I recognize your assistance and friendship, and I applaud your nerve of conviction to speak the reality to power even when it is challenging. These countries that chose to stay away from ballot or voted versus the resolution at the OAS concerning the scenario in Venezuela, I want you to know that your decision only enhances oppression and tyranny in the Americas.
It is my.
hope that you will reassess how your vote on these kind of issues in the future. Ultimately, all of us have a responsibility to actively protect freedom in the Americas, however that can only require really hard options. Mr. Sires. Thank you, Mr. Chairman, for collaborating on this hearing, and I desire to thank the witnesses for being here Helpful resources today. Thank you extremely much. The Caribbean is typically referred to as America's third border and I agree with this description. With almost 45 million people encompassing 16 independent countries and 14 overseas areas, the Caribbean is a diverse region that consists of 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 substantial economic linkages, considerable security cooperation, and continued U.S. Over the past 3 years, the administration has actually presented a new effort supporting energy diversification and clean, sustainable energy projects to enhance the area's energy security and to assist it move far from its reliance on oil from Venezuela. Venezuela, which has long subsidized energy costs to numerous Latin American and Caribbean nations, must turn inward to save itself from economic and political collapse. Amidst these troubling times we need to work.
with our Caribbean partners to diversify energy sources, reinforce their economies, and build upon a mutual security interest. On the legal front, last month your house authorized H (What is a swap in finance).R. How to finance a car from a private seller. 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 regions and update on its U.S. diplomatic effort to engage the eastern Caribbean nations. As a global power, the United States deals with obstacles and risks from every corner of the world. However, it is essential that we remain engaged in the Western Hemisphere and not lose sight of our interests so close to home. I eagerly anticipate speaking with our witnesses on how the U.S. efforts in the Caribbean can enhance 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 simply state I do not understand how numerous other members we are going to have today. We have adjourned for the August recess break and we wished to continue. Understanding that we get more info were going to adjourn, we were ready to continue with this hearing since that is how essential it is to the ranking member and myself, so don't 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 hearing from the witnesses who are extremely well known 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 Have a peek at this website quite for continuing with the hearing on such an important topic. Thank you for your management in general on these concerns along with the Caribbean specifically, and Mr. Ranking Member, you also. It is truly important to have a bipartisan voice on these problems and we keep in mind that. We take satisfaction in that and thank you for that leadership, and we ask that that would continue in some way offered the value of the problems at hand. The United States does have tactical problems.
in the Caribbean Basin and we don't typically talk about it in that method, but in my view they are strategic, from support for democratic organizations-- a few of which are rather delicate; a few of which are strong and long-lasting-- we have security interests consisting of drug trafficking, counterterrorism, the fight versus financial criminal activities, clearly migration and humanitarian concerns, energy, the environment, financial development; it is a very wide variety 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 appreciate you putting this together, and I wish to thank you for putting the pivot on our neighbors in the Caribbean. As you have actually specified and that we have actually seen, and it is not simply this administration, it is most likely over the last 20 or 30 years where we have actually taken our eye off the ball in the Caribbean. When we have nation states that near us with like cultures, you understand, we value the exact same things, our family worths, things like that, that close to us, and we take the eye off of that we begin losing our competitiveness and we have seen that.
And it is so crucial down because area and we desire individuals, you know, number one is to be secure in that area. And with the conflicts going on worldwide we don't desire them to get into because area and unfortunately, we are starting to see that. And I think one of the most significant things is President Maduro, after Chavez, seeing what is going on in Venezuela. And we have seen in the past, when you have self-appointed totalitarians that come to power and when they fall there is a vacuum filled. We have seen that all over the world.