economies, and build on a shared security interest. On the legal front, last month your house authorized H (How long can i finance a used car).R. What is a future in finance. This act is created to increase engagement with the Caribbean that needs the Secretary of State to send a multiyear plan 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 global power, the United States deals with obstacles and threats from every corner of the world. Nevertheless, it is vital that we stay engaged in the Western Hemisphere and not forget our interests so near 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 strengthen its collaboration with our Caribbean next-door neighbors. Mr. Duncan. I will thank the ranking member, and I will just state I don't understand how lots of other members we are going to have today. We have adjourned for the August recess break and we desired to continue. Knowing that we were going to adjourn, we were willing to continue with this hearing since that is how essential it is to the ranking member and myself, so don't believe due to the fact that no other members appear that it isn't a crucial problem to the committee and to the subcommittee. And I look forward to speaking with the witnesses who are very well known to the.
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committee so their bios are readily available to us, and I will recognize 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 leadership in general on these concerns along with the Caribbean particularly, and Mr. Ranking Member, you too. It is truly important 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 way offered the importance of the problems at hand. The United States does have tactical issues.
in the Caribbean Basin and we don't typically discuss it in that way, but in my view they are tactical, from assistance https://alexiscmke048.shutterfly.com/192 for democratic organizations-- a few of which are quite fragile; some of which are strong and enduring-- we have security interests including drug trafficking, counterterrorism, the fight against financial criminal activities, clearly migration and humanitarian concerns, energy, the environment, economic development; it is a very large range of issues to which the United States has interest. Mr. Sires. Thank you. Informative post 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 want to thank you for putting the pivot on our next-door neighbors in the Caribbean. As you have specified and that we have actually seen, and it is not just this administration, it is most likely over the last 20 or thirty years where we have taken our eye off the ball in the Caribbean. When we have nation states that close to us with like cultures, you understand, we value the very same things, our family values, things like that, that near us, and we take the eye off of that we begin losing our competitiveness and we have seen that.
And it is so essential down because location and we desire people, you know, primary is to be secure in that area. And with the disputes going on in the world we don't desire them to get into because location and unfortunately, we are beginning to see that. And I believe one of the greatest things is President Maduro, after Chavez, seeing what is going on in Venezuela. And we have actually seen in the past, can you get out of a timeshare contract when you have self-appointed dictators that pertain to power and when they fall there is a vacuum filled. We have seen that all over the world.