Yearwood. Thank you, Mr. Meeks. Thank you for your leadership on Caribbean issues. I am going to take on two problems here mainly, and I will leave my coworkers to deal with some of the others. I believe among the crucial problems that the Caribbean has is competitiveness. And I believe to make much better usage of U.S.- Caribbean trade contracts a lot of the competitive issues require to be addressed - What is the difference between accounting and finance. I discussed in my statement that the IDP they are doing a great deal of deal with trade assistance. That is going to be necessary to getting the Caribbean more able to sort of have single windows, lower the costs of transportation, and decrease the cost of clearance in moving items.
Concerns such as traveling from one Caribbean island to the other can be more expensive than going to Miami and after that returning down. So there are a great deal of problems that the Caribbean needs to take on in order to end https://www.fxstat.com/en/user/profile/raygarisht-295743/blog/36695648-How-How-To-Finance-An-Older-Car-can-Save-You-Time,-Stress,-and-Money up being a more competitive location to do service and to trade more efficiently. I didn't want to, however, not seize the day to say something about Haiti. I did live there for 13 years and I do follow what is going on there really carefully. And I believe it is extremely important that the HOPE expense not just go to 2020, however go-- there needs to be some sustainability to what is going to be successful the HOPE bill following 2020.
Parliament is unstable to say the least, sort of an interim President that might or might not constitutional. I am not a Haitian constitutional expert, but I have questions. However at this moment in time, what Haiti needs more than anything else when this particular point of political difficulty is gotten rid of, Haiti is going to require sustainability and stability to its relationship for trade and financial investment with the United States. So I believe that is an important issue that the Congress requires to keep its eye on. Thank you. Mr. Meeks. Yes, sir. Mr. Farnsworth. If I could simply enhance what Sally just stated, the issue of competitiveness is real and we handle business neighborhood all the time.
Therefore there has to be in my view a particular attention to investment climate issues. Energy belongs to that. It is definitely not the only aspect. I think we likewise have to be mindful of unexpected effects. And you have done some actually great clearly on the trade program, Mr. Meeks. Clearly the TPP is something that Council of the Americas supports. We value your leadership and others of the subcommittee on that. However there are perhaps some unintended effects. And for instance, when the North American Free Trade Contract was first passed among the greatest supporters for something that ended up being referred to as NAFTA Parity was Ambassador Richard Bernal of Jamaica who entered into the U.S.
It is a good thing, however we desire to ensure that Jamaica and the other Caribbean nations are not adversely impacted by the trade and investment diversion that might go to Mexico as an outcome of NAFTA. I think that was a really essential point then and it is a very important point Great site now. And to the extent that TPP goes forward, and once again I hope that it does. I highly support it and we hope that it is a near term problem. Nonetheless, with some new entrants into textiles, for example, and agriculture that are highly competitive in the worldwide environment that will affect countries in the Caribbean Basin.
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taxpayer assistance to which we support, but again the problem is among trade and financial investment diversion. We need to take care that doing the "right thing" with other economies we are not negatively affecting some economies which are currently worried. Therefore what is the answer here? I think the answer is to return to the initial concept in some way of NAFTA Parity only this is TPP parity, right? If Haiti, for instance, is dependent on the fabrics trade with the United States, we I think Browse this site require to ensure that whatever we do in TPP doesn't needlessly undermine that or doesn't develop difficulties in a manner that would remove a few of those benefits that Congress has actually worked so hard over the years to develop.
So my point is that if we look at these in a more comprehensive way, in a way that where you have a lot of different, integration of various strands, then I believe we will come to a better place. Therefore as we are looking at these issues strategically, I just really much assistance the manner in which you are putting this in the context of it is not just this concern or that concern or another concern, it is all of these together and how can we move forward in a comprehensive integrated way in assistance of the Caribbean, and I think that is what we have to keep foremost in mind.
Bernal. Let me start by thanking you, Congressman Meeks, for your consistent leadership on Caribbean issues. In reaction to the concern that you raise, I believe that the onus is not just on the U.S (What is a swap in finance). however is on the Caribbean. We in the Caribbean need to do some things to make it easier for company to run and to end up being worldwide competitive. I stay convinced that if we create the right kind of environment in between the U.S. and the Caribbean that there is personal sector initiative on investment and there are chances, really genuine opportunities which can take location by integrating Caribbean and U.S.