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LatinNews Daily - 28 May 2021

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In brief: US call to action for private sector investment in Central America

* US Vice President Kamala Harris has announced a Call to Action for businesses and social enterprises to make “new, significant commitments” in Central America to “help send a signal of hope to the people of the region and sustainably address the root causes of migration by promoting economic opportunity”. Earlier this year US President Joe Biden named Harris to lead US efforts with Central America’s 'Northern Triangle' (Guatemala, El Salvador, and Honduras) and Mexico to stem illegal migration. As part of this Call to Action launch, 12 companies and organisations announced commitments to support inclusive economic development in Central America's 'Northern Triangle', including: Accion (microfinance), Bancolombia (financial services), Chobani (food), Davivienda (banking), Duolingo (language-learning), the Harvard T.H. Chan School of Public Health, Mastercard (financial services), Microsoft (technology), Nespresso (coffee-making), Pro Mujer (development), the Tent Partnership for Refugees, and the World Economic Forum. The announcement is in line with the US administration’s comprehensive strategy for Central America to address the root causes of migration.