APEP Summit brought together Biden with leaders of 10 Latin American countries
This meeting sought to strengthen economic ties, focusing on strengthening supply chains and promoting innovation
The President of the United States, Joe Biden, welcomed the leaders of 10 Latin American countries in Washington at the Leaders’ Summit of the Alliance for Economic Prosperity in the Americas (APEP), according to an official statement from the White House.
This meeting sought to strengthen economic ties between nations, focusing on strengthening supply chains, promoting innovation in the public and private sectors, and addressing the climate crisis, with special emphasis on “clean energy, semiconductors and medical supplies.”
At the inaugural Americas Partnership for Economic Prosperity Leaders’ Summit, President Biden reaffirmed the United States’ commitment to working with our partners to drive more inclusive and sustainable economic growth in the Western Hemisphere. pic.twitter.com/tXFW1acAl8
— The White House (@WhiteHouse) November 3, 2023
Objectives and priorities of the economic alliance
In a joint statement, the leaders presented the five priorities of this economic alliance:
- Strengthen regional competitiveness and integration
- Enhance shared prosperity and good governance
- Build sustainable infrastructure
- Protect the climate and the environment
- Foster healthy communities
Participants and Key Topics Addressed
The leaders of Barbados, Canada, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Peru and Uruguay attended the meeting. In addition, representatives of Mexico and Panama, in the absence of their presidents, were present.
At the meeting, migration was discussed as a priority issue, noting that the countries of the alliance host the majority of migrants and refugees in the region.
Therefore, investment in these communities was emphasized to drive innovation, stabilize migration flows and catalyze growth.
Commitments and contributions for migration
The White House announced the investment of nearly US$485 million through the State Department and USAID to support migrants, refugees and vulnerable communities in the Western Hemisphere.
In addition, mention was made of a joint donation of US$89 million from the United States, Canada, South Korea, Spain and the Inter-American Development Bank (IDB) to support the countries most affected by migration.
Perspectives of some Latin American leaders
The president of Colombia, Gustavo Petro, highlighted the importance of the energy issue on the agenda, focusing on the region’s potential contribution to the energy transition of the United States.
Guillermo Lasso, president of Ecuador, emphasized openness and frankness in the conversations, describing them as positive.
Finally, the president of Chile, Gabriel Boric, expressed his country’s commitment to multilateralism and fair trade to achieve tangible improvements in the quality of life of citizens.
Taken and with information from El Sumario
(Referential image source: @WhiteHouse, social network X)
Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram
