Yearwood. Thank you, Mr. Meeks. Thank you for your leadership on Caribbean concerns. I am going to deal with two issues here mostly, and I will leave my associates to resolve some of the others. I think among the crucial issues that the Caribbean has is competitiveness. And I think to make much better use of U.S.- Caribbean trade arrangements a lot of the competitive concerns need to be attended to - How to finance a house flip. I discussed in my statement that the IDP they are doing a great deal of work on trade facilitation. That is going to be essential to getting the Caribbean more able to sort of have single windows, decrease the expenses 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 costly than going to Miami and then returning down. So there are a lot of problems that the Caribbean requires to tackle in order to end up being a more competitive location to do service and to trade more efficiently. 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 really carefully. And I believe it is extremely vital that the HOPE expense not just go to 2020, however go-- there has to be some sustainability to what is going to be successful the HOPE expense following 2020.
Parliament is unstable to say the least, sort of an interim President that may or might not constitutional. I am not a Haitian constitutional professional, but I have questions. But at this point in time, what Haiti requires more than anything else once this particular point of political problem is overcome, Haiti is going to require sustainability and stability to its relationship for trade and financial investment with the United States. So I think that is a timeshare season colors critical concern that the Congress requires to keep its eye on. Thank you. Mr. Meeks. Yes, sir. Mr. Farnsworth. If I could just strengthen what Sally just said, the problem of competitiveness is real and we deal with the service neighborhood all the time.
And so there has to remain in my view a particular attention to investment climate problems. Energy is part of that. It is definitely not the only element. I think we also need to know unintended repercussions. And you have done some really excellent work certainly on the trade agenda, 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 perhaps some unintentional effects. And for instance, when the North American Open Market Contract was very first passed one of the strongest supporters for something that became referred to as NAFTA Parity was Ambassador Richard Bernal of Jamaica who entered into the U.S.
It is an excellent thing, however we wish to make sure that Jamaica and the other Caribbean nations are not adversely affected by the trade and financial investment diversion that may go to Mexico as a result of NAFTA. I think that was a very crucial point then and affordable timeshares https://eduardogejw.bloggersdelight.dk/2022/04/08/the-greatest-guide-to-what-can-you-do-with-a-finance-major/ it is a very crucial point now. And to the degree 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 concern. However, with some new entrants into textiles, for instance, and farming that are highly competitive in the global environment that will impact countries in the Caribbean Basin.
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taxpayer help to which we support, but once again the concern is one of trade and financial investment diversion. We have to take care that doing the "best thing" with other economies we are not negatively impacting some economies which are currently stressed. And so what is the response here? I believe the answer is to go back to the original idea in some way of NAFTA Parity just this is TPP parity, right? If Haiti, for instance, is dependent on the textiles trade with the United States, we I believe require to ensure that whatever we carry out in TPP doesn't unnecessarily undermine that or does not develop troubles in such a way that would remove some of those benefits that Congress has actually worked so hard over the years to establish.
So my point is that if we look at these in a more detailed way, in a manner that where you have a great deal of various, combination of various strands, then I believe we will pertain to a better location. And so as we are looking at these problems tactically, I simply quite support the manner in which you are putting this in the context of it is not just this problem or that concern or another issue, it is all of these together and how can we progress in a thorough integrated way in support of the Caribbean, and I think that is what we have to keep primary in mind.
Bernal. Let me begin by thanking you, Congressman Meeks, for your consistent management on Caribbean problems. In action to the issue that you raise, I think that the onus is not only on the U.S (What is a finance charge on a credit card). however is on the Caribbean. We in the Caribbean need to do some things to make it much easier for company to run and to become worldwide competitive. I stay convinced that if we develop the right sort of environment between the U.S. and the Caribbean that there is economic sector effort on financial investment and there are chances, very real chances which can occur by combining Caribbean and U.S.