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Biden to announce Americas food aid and IDB reform

The President of the United States, Joe Biden, will announce this week during the Summit of the Americas food aid worth US$ 300 million for the region, a reform of the Inter-American Development Bank (IDB) ) and a statement on migration, as anticipated on Monday (6) by a government official.

In a telephone conversation with the press, this source indicated that Biden will arrive in Los Angeles on Wednesday on Friday (8), when he will be in charge of delivering the opening ceremony speech. The US president will announce an alliance with Latin America and the Caribbean to promote the continent’s “economic prosperity” as it recovers from the effects of the Covid-pandemic 19, as the official detailed.

This alliance will be based on five pillars: a new impetus for regional economic institutions, an update of the social contracts between governments and their people, as well as improvements in the supply chain, the promotion of clean energy and the promotion of of sustainable and inclusive trade.

Specifically, according to the official, Biden will announce more than US$ 300 million in food aid to the region, which suffers from the increase in as a result of Russia’s war in Ukraine, as both countries are two of the world’s biggest wheat producers.

In addition, Biden will propose an “ambitious reform” of the IDB to provide the private sector a greater role in the development of the continent. Thus, on Wednesday the predominant theme will be the economy, while on Thursday the focus will be the climate crisis.

On the occasion, US Vice President Kamala Harris will hold a meeting with Caribbean leaders to announce a new alliance to help these countries, one of the most affected on the continent by climate change and rising water levels. The Special Envoy for Climate, former Secretary of State John Kerry, will also attend this meeting.

Finally, on Friday, Biden intends to sign a document called the “Los Angeles Declaration on Migration”, which will also be signed by Mexico, despite its president, Andrés Manuel López Obrador, having announced that he will be absent from the meeting in repudiation of the exclusion of Cuba, Nicaragua and Venezuela. That statement will not be released until Friday, the day the summit will conclude.

Questioned by Agência EFE, the official declined to provide details on the bilateral meetings Biden will hold during the summit, although he confirmed a meeting with President Jair Bolsonaro.

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