Despite Americas summit controversy, U.S. hopes to shift focus to migration, economy
After controversy over countries that weren't invited to the Summit of the Americas, the Biden administration touted plans to stem migration and boost the economy.
After an uproar over its exclusion of guests to the Summit of the Americas, the Biden administration is promoting plans to address economic, health and food security issues in Latin America to stem migration to the U.S.
Vice President Kamala Harris on Tuesday will announce $3.2 billion in corporate pledges to help tackle the “root causes” of migration from Central America, according to her office.
The corporate pledges includes $270 million from Visa to help bring 6.5 million people into the formal banking system. The apparel company Gap pledged $150 million to increase materials sourced from the region.
President Joe Biden will announce later this week an economic partnership for the Western hemisphere called Americas Partnership for Economic Prosperity. It’s focused on economic recovery by building on existing trade agreements, according to U.S. administration officials.
Biden will also sign the Los Angeles Declaration on Migration, which a senior administration official said “is an unprecedented and ambitious step by the United States and regional partners to work together to address the migration crisis in a comprehensive manner."
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