United States President Joe Biden is trying to increase trade with Latin America. Biden on Thursday met leaders from the Dominican Republic and Chile as part of a broader effort to chip away at China’s dominance in global manufacturing.
“There is no reason why this hemisphere should not be the most prosperous Democratic hemisphere in the world,” Biden told Chilean President Gabriel Boric. “We have all the potential to do that.”
Boric said his trip marked 200 years of diplomatic relations between the United States and Chile, “but also 20 years since the free trade agreement, which has (brought) many benefits to both countries,” he said.
The President of Chile visited the White House to attend the first Summit of Leaders of the American Partnership for Economic Prosperity on Friday (3/11). Biden will welcome leaders from across the Western Hemisphere.
The event was announced last year at the Summit of the Americas in Los Angeles as Biden prioritized expanding the United States’ alliances to counter rivals such as China and Russia. (ka/lt)