{"id":170622,"date":"2023-02-07T01:30:02","date_gmt":"2023-02-07T01:30:02","guid":{"rendered":"https:\/\/precoinnews.com\/?p=170622"},"modified":"2023-02-07T01:30:02","modified_gmt":"2023-02-07T01:30:02","slug":"kamala-harris-announces-bid-to-keep-central-american-migrants-at-home","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/world-news\/kamala-harris-announces-bid-to-keep-central-american-migrants-at-home\/","title":{"rendered":"Kamala Harris\u2019 announces bid to keep Central American migrants at home"},"content":{"rendered":"

Washington: <\/strong>US Vice President Kamala Harris has announced almost $US1 billion in new pledges by private companies to support communities in Central America, part of the Biden administration\u2019s effort to keep migrants from fleeing towards the US border.<\/p>\n

Ten companies, including Nestle, Target and Columbia Sportswear, said they would collectively spend $US950 million ($1.3 million) on projects in Guatemala, Honduras and El Salvador to support farmers, create textile jobs and invest in telecommunications and other industries.<\/p>\n

<\/p>\n

US Vice President Kamala Harris speaks during a roundtable with government leaders and private sector representatives about migration on Monday.<\/span>Credit:<\/span>AP<\/cite><\/p>\n

The effort comes as crossings at the US-Mexico border remain at record highs, posing logistical and humanitarian challenges to President Joe Biden and drawing intense criticism from Republicans on Capitol Hill.<\/p>\n

The vice president\u2019s announcement came as she met with a number of companies on Monday (Tuesday AEDT).<\/p>\n

It added to the commitments from businesses through the Partnership for Central America, a non-profit organisation that was created in mid-2021 to facilitate Harris\u2019 efforts to rally support for the region. The partnership had previously announced about $US3 billion in future spending from a range of companies.<\/p>\n

<\/p>\n

Texas National Guard troops block migrants from entering a high-traffic border crossing area along Rio Grande in El Paso, Texas.<\/span>Credit:<\/span>Getty<\/cite><\/p>\n

The idea, according to the vice president\u2019s aides, is to address what she calls the root causes of migration: poverty, corruption, climate change and political instability that drives people to leave their homes in search of a better life.<\/p>\n

Administration officials said the program had already generated results, though they acknowledged on a call with reporters that they could not specifically document those effects. Since mid-2021, officials said, migration from the three countries was down 71 per cent.<\/p>\n

\u201cAs part of this public-private partnership, approximately 47 companies and organisations are collaborating across financial services, textiles and apparel, agriculture, technology, telecommunications and non-profit sectors to strengthen the region\u2019s economic security,\u201d the White House wrote in a fact sheet.<\/p>\n

But even those participating in the effort say there are challenges to its success.<\/p>\n

Ajay Banga, former executive chair of Mastercard and one of the business executives who worked with Harris on the effort to raise money for Central America, said it was unlikely to make a difference in the next few months or even years.<\/p>\n

\u201cIf anyone speaking to you is declaring victory, they\u2019re crazy,\u201d Banga said. \u201cThere\u2019s work. There\u2019s real work there. That $US3 billion is interesting, but it is not implemented yet.\u201d<\/p>\n

Banga and others said they had been impressed with Harris\u2019 preparation and well-informed questions behind the scenes. But he said the administration\u2019s focus on oversight when investing the funds and deterring illegal migration was critical to its success.<\/p>\n

\u201cThen this can make a difference over five or 10 years,\u201d Banga said.<\/p>\n

There are other challenges, too. People who have worked with the administration for the past year and a half said that private investment was not enough as the United States competes with other countries, especially China, for investment in the region.<\/p>\n

Executives with some of the companies who pledged to spend millions of dollars over the course of the next five years or so said they would also need regulatory changes and adjustments to tariffs if they wanted to be successful in the long run.<\/p>\n

They will also need infrastructure to support their investments \u2013 roads, internet and power \u2013 and a total scale of spending by other similar companies. Both are things that China has embraced as it spreads investments through Asia, Africa and Latin America.<\/p>\n

In response, the administration said Harris would announce a program aimed at increasing investment in infrastructure in the region.<\/p>\n

The program would aim to help companies gain access to funding from the US International Development Finance Corp and create a Northern Central America Investment Facilitation Team intended to promote economic development.<\/p>\n

This article originally appeared in The New York Times<\/em>.<\/strong><\/p>\n

Most Viewed in World<\/h2>\n

From our partners<\/h3>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Washington: US Vice President Kamala Harris has<\/p>\n","protected":false},"author":3,"featured_media":170621,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23056],"tags":[],"yoast_head":"\nKamala Harris\u2019 announces bid to keep Central American migrants at home - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/world-news\/kamala-harris-announces-bid-to-keep-central-american-migrants-at-home\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kamala Harris\u2019 announces bid to keep Central American migrants at home - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Washington: US Vice President Kamala Harris has\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/world-news\/kamala-harris-announces-bid-to-keep-central-american-migrants-at-home\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-07T01:30:02+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2023\/02\/Kamala-Harris-announces-bid-to-keep-Central-American-migrants-at-home.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/world-news\/kamala-harris-announces-bid-to-keep-central-american-migrants-at-home\/\",\"url\":\"https:\/\/precoinnews.com\/world-news\/kamala-harris-announces-bid-to-keep-central-american-migrants-at-home\/\",\"name\":\"Kamala Harris\u2019 announces bid to keep Central American migrants at home - Pre Coin News\",\"isPartOf\":{\"@id\":\"https:\/\/precoinnews.com\/#website\"},\"datePublished\":\"2023-02-07T01:30:02+00:00\",\"dateModified\":\"2023-02-07T01:30:02+00:00\",\"author\":{\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/precoinnews.com\/world-news\/kamala-harris-announces-bid-to-keep-central-american-migrants-at-home\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/precoinnews.com\/world-news\/kamala-harris-announces-bid-to-keep-central-american-migrants-at-home\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/precoinnews.com\/world-news\/kamala-harris-announces-bid-to-keep-central-american-migrants-at-home\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/precoinnews.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"World News\",\"item\":\"https:\/\/precoinnews.com\/category\/world-news\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Kamala Harris\u2019 announces bid to keep Central American migrants at home\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/precoinnews.com\/#website\",\"url\":\"https:\/\/precoinnews.com\/\",\"name\":\"Pre Coin News\",\"description\":\"precoinnews.com\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/precoinnews.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"mediabest\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"caption\":\"mediabest\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Kamala Harris\u2019 announces bid to keep Central American migrants at home - Pre Coin News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/precoinnews.com\/world-news\/kamala-harris-announces-bid-to-keep-central-american-migrants-at-home\/","og_locale":"en_US","og_type":"article","og_title":"Kamala Harris\u2019 announces bid to keep Central American migrants at home - Pre Coin News","og_description":"Washington: US Vice President Kamala Harris has","og_url":"https:\/\/precoinnews.com\/world-news\/kamala-harris-announces-bid-to-keep-central-american-migrants-at-home\/","og_site_name":"Pre Coin News","article_published_time":"2023-02-07T01:30:02+00:00","author":"mediabest","twitter_card":"summary_large_image","twitter_image":"https:\/\/precoinnews.com\/wp-content\/uploads\/2023\/02\/Kamala-Harris-announces-bid-to-keep-Central-American-migrants-at-home.jpg","twitter_misc":{"Written by":"mediabest","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/precoinnews.com\/world-news\/kamala-harris-announces-bid-to-keep-central-american-migrants-at-home\/","url":"https:\/\/precoinnews.com\/world-news\/kamala-harris-announces-bid-to-keep-central-american-migrants-at-home\/","name":"Kamala Harris\u2019 announces bid to keep Central American migrants at home - Pre Coin News","isPartOf":{"@id":"https:\/\/precoinnews.com\/#website"},"datePublished":"2023-02-07T01:30:02+00:00","dateModified":"2023-02-07T01:30:02+00:00","author":{"@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/precoinnews.com\/world-news\/kamala-harris-announces-bid-to-keep-central-american-migrants-at-home\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/precoinnews.com\/world-news\/kamala-harris-announces-bid-to-keep-central-american-migrants-at-home\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/precoinnews.com\/world-news\/kamala-harris-announces-bid-to-keep-central-american-migrants-at-home\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/precoinnews.com\/"},{"@type":"ListItem","position":2,"name":"World News","item":"https:\/\/precoinnews.com\/category\/world-news\/"},{"@type":"ListItem","position":3,"name":"Kamala Harris\u2019 announces bid to keep Central American migrants at home"}]},{"@type":"WebSite","@id":"https:\/\/precoinnews.com\/#website","url":"https:\/\/precoinnews.com\/","name":"Pre Coin News","description":"precoinnews.com","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/precoinnews.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"mediabest","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","caption":"mediabest"}}]}},"_links":{"self":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/170622"}],"collection":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/comments?post=170622"}],"version-history":[{"count":0,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/170622\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media\/170621"}],"wp:attachment":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media?parent=170622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/categories?post=170622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/tags?post=170622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}