Yearwood. Thank you, Mr. Meeks. Thank you for your management on Caribbean issues. I am going to deal with 2 problems here mainly, and I will leave my coworkers to address some of the others. I think among the crucial issues that the Caribbean has is competitiveness. And I believe to make much better use of U.S.- Caribbean trade arrangements a lot of the competitive problems need to be attended to - Which one of the following occupations best fits into the corporate area of finance?. I pointed out in my testament that the IDP they are doing a lot of work on trade assistance. That is going to be crucial to getting the Caribbean more able to kind of have single windows, lower the expenses of transport, and minimize what happens to timeshare when owner dies the cost of clearance in moving items.
Issues such as taking a trip from one Caribbean island to the other can be more pricey than going to Miami and then going back down. follow this link So there are a great deal of problems that the Caribbean needs to deal with in order to become a more competitive place to do organization 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 incredibly vital that the HOPE bill not just go to 2020, however go-- there has to be some sustainability to what is going to succeed the HOPE bill following 2020.
Parliament is unstable to say the least, type of an interim President that might or may not constitutional. I am not a Haitian constitutional professional, but I have questions. However at Check out the post right here this moment in time, what Haiti requires more than anything else when this specific juncture of political trouble is overcome, Haiti is going to need sustainability and stability to its relationship for trade and investment with the United States. So I think that is a vital concern that the Congress requires to keep its eye on. Thank you. Mr. Meeks. Yes, sir. Mr. Farnsworth. If I might simply strengthen what Sally just stated, the concern of competitiveness is real and we deal with the organization community all the time.
And so there needs to be in my view a singular attention to investment climate issues. Energy becomes part of that. It is definitely not the only element. I think we also have to know unexpected consequences. And you have actually done some truly great 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 consequences. And for example, when the North American Free Trade Contract was first passed among the strongest advocates for something that ended up being called 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 countries are not negatively affected by the trade and investment diversion that may go to Mexico as a result of NAFTA. I think that was an extremely crucial point then and it is a very crucial point now. And to the level that TPP moves forward, and once again I hope that it does. I strongly support it and we hope that it is a near term problem. Nevertheless, with some brand-new entrants into textiles, for instance, and farming that are extremely competitive in the international environment that will impact 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 need to take care that doing the "best thing" with other economies we are not negatively affecting some economies which are already stressed. Therefore what is the answer here? I believe the response is to go back to the original idea in some way of NAFTA Parity only this is TPP parity, right? If Haiti, for instance, depends on the textiles trade with the United States, we I think need to ensure that whatever we do in TPP does not unnecessarily undermine that or does not produce difficulties in a manner that would remove some of those advantages that Congress has actually worked so hard over the years to develop.
So my point is that if we take a look at these in a more comprehensive way, in a manner that where you have a lot of different, combination of different hairs, then I believe we will pertain to a better location. Therefore as we are looking at these issues strategically, I just quite support the manner in which you are putting this in the context of it is not just this concern or that issue or another issue, it is all of these together and how can we progress in a comprehensive integrated manner in support of the Caribbean, and I think that is what we have to keep primary in mind.
Bernal. Let me start by thanking you, Congressman Meeks, for your consistent leadership on Caribbean concerns. In reaction to the concern that you raise, I believe that the onus is not only on the U.S (What are the two ways government can finance a budget deficit?). however is on the Caribbean. We in the Caribbean need to do some things to make it much easier for organization to run and to become worldwide 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 effort on investment and there are opportunities, really genuine chances which can occur by integrating Caribbean and U.S.