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Eleven countries join Americas Partnership -- Biden

WASHINGTON, Jan 27 (KUNA) -- US President Joe Biden said Friday that 11 countries joined the Americas Partnership for Economic Prosperity (Americas Partnership) - "a historic initiative that will bring our hemisphere together to drive sustainable and inclusive economic growth." "Canada, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, Mexico, Panama, Peru and Uruguay are joining the United States and coming together to advance the Americas Partnership, a significant step that will help deliver for working people across our region," he said in a statement.
"This group represents about 90 percent of the Western Hemisphere's GDP and nearly two thirds of its people. "Working together, we will unleash our full economic potential - including boosting our competitiveness, building more resilient regional supply chains, creating quality jobs, combating climate change, and reinvigorating our hemisphere's economic institutions. "We will focus on improving the lives of our peoples and growing our economies from the bottom up and middle out," Biden explained.
"This is just the beginning. The Americas Partnership is a flexible framework and open to all countries that share our values and vision for a prosperous hemisphere. "I look forward to gathering with Americas Partnership leaders to discuss ways we can continue to deepen our economic cooperation and harness our strengths through the Americas Partnership," he added.
President Biden announced the Americas Partnership at the opening ceremony of the Ninth Summit of the Americas in Los Angeles on June 6-10, 2022.
The initiatives aims to "strengthen and expand our efforts to drive regional economic growth by focusing on the drivers of bottom-up and middle-out economic growth, good-quality jobs, and our competitiveness," according to a White House fact sheet. "Our workers, our companies, and our people benefit from our close economic ties and deep partnership with our closest neighbors. "Through the Americas Partnership, we will ensure that our hemisphere remains among the most dynamic economic regions in the world," the fact sheet added. (end) asj.gb