I recognize your assistance and relationship, and I applaud your guts of conviction to speak the truth to power even when it is tough. These nations that selected to avoid voting or voted against the resolution at the OAS regarding the situation in Venezuela, I want you to know that your choice only furthers oppression and tyranny in the Americas.
It is my.
hope that you will reevaluate how your vote on these type of problems in the future. Eventually, we all have a duty to actively protect flexibility in the Americas, however that can only require really hard choices. Mr. Sires. Thank you, Mr. Chairman, for working together on this hearing, and I want to thank the witnesses for being here today. Thank you really much. The Caribbean is typically described as America's 3rd border and I concur with this description. With practically 45 million people including 16 independent nations 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 economic and cultural, political and security ties to the United States. The U.S.-Caribbean relationship is defined by extensive economic linkages, substantial security cooperation, and continued U.S. Over the previous 3 years, the administration has actually put forth a new effort supporting energy diversification and tidy, sustainable energy tasks to improve the region's energy security and to assist it move away 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 timeshare companies and political collapse. In the middle of these uncomfortable times we need to 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 approved H (How to finance a home addition).R. Which of the following approaches is most suitable for auditing the finance and investment timeshare sales scams cycle?. This act is designed to increase engagement with the Caribbean that requires the Secretary of State to send a multiyear plan to Congress for U.S. engagement with the Caribbean regions and upgrade on its U.S. diplomatic effort to engage the eastern Caribbean countries. As an international power, the United States faces obstacles and risks from every corner of the world. However, it is essential that we remain engaged in the Western Hemisphere and not forget our interests so near house. I anticipate hearing from our witnesses on how the U.S. efforts in the Caribbean can enhance and how America can continue to reinforce its partnership with our Caribbean neighbors. Mr. Duncan. I will thank the ranking member, and I will just state I do not know the number of other members we are going to have today. We have adjourned for the August recess break and we wished 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 believe due to the fact that no other members reveal up that it isn't an essential concern to the committee and to the subcommittee. And I eagerly anticipate speaking with the witnesses who are extremely well wesley financial group timeshare cancellation cost 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 quite for continuing with the hearing on such a crucial topic. Thank you for your management overall on these concerns in addition to the Caribbean specifically, and Mr. Ranking Member, you as well. It is truly important to have a bipartisan voice on these issues and we keep in mind that. We take fulfillment in that and thank you for that leadership, and we ask that that would continue in some method offered the significance of the concerns at hand. The United States does have tactical problems.
in the Caribbean Basin and we do not frequently discuss it in that method, but in my view they are strategic, from support for democratic organizations-- some of which are rather vulnerable; some of which are strong and enduring-- we have security interests consisting of drug trafficking, counterterrorism, the fight against monetary criminal activities, obviously migration and humanitarian concerns, energy, the environment, financial development; it is a very large variety of problems 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 next-door neighbors in the Caribbean. As you have actually stated and that 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 taken our eye off the ball in the Caribbean. When we have country states that close to us with like cultures, you know, we value the same things, our family values, things like that, that near 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 because area and we desire individuals, you understand, primary is to be protected because location. And with the conflicts going on in the world we do not desire them to invade in that location and sadly, we are starting 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 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 all over the world.