Yearwood. Thank you, Mr. Meeks. Thank you for your leadership on Caribbean issues. I am going to take on 2 concerns here primarily, and I will leave my associates to attend to a few of the others. I think among the key issues that the Caribbean has is competitiveness. And I think to make much better use of U.S.- Caribbean trade agreements a great deal of the competitive concerns require to be dealt with - How to finance an engagement ring. I discussed in my statement that the IDP they are doing a great deal of work on trade assistance. That is going to be essential to getting the Caribbean more able to sort of have single windows, decrease the expenses of transport, and decrease the expense of clearance in moving items.
Issues such as taking a trip from one Caribbean island to the other can be more costly than going to Miami and then going back down. So there are a lot of issues that the Caribbean requires to tackle in order to become a more competitive location to do company and to trade more successfully. I didn't want to, however, not take the chance to state something about Haiti. I did live there for 13 years and I do follow what is going on there very closely. And I believe it is very 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 expense following 2020.
Parliament is unsteady to state the least, kind of an interim President that may or might not constitutional. I am not a Haitian constitutional professional, however I have questions. However at this moment in time, what Haiti requires more than anything else once this particular point of political problem is gotten rid of, Haiti is going to require sustainability and stability to its relationship for trade and investment with the United States. So I think that is a crucial issue that the Congress needs to keep its eye on. Thank you. Mr. Meeks. Yes, sir. Mr. Farnsworth. If I could merely enhance what Sally just stated, the issue of competitiveness is genuine and we deal with business neighborhood https://www.fxstat.com/en/user/profile/umqueswzbf-305151/blog/36719898-Some-Known-Details-About-What-Is-A-Basis-Point-In-Finance all the time.
Therefore there needs to remain in my view a particular attention to investment environment problems. Energy becomes part of that. It is definitely not the only element. I believe we also need to understand unintentional effects. And you have done some truly great work certainly on the trade program, Mr. Meeks. Clearly the TPP is something that Council of the Americas supports. We appreciate your leadership and others of the subcommittee on that. However there are maybe some unintentional effects. And for instance, when the North American Open Market Arrangement was first passed one of the strongest supporters for something that became called NAFTA Parity was Ambassador Richard Bernal of Jamaica who entered the get out of time share U.S.
It is an advantage, however we desire to make certain that Jamaica and the other Caribbean nations are not adversely affected by the trade and financial investment diversion that may go to Mexico as an outcome of NAFTA. I think that was an extremely essential point then and it is an extremely important point now. And to the degree 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 issue. However, with some brand-new entrants into textiles, for example, and agriculture that are highly competitive in the international environment that will impact nations in the Caribbean Basin.
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taxpayer support to which we support, however again the issue is one of trade and investment diversion. We have to take care that doing the "best thing" with other economies we are not adversely affecting some economies which are already stressed. Therefore what is the answer here? I think the response is to go back to the original concept in some method of NAFTA Parity just this is TPP parity, right? If Haiti, for example, is reliant on the fabrics trade with the United States, we I think require to make certain that whatever we perform in TPP does not needlessly weaken that or doesn't develop difficulties in a way that would remove some of those advantages that Congress has actually worked so hard for many years to develop.
So my point is that if we take a look at these in a more thorough method, in such a way that where you have a great deal of different, integration of different strands, then I think we will come to a much better location. And so as we are taking a look at these concerns tactically, I simply quite support the manner in which you are putting this in the context of it is not simply this problem or that concern or another problem, it is all of these together and how can we move on in a thorough integrated manner in support of the Caribbean, and I think that is what we need to keep primary in mind.
Bernal. Let me begin by thanking you, Congressman Meeks, for your constant leadership on Caribbean concerns. In response to the issue that you raise, I think that the onus is not only on the U.S (Which of the following approaches is most suitable for auditing the average cost to get out of a timeshare finance and investment cycle?). however is on the Caribbean. We in the Caribbean need to do some things to make it easier for service to operate and to end up being globally competitive. I remain persuaded that if we develop the best type of environment between the U.S. and the Caribbean that there is economic sector initiative on financial investment and there are chances, extremely real chances which can happen by integrating Caribbean and U.S.