Facing deep cuts to foreign aid by the Trump administration, Central American leaders pledged on Thursday to take more responsibility to battle organized crime and curb illegal immigration from the region.
Washington is pushing the violent countries of El Salvador, Guatemala and Honduras, known as the Northern Triangle, to enact economic reforms to lift private investment and stem the flow of migrants at a meeting of Latin American leaders in Miami.
The Conference on Prosperity and Security in Central America began with the Inter-American Development Bank announcing $2.5 billion in funding for infrastructure projects in the nations which make up the bulk of migrants crossing the U.S. border.
Trump’s administration hopes tax and regulatory changes in the region will boost growth and encourage companies to invest, filling the gap left by less aid to the region. He sent Secretary of State Rex Tillerson to oversee talks in Miami.