US signs agreement with Alliance for Development in Democracy countries

The objective is to strengthen mutual support in supply chains, strengthening collaboration for the economic development of the nations of the group.

EFE/EPA/DAVID MAXWELLUnited States President Joe Biden

You United States signed this Monday, the 25th, a memorandum of understanding with Costa Rica, the Dominican Republic and Panama, the countries of the so-called Alliance for Development in Democracy, to strengthen mutual support in supply chains. In a statement, the US Department of State said that with this agreement, countries are committed to “sharing best practices” to help in such a chain and to work in other areas of economic collaboration. The meeting of representatives of these countries in Washington follows on from a commitment signed in Summit of the Americas to deepen economic coordination and help to take the necessary steps to create a more favorable environment for democracy and investments in these countries. Costa Rica, the Dominican Republic and Panama are the founding countries of the Alliance for Development in Democracy, which Ecuador gained accession during the Summit of the Americas. The State Department congratulated the new member for joining this project to “build a more stable, secure and prosperous Western Hemisphere”.

*With information from EFE

Source: Jovempan

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