Microsoft, Mastercard sign on to VP Harris's Central America strategy
May 27, 2021
6:39 PM CDT
Nandita Bose
4 minute read
Twelve companies and groups including Microsoft Corp (MSFT.O), Mastercard (MA.N) and Nestle's (NESN.S) Nespresso on Thursday will commit to making investments in Central America - a win for Vice President Kamala Harris as she aims to lower migration from the region into the United States.
President Joe Biden has tasked Harris with leading U.S. efforts with Mexico and the Northern Triangle countries of Honduras, El Salvador and Guatemala. Since then, Harris has taken a series of steps aimed at improving conditions and lowering migration from the region.
Harris, who met with officials from these companies and groups on Thursday, said economic opportunities in the region can be boosted via partnerships with the private sector.
"In order for us as an administration, the United States government, to maximize the potential of our work, it has to be through collaboration, through public-private partnerships," Harris told reporters at the start of the meeting.
More:
https://www.reuters.com/business/us-vp-harris-meet-companies-groups-push-central-america-economic-growth-2021-05-27/
Also posted in LBN:
https://www.democraticunderground.com/10142749462
