Yearwood. Thank you, Mr. Meeks. Thank you for your management on Caribbean concerns. I am going to deal with two concerns here primarily, and I will leave my associates to address some of the others. I believe among the key concerns that the Caribbean has is competitiveness. And I believe to make much better use of U.S.- Caribbean trade arrangements a great deal of the competitive issues need to be addressed - What does nav stand for in finance. I mentioned in my statement that the IDP they are doing a great deal of deal with trade facilitation. That is going to be essential to getting the Caribbean more able to type of have single windows, minimize the costs of transport, and reduce the expense of clearance in moving products.
Issues such as taking a trip from one Caribbean island to the other can be more costly than going to Miami and after that going back down. So there are a lot of problems that the Caribbean needs to tackle in order to end up being a more competitive location to do organization and to trade more successfully. I didn't wish to, however, not seize the day to state 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 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 shaky to state the least, sort of an interim President that might or may not constitutional. I am not a Haitian constitutional professional, however I disadvantage of timeshare have concerns. However at this moment in time, what Haiti needs more than anything else once this specific juncture of political difficulty is gotten rid of, Haiti is going to need sustainability and stability to its relationship for trade and investment with the United States. So I believe that is an important issue that the Congress needs to keep its eye on. Thank you. Mr. Meeks. Yes, sir. Mr. Farnsworth. If I could just enhance what Sally just stated, the concern of walking away from a bluegreen timeshare competitiveness is genuine and we deal with the business neighborhood all the time.
Therefore there needs to be in my view a singular attention to financial investment climate concerns. Energy becomes part of that. It is certainly not the only element. I think we also have to know unintended effects. And you have done some truly great clearly 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 subcommittee on that. However there are maybe some unexpected effects. And for instance, when the North American Open Market Agreement was first passed one of the strongest supporters 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 thing, however we desire to make sure that Jamaica and the other Caribbean countries are not negatively affected by the trade and investment diversion that might go to Mexico as an outcome of NAFTA. I believe that was a very crucial point then and it is a very crucial point now. And to the extent that TPP goes forward, and once again I hope that it does. I strongly support it and we hope that it is a near term concern. Nonetheless, with some new entrants into textiles, for example, and agriculture that are highly competitive in the global environment that will impact countries in the Caribbean Basin.
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taxpayer support to which we support, however once again the concern is one of trade and financial investment diversion. We need to be careful that doing the "best thing" with other economies we are not negatively affecting some economies which are already worried. And so what is the response here? I think the response is to return to the original concept in some way of NAFTA Parity only 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 unnecessarily weaken that or doesn't create troubles in a way that would eliminate some of those advantages that Congress has actually worked so hard for many years to develop.
So my point is that if we look at these in a more thorough method, in a method that where you have a lot of different, combination of different strands, then I think we will concern a better place. And so as we are taking a look at these issues tactically, I just really much support the method that you are putting this in the context of it is not just this problem or that concern or another problem, it is all of these together and how can timeshare cancel services we move on in a detailed integrated manner in assistance of the Caribbean, and I think that is what we need to keep foremost in mind.
Bernal. Let me begin by thanking you, Congressman Meeks, for your constant management on Caribbean problems. In reaction to the issue that you raise, I think that the onus is not just on the U.S (What does finance a car mean). but is on the Caribbean. We in the Caribbean need to do some things to make it simpler for service to operate and to end up being internationally competitive. I stay convinced that if we create the right sort of environment between the U.S. and the Caribbean that there is economic sector initiative on investment and there are chances, very genuine opportunities which can take location by integrating Caribbean and U.S.