Grinstsaar Kamala announces $ 1.9 BILLION for Central America to address the ‘root causes’ of migration as possibly largest caravan heads ever for US
- Vice President Kamala Harris will announce new $ 1.9 billion investment in the private sector in Central America at the Summit of the Americas in Los Angeles on Tuesday
- Announcement of billions more investment in jobs and the economy comes as thousands of migrants leave southern Mexico for the U.S. border
- Visa has pledged $ 270 million in an effort to bring 6.5 million people into the formal banking system
- Gap pledged an additional $ 150 million to increase the materials coming from the region for the products they produce and sell
- Is because Harris continues to be criticized for her role as ‘borderline’ in tackling the ‘literal causes’ of migration from the Northern Triangle
- All of the Northern Triangle and Mexico have hosted the Summit of the Americas
Kamala Harris unveiled on Tuesday morning an additional $ 1.9 billion investment from the private sector to tackle economic problems in Central America that are forcing its citizens to migrate to the US
The Vice President will announce these investments during a meeting and remarks at the Summit of the Americas in Los Angeles, California Tuesday night as she tries to prove she’s doing something to tackle ‘root causes’ of migration in her role as ‘borderline’.
The new $ 1.9 billion investment, including from Visa and Gap Inc., builds on the $ 1.2 billion pledged by private sector companies in December and will allow Harris to make a massive investment of To raise $ 3.2 billion to stop Central American migration.
President Jo Biden Harris takes the lead in addressing ‘literal causes’ of migration specifically from the region known as the Northern Triangle, which includes Guatemala, Honduras and El Salvador.
As Harris flies to Los Angeles for the summit, several thousand migrants – many from Venezuela – were driven out of southern Mexico on Monday to try to reach the US. a trek north to the US
Not all Northern Triangle leaders are at the top this week, and even Mexico’s president Andres Manuel Lopez Obrador is snobbing the events despite his shared 2,000-mile border with the US
The presidents of Guatemala and Honduras have said they will not attend summit meetings this week and will instead send other officials.
Vice President Kamala Harris will on Tuesday announce new $ 1.9 billion investment in the private sector in Central America at the Summit of the Americas in Los Angeles, California. Image: Harris leads a roundtable at the LA summit on Monday, June 6, 2022
Announcement of billions more investment in jobs and economic growth in the region comes as thousands of migrants – many from Venezuela – emigrate from southern Mexico to the U.S. border on Monday, June 6, 2022.
U.S. Customs and Border Protection officials made 234,088 stops at the Mexican border in April, a new high for the Biden administration and a general height of 22 years and an increase of 5.8% from the 221,303 meetings in March
Despite Harris’ initiative, migration has now slowed down – the exact opposite has happened, as the Biden administration has seen a record number of illegal crossings in the last year and a half, and especially in recent months.
In April alone, Customs and Border Protection encountered 234,088 migrants on the southern border, the most of any moment during Biden’s presidency to date and a height of two decades. Figures for May have not yet been released.
April figures are an uptick from a previous new high in March of 222,144 encounters, which was the highest since July of last year when CBP arrested 213,953 migrants.
The latest round of business investment, according to White House fact sheets released Monday morning, will include job creation, giving individuals the opportunity to participate in banking systems and expanding Internet access.
Visa has pledged $ 270 million in the latest round of corporate investment in the region in an effort to bring 6.5 million into the formal banking system. Clothing company Gap has pledged an additional $ 150 million to raise materials from the region for the products they produce and sell.
Approximately 6,000 migrants march in a caravan from Tapachula, Mexico to the southern border of the U.S. on Monday, June 6, 2022 as regional leaders gather in Los Angeles for the Summit of the Americas
Eight more companies together invest nearly $ 1.5 billion in agriculture, automotive, telecommunications and digital services.
During the events at the Summit of the Americas on Tuesday, Harris also plans to promote a women-focused private-sector initiative to connect 1.4 women with the financial system.
It also aims to train more than half a million women and girls in work skills to more easily get into work and support themselves and their families.
Also on Tuesday, Harris’ office announced that it will launch a $ 50 million initiative through the US Agency for International Development (USAID), called the Central American Service Corps, that will provide young people in the northern triangles with opportunities for paid community service. in areas such as education and violence prevention.
A White House statement said the investment was intended to “give hope to people in the region to build a safe and prosperous life at home.”
Harris to announce $1.9B in new Central American investments to address ‘root causes’ of migration Source link Harris to announce $1.9B in new Central American investments to address ‘root causes’ of migration