And when the OAS under a very bold secretary basic, Luis Almagro, attempts to bring the organization toward recognizing that Venezuela is no longer in compliance with the Inter-American Democratic Charter, he is not getting the complete support of the hemisphere, and indeed much of the Caribbean Basin has actually not accompanied that. And if you line up the votes, who voted in favor and who abstained, you can do a quite simple one for one contrast based upon who belongs to Petrocaribe. And so the implication of your concern I believe is area on, you understand, which is why I think when we speak about the Caribbean in Washington, usually we believe about it in the context of, you understand, island nations or programs or social development, and all of these are extremely, extremely essential concerns.

And the dividends pay off down the road when Venezuela itself remains in the spotlight of the worldwide neighborhood. Then they have friends that they can rely on and it pays dividends for them - How to find the finance charge. So I believe that at the end of the day that is wesley financial group phone number a lesson frankly that we can discover, and I think we can build toward reversing that course. Ms. Yearwood. I agree one hundred percent with Eric. Venezuela stepped in at a time that was extremely crucial for much of the region and now the region is very much paying the cost, whether it owes money or other areas connected to votes and other requirements that they do as a result of the-- Mr.

Increased costs in energy too now. Ms. Yearwood. Sorry? Mr. Sires. A boost in the cost of energy likewise. Ms. Yearwood. Oh, definitely, definitely. Therefore I think to the point, we are at an important point now with the expense of energy being what it is with the U.S. energy supply going up and the region taking a look at methods to increase sustainable energy, whether it is through natural gas or getting the region less based on Petrocaribe and able to make these switches to brand-new types of energy is going to make a substantial distinction. Mr. Sires. See, I don't believe things take place by mishap.

The other issue that I have is the significant boost of China in this area. You know, we seem to be put to a lull of sleep or something since everyone seems to relocate and then we react. And we do not seem to capture these things up until something like this happens, you know, like Venezuela. So regrettably, you know, considering that I have actually been here we have actually been pushing-- and I know Mr. Meeks and the other members that are here, you know, this is a crucial region for us. It is an essential area for America and we really need to focus.

They are going to go through the Panama Canal and they can be found in and they toss money, you know, at these small nations, which in reality they can't manage not to accept the cash. So just how much of influence exists now of the Chinese? And I understand it is growing, but-- Ms. Yearwood. The Chinese influence, it is really really intriguing to see the method China has type of entered the region and the kinds of tasks. Sometimes it is a sports stadium - What does finance a car mean. I think the current, the Baha Mar ordeal in the Bahamas, you have actually seen the Chinese Government been available in in such a way that the U.S.

If a Chinese designer enters into a country in the area they have the Chinese financing and the Chinese Government behind them. Mr. Sires. And the employees. Ms. Yearwood. And the employees. And so you have successfully got a package that the U.S - How long can you finance a used car. can not-- the Foreign Corrupt Practices Act and all sorts of other reasons, the U.S. can not compete in regards to the kinds of investment that they have the ability to take in without kind of having to do the due diligence behind it. And it is really welcome in a great deal of places, but what Baha Mar has revealed us is that it can produce an extremely tight spot for the countries where they go.

Farnsworth. I believe Sally raises a truly intriguing and essential point in this context. Trade credit may be used to finance a major part of a firm's working capital when. You know, the Chinese or Venezuelan model Helpful site is a state-led design, so the capital of the nation, the leaders in the nation can state this is what we are going to do. We are going to create Petrocaribe or we are going to build a sports arena or we are going to declare that we are going to develop these projects, whereas the U.S. model is personal sector-led model. And the detach here is that we are handling smaller economies, island nations, and in comparison of other investment opportunities in other nations in Latin America, much less around the world, these are economies that Find more information generally aren't going to draw that large financial investment other than in a couple sectors like tourism like we have actually been talking about. What the onus has to be is to discover ways to clear and establish a seamless financial space between the U.S. and the Caribbean so that personal sector capital can work. There are chances. Last but not least, I would say that the Caribbean is becoming a far more complex location because of the changes in policy towards Cuba, the cross-cutting trade arrangements such as CAFTA, et cetera, and we need to consider the Caribbean now in a broader sense. In regard to Haiti, I think really essential is its continued combination with the English-speaking Caribbean, since these are well developed democracies and it is an economic area which holds opportunities for Haiti and there is now quite a great deal of Caribbean investment going into Haiti and vice versa.