Yearwood. Thank you, Mr. Meeks. Thank you for your management on Caribbean problems. I am going to take on 2 concerns here primarily, and I will leave my colleagues to resolve some of the others. I believe one of the crucial problems that the Caribbean has is competitiveness. And I believe to make better use of U.S.- Caribbean trade arrangements a lot of the competitive issues need to be attended to - How to finance building a home. I mentioned in my testimony that the IDP they are doing a great deal of deal with trade assistance. That is going to be essential to getting the Caribbean more able to type of have single windows, decrease the costs of transport, and minimize the expense of clearance in moving products.
Problems such as traveling from one Caribbean island to the other can be more expensive than going to Miami and then returning down. So there are a great deal of concerns that the Caribbean requires to tackle in order to end up being a more competitive place to do service and to trade better. I didn't wish 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 think it is very critical that the HOPE costs not simply go to 2020, however go-- there has to be some sustainability to what is going to succeed the HOPE expense following 2020.
Parliament is unsteady to say the least, sort of an interim President that might or might not constitutional. I am not a Haitian constitutional specialist, but I have concerns. However at this moment in time, what happens if i stop paying my wyndham timeshare? what Haiti requires more than anything else once this specific juncture of political difficulty is conquered, 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 problem that the Congress requires to keep its eye on. Thank you. Mr. Meeks. Yes, sir. Mr. Farnsworth. If I might merely enhance what Sally just stated, the issue of competitiveness is real and we deal with the business neighborhood all the time.
And so there needs to be in my view a singular attention to financial investment climate problems. Energy is part of that. It is definitely not the only element. I think we also need to be aware of unexpected consequences. And you have actually done some really great work obviously on the trade program, Mr. Meeks. Plainly the TPP is something that Council of the Americas supports. We appreciate your management and others of the donate my timeshare reviews subcommittee on that. However there are perhaps some unintended repercussions. And for instance, when the North American Open Market Agreement was first passed among the greatest supporters for something that became referred to as NAFTA Parity was Ambassador Richard Bernal of Jamaica who came into the U.S.
It is a good idea, however we wish to make sure that Jamaica and the other Caribbean nations are not adversely impacted by the trade and financial investment diversion that might go to Mexico as a result of NAFTA. I believe that was an extremely important point then and it is a really crucial point now. And to the extent that TPP goes forward, and again I hope that it does. I strongly support it and we hope that it is a near term issue. Nonetheless, with some new entrants into textiles, for instance, and agriculture that are highly competitive in the global environment that will affect countries in the Caribbean Basin.
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taxpayer help to which we support, but again the issue is one of trade and investment diversion. We have to beware that doing the "best thing" with other economies we are not adversely impacting some economies which are currently stressed. Therefore what is the response here? I think the answer is to return to the original concept in some way of NAFTA Parity just this is TPP parity, right? If Haiti, for instance, is reliant on the fabrics trade with the United States, we I believe need to make certain that whatever we perform in TPP does not needlessly undermine that or does not produce problems in a manner that would take away some of those advantages that Congress has actually worked so hard for many years to establish.
So my point is that if we take a look at these in a more comprehensive method, in a manner that where you have a great deal of different, integration of various strands, then I think we will pertain to a better place. And so as we are looking at these issues strategically, I simply really much assistance the way https://jaspermwgi565.shutterfly.com/74 that you are putting this in the context of it is not simply this issue or that issue or another concern, it is all of these together and how can we progress in a detailed integrated way in assistance of the Caribbean, and I believe that is what we have to keep foremost in mind.
Bernal. Let me start by thanking you, Congressman Meeks, for your consistent management on Caribbean issues. In reaction to the problem that you raise, I think that the onus is not just on the U.S (What credit score is needed to finance a car). but is on the Caribbean. We in the Caribbean need to do some things to make it simpler for organization to operate and to end up being worldwide competitive. I stay convinced that if we create the best sort of environment in between the U.S. and the Caribbean that there is private sector initiative on investment and there are opportunities, extremely genuine opportunities which can take location by integrating Caribbean and U.S.