LatinNews Daily - 20 May 2022

In brief: Southeast Mexico receives investment boost

* The US Agency for International Development (USAID) has announced it will invest US$30m in the south-southeast of Mexico, which comprises the states of Campeche, Chiapas, Oaxaca, Quintana Roo, Tabasco, Veracruz and Yucatán. During a meeting with governors from the seven states, USAID’s deputy assistant administrator for the Latin America and Caribbean, Mileydi Guilarte, said USAID would invest in sustainable markets from summer 2022, expecting to generate further sales and investment of more than US$250m in the region. US ambassador to Mexico Ken Salazar tweeted that the investment package encompassed “all US assistance programmes to promote investment and sustainable development in Mexico’s South-Southeast region”. Salazar also thanked the Mexican government, in particular Finance Minister Rogelio Ramírez de la O, “for bolstering public-private partnerships & investment in southeast Mexico”. Governors from the south-southeast states were meeting with federal US and Mexican officials for the fifth time to discuss boosting sustainable development in the region.

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