situation report

Americas: U.S. to Resume Financial Aid for 3 Latin American Countries

1 MIN READOct 17, 2019 | 15:16 GMT

What Happened: The United States will resume financial aid for Honduras, Guatemala and El Salvador after all three countries signed asylum cooperation agreements with the United States over the past months, The Washington Post reported Oct. 16.

Why It Matters: U.S. foreign assistance is a key part of the three Latin American countries' budgets and restoring financial aid will ease the strain on their state expenses. The asylum cooperation agreements also provide U.S. President Donald Trump with a much-needed political victory on immigration policy to consolidate his voter base for the upcoming presidential election in 2020.

Background: The White House has been using a combination of tariff threats and foreign aid suspensions to convince Latin American countries, such as Mexico, Honduras, El Salvador and Guatemala, to cooperate with Washington and limit the flow of migrants through the region toward the U.S. border.

Read More:

Article Search

Copyright © Stratfor Enterprises, LLC. All rights reserved.

Stratfor Worldview

OUR COMMITMENT

To empower members to confidently understand and navigate a continuously changing and complex global environment.

GET THE MOBILE APPGoogle Play