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LATIN AMERICA ADVISOR a DAILY PUBLICATION of the DIALOGUE Monday, April 19, 2021 LATIN AMERICA ADVISOR A DAILY PUBLICATION OF THE DIALOGUE www.thedialogue.org Monday, April 19, 2021 BOARD OF ADVISORS FEATURED Q&A TODAY’S NEWS Diego Arria Director, Columbus Group POLITICAL Devry Boughner Vorwerk Will U.S.-Northern Raúl Castro Chief Corporate Affairs Officer, Grubhub Confirms Joyce Chang Global Head of Research, Triangle Talks Lead Departure as JPMorgan Chase & Co. Party Leader Paula Cifuentes Director of Economic & Fiscal Affairs, to Good Results? Raúl Castro confirmed at the Latin America & Canada, opening of the Cuban Communist Philip Morris International Party’s eighth congress that he Marlene Fernández is stepping down as the party’s Corporate Vice President for leader. Government Relations, Arcos Dorados (McDonald’s) Page 2 Peter Hakim President Emeritus, BUSINESS Inter-American Dialogue Donna Hrinak Lithium Miners Senior VP, Corporate Affairs, Royal Caribbean Group With Argentina Jon E. Huenemann Projects Eye Council Member, GLG Inc. $3 Billion Merger James R. Jones Australia’s Orocobre has agreed to Chairman, Guatemalan President Alejandro Giammattei (at head of table) met April 5 with members of a Monarch Global Strategies buy rival miner Galaxy Resources, U.S. delegation in Guatemala City. // File Photo: @DrGiammattei via Twitter. both of which have projects in Craig A. Kelly Senior Director, Americas Argentina, in a $3 billion all-stock Int’l Gov’t Relations, Exxon Mobil The U.S. special envoy to the so-called “Northern Triangle” deal. John Maisto countries, Ricardo Zúñiga, met earlier this month with top Page 3 Director, U.S. Education Finance Group officials in Guatemala and El Salvador to discuss immigra- Nicolás Mariscal Q tion as the Biden administration is grappling with an influx POLITICAL Chairman, Grupo Marhnos of migrants attempting to cross the southern U.S. border. At the same Mexico’s López Thomas F. McLarty III time, U.S. Vice President Kamala Harris spoke by phone with Mexico’s Obrador to Seek Chairman, McLarty Associates president as the U.S. administration is reportedly seeking to “surge hu- Immigration Deal Beatrice Rangel manitarian assistance” to Central American countries. What did Zúñiga Mexican President Andrés Manuel Director, accomplish on his visit to the region? What should any new U.S. assis- López Obrador said he plans to AMLA Consulting LLC tance consist of? How effectively is the Biden administration handling propose a regional agreement on Jaana Remes migration to the United States. He Partner, the swell of migrants at the border? McKinsey Global Institute said the plan would create one Ernesto Revilla million jobs. Head of Latin American Ernesto Muyshondt, mayor of San Salvador: “During his Page 2 Economics, Citi Gustavo Roosen visit, Ricardo Zúñiga met with representatives of the private President, sector, civil society and international organizations, as well IESA Andrés Rozental as journalists, who presented the main challenges that hinder President, Rozental & A El Salvador’s development. He also reiterated the U.S. commitment to the Asociados development and exercise of a free press as a basis to guarantee democ- Shelly Shetty Managing Director, Sovereigns racy. Zúñiga also held meetings that allowed him to learn about the condi- Fitch Ratings tions of migrants, the main causes of irregular migration and the support given to returnees by El Salvador’s government. U.S assistance should support local economic growth and should also help strengthen the rule of law and the role of institutions through accountability, transparency, ac- cess to public information and the fight against corruption. Additionally, López Obrador // File Photo: Mexi- U.S. assistance should involve strategies for dealing with unaccompanied can Government. Continued on page 2 COPYRIGHT © 2021, INTER-AMERICAN DIALOGUE PAGE 1 LATIN AMERICA ADVISOR Monday, April 19, 2021 POLITICAL NEWS Party meeting side by side, the AP reported. NEWS BRIEFS Castro’s departure marks the first time in more Raúl Castro Confirms than six decades that neither he nor his brother Brazil Needs $10 Billion to Fidel, who died in 2016, would be in a formal Achieve Net-Zero Carbon Departure as Party leadership role in Cuba. The change comes as the Covid-19 pandemic and restrictions put Emissions by 2050: Salles Leader in Cuba in place by the administration of former U.S. Brazilian Environment Minister Ricardo Salles President Donald Trump have battered Cuba’s said Brazil needs $10 billion in foreign aid Raúl Castro on Friday confirmed that he is economy. per year in order to achieve net-zero carbon stepping down as head of Cuba’s Communist emissions by 2050, a decade ahead of its Party, the Associated Press reported. Castro, Mexico’s López initial plan of 2060, Reuters reported Friday. 89, made the announcement at the opening of His comments came as Brazil is in talks for a the party’s eighth congress and said he was Obrador to Seek separate potential agreement with the United retiring having fulfilled his mission and “confi- States to raise funds to fight surging deforesta- dent in the future of the fatherland.” He added, Immigration Deal tion in the country’s Amazon rain forest. Salles “Nothing, nothing, nothing is forcing me to told the wire service he did not expect a deal make this decision ... As long as I live, I will be Mexican President Andres Manuel López to be announced at this week’s U.S. Earth Day ready with my foot in the stirrup to defend the Obrador said he is planning to propose a summit, adding that negotiations with the U.S. homeland, the revolution and socialism with regional agreement on migration to the United administration would continue. more force than ever.” In his speech, Castro States this week, including the expansion of praised Miguel Díaz-Canel, who succeeded him a tree-planting program to Central America, as Cuba’s president in 2018, saying he has built Bloomberg News reported. López Obrador said Venezuelan High Court a good team, The Wall Street Journal reported. he would make the proposal to U.S. President Díaz-Canel is expected to formally succeed Joe Biden at a climate-change summit sched- Orders Newspaper to Pay Castro as the Cuban Communist Party’s leader. uled for this Thursday. The Mexican president $13 Mn to Party Official Castro and Díaz-Canel entered the Communist said the plan would create more than one Venezuela’s Supreme Court has ordered FEATURED Q&A / Continued from page 1 newspaper El Nacional to pay top socialist party official Diosdado Cabello $13 million in a minors and helping to prevent violence. The Unfortunately, self-serving ‘coyotes’ have defamation case, EFE reported Saturday. Cabel- Biden administration’s measures relating hijacked the Biden administration’s more lo sued the newspaper in 2015 after it reprinted to migrants at the U.S.-Mexico border have lenient messaging and have used it to dupe a report from Spanish newspaper ABC saying a humanistic approach, among them the families and individuals to migrate. In the that U.S. authorities were investigating Cabello decree for the reunification of migrant fam- case of Guatemala, the U.S. delegation’s in connection with drug trafficking. ilies separated at the border, the permanent visit was a good first step toward a renewed protection for young migrant ‘dreamers’ of bilateral agenda around the main push factor the Deferred Action for Childhood Arrivals for migration, namely the lack of econom- (DACA) program and the revision of the ic opportunities. I believe that it set the Chilean Environmental Migrant Protection Protocols.” stage to deliver a unified message around Tribunal Reverses Ruling job creation as the single most important Salvador Paiz, president of variable that can reduce irregular migratory on Andes Iron Permits FUNSEPA and board member flows in the immediate term. Certainly, rule A Chilean environmental tribunal has discarded of FUNDESA in Guatemala City: of law, citizen security and the fight against an earlier decision by a regulator that denied A “Given the record-breaking corruption are key continued themes of the mining company Andes Iron key permits relat- figure of 172,000 migrants apprehended at bilateral agenda as they are critical ingredi- ed to its $2.5 billion Dominga copper and iron the border in March, the Zúñiga delegation’s ents to creating the necessary jobs to reduce mining project, Reuters reported Friday. Judges visit had a palpable sense of urgency. In migration. We should collectively take the of the Antofagasta Environmental Tribunal Guatemala, the delegation met with several lessons learned from the Alliance for Pros- voted unanimously to require the regional members of the cabinet and President perity plan and the U.S. Strategy for Central environmental assessment commission to vote Giammattei, whereby in El Salvador they America. Namely, we should define a much again on the project’s impact study. Andes Iron only met with the minister of foreign affairs. narrower focus, support locally developed said it was hoping to restart construction of Continued on page 4 the project later this year, provided it met with the court’s stipulations, Reuters reported. COPYRIGHT © 2021, INTER-AMERICAN DIALOGUE PAGE 2 LATIN AMERICA ADVISOR Monday, April 19, 2021 million jobs and that those who participate in the reforestation program should be given an THE DIALOGUE CONTINUES opportunity to obtain U.S. work visas, and even- tually U.S. citizenship, in return. “This would allow us to order the flow of migration, which How Effectively Is Mexico overflowed in March,” López Obrador said in a Fighting the Covid-19 Pandemic? video posted on Sunday. The tree-planting ini- tiative, dubbed Sembrando Vida, is one of the Mexico’s Health Ministry to tackle a once-in-a-century pandemic. Nev- president’s flagship cash payment programs. It acknowledged last month in a ertheless, AMLO has had a particularly poor provides a monthly stipend to citizens in rural report that the country’s true pandemic.
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