Is in our interest and in a broader idea and acceptance of what it means to be an individual and what it means to be free. Thank you very much. Thank you jim. And worldwide increases of Economic Freedom this year have been driven by improvements. [inaudible] higher Government Spending and it reflects the continuation of the interventionist stimulus policy that grant was making in the United States and in the other country. Our global agenda is based on these index and their calculated using four pillar areas and ten indicators. The sensitive issues they represent surface as challenges in every region of the world. For example, while International Trade plays an increasingly significant role in the economy of the United States and other countries, unfortunately negotiations for further global trade liberalization through the have gone to a halt. The global agenda notes bright spots for global trade. The ongoing effort of a trance pacific trade agreement. As documented in 2015 index, Pro
Hours. And now for us to declare a recess of the committee at any time, and we will have five legislative days to submit extraneous materials to the chairman for inclusion into the record. This hearing is entitled a legislative proposal to impede north kr north koreas access to finance. I recognize myself for five minutes to give an opening statement. Todays hearing will examine draft legislation to impose secondary sanctions on foreign banks whose business supports the north korean regime whether directly or indirectly. By encompassing virtually all of north kr north koreas economic activity, these measures would are represent the toughest financial sanctions yet directed at pyongya pyongyang. This the means going after cole, petroleum, textiles and minerals as well as north korean laborers abroad. In addition, the bill would incentivize greater compliance with the u. N. Sanctions by leveraging the vote at the International Financial institutions where certain countries with the lax e
[inaudible conversations] we need to declare recess of the committee and members will have five legislative days in which to submit extraneous materials in the record. This hearing is entitled a legislative proposal to impede north koreas access to finance. We now recognize myself for five minutes to give an opening statement. Todays hearing will examine draft legislation that would impose secondary sanctions on foreign banks whose business supports the north korean regime. Whether directly or indirectly. By encompassing both the Economic Activity in north korea, these measures would represent the toughest financial sanctions yet directed at north korea. This means going after coal, petroleum, textiles and minerals as well as north korean laborers abroad. In addition, the bill would incentivize greater by leveraging our vote at the International Financial institutions were certain countries with lax enforcement go to seek assistance. This bill puts those countries on notice. This propo
On textile exports. Among the witnesses were former cia and Treasury Department officials. This hearing is just under two hours. Ask to declare a recess at any time. All members will have five days to submit extraneous material to the record. This hearing is entitled a legislate iive proposal to impe north koreas access to finance. I recognize myself for five minutes to give an opening statement. Todays hearing will examine draft legislation that would impose secoese secondary sancti foreign banks whose business supports the north korean regime whether directly or indirectly. By encompassing all of north koreas Economic Activity these measures would represent the toughest financial sanctions yet directed at pyongyang. This means going after coal as well as north korean laborers abroad. The bill would incentivize greater compliance with u. N. Sanctions by leveraging our vote at Financial Institutions where certain countries with lax enforcement go to seek assistance. This bill puts thos
Hours. Ask to declare a recess at any time. All members will have five days to submit extraneous material to the record. This hearing is entitled a legislate iive proposal to impe north koreas access to finance. I recognize myself for five minutes to give an opening statement. Todays hearing will examine draft legislation that would impose secoese secondary sancti foreign banks whose business supports the north korean regime whether directly or indirectly. By encompassing all of north koreas Economic Activity these measures would represent the toughest financial sanctions yet directed at pyongyang. This means going after coal as well as north korean laborers abroad. The bill would incentivize greater compliance with u. N. Sanctions by leveraging our vote at Financial Institutions where certain countries with lax enforcement go to seek assistance. This bill puts those countries on notice. This has been informed by the committees ongoing work on north korea as well as the u. N. Panel of