Saturday, March 25, 2023

The US aims to add $4,200 million to the investment of its companies in Central America

private companies Committed to invest $4,200 million As part of an effort by the Office of the Vice President of the United States in northern Central America, kamala harrisTo stop migration, the White House said on Monday.

Most recent figures, over $3.2 billion announced in June 2022The pledges stemmed from 47 companies and organizations, including retailer Target and sportswear company Columbia.

In new announcements Monday, Target pledged to increase its spending El Salvador, Guatemala and Honduras at $300 million this year, while Colombia said it would buy $200 million worth of products in the region, Creation of over 6,900 jobs in five years,

President Joe Biden, who will deliver the annual State of the Union address on Tuesday, appointed Harris to lead the efforts in March 2021. reduce migration The beginning of his administration saw an increase in the number of crossings at the US-Mexico border.

Harris has focused her efforts on addressing the factors that prompt migrants to leave the three countries she northern triangleIncluding lack of economic opportunity.

Corruption and governance concerns in all three countries have limited the Harris Initiative’s effectiveness, leading to cancellation or suspension. suspension of crorepati projects,

Harris, who will meet with US government officials and corporate leaders at her office in Washington on Monday, plans to launch a new phase of her Middle America Forward program, which will include a greater focus on economic development and labor rights. , as well as a boost to fight corruption, a government official said on a call with reporters.

There has been a steady decline in arrivals from northern Central America through mid-2021. During that time, hundreds of thousands of migrants from the region have been swiftly deported back to Mexico without the opportunity to seek asylum in the United States under the 2020 order. Covid is known as “Title 42”.

Nation World News Desk
Nation World News Desk
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