No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveObama says job creation is the priority on Latin America tour

Obama says job creation is the priority on Latin America tour

WASHINGTON, D.C. – President Barack Obama said Friday that the priority on his current Latin American tour is job creation and the strengthening of economic ties with a region whose economy is growing and is a “partner in progress.”

The president left Friday night for Brazil, the first stop on a tour of three countries in five days, which will also include Chile and El Salvador. This is his first trip to Central and South America since taking office 26 months ago.

One reason for the trip is “to strengthen our economic relationship with neighbors who are playing a growing role in our economic future,” Obama said in an op-ed published Friday in USA Today.

“Our neighbors in the Americas are bound to us by shared history, values and interests. What I will convey this week is that we are partners in progress,” the president said. “Strengthening these partnerships will advance the common prosperity and common security of all our people, creating new jobs and new growth across the hemisphere.”

The president said that the economy of the region, with its close to 600 million inhabitants, grew by approximately 6 percent last year and the pace of expansion is expected to accelerate.

“And as these markets are growing, so is their demand for goods and services – goods and services that, as president, I want to see made in the United States of America,” Obama said.

He said that every $1 billion in exports provide more than 5,000 jobs in the United States, so that the government’s goal is to double exports of goods and services by 2014.

In the op-ed Obama does not mention, however, the trade treaties with Colombia and Panama that are pending ratification in Congress and are opposed by labor unions, one of the Democratic Party’s key constituencies going into the 2012 presidential race.

Trending Now

Costa Rica Orders Removal of Toll Booths Near San Jose Airport

Drivers using Route 1 near Juan Santamaría International Airport are set to get some relief after President Rodrigo Chaves ordered the removal of the...

Expomóvil 2026 Opens in Belén with 350 Models

Costa Rica's biggest auto fair of the year is in full swing, and this edition is one for the record books. Expomóvil 2026 started...

Costa Rica Travelers Face Uncertainty as Spirit Airlines Nears Liquidation

Spirit Airlines, the ultra-low-cost carrier that has connected Costa Rica to the United States with daily flights to Fort Lauderdale and Orlando, is now...

Costa Rica Releases New Collectible Coin Honoring Arenal Volcano

Costa Rica will release a new ₡25 coin on Wednesday that pays tribute to Arenal Volcano, putting one of Alajuela’s best-known landmarks into the...

DEA Renews Extradition Request for Alleged Drug Trafficker

U.S. authorities have renewed their push to extradite Jonathan Álvarez Alfaro, the Costa Rican suspect known as “El Profe” or “Gato,” reviving a case...

Panama Takes Custody of Flight 901 Bombing Attack Suspect

Panama took custody Monday of the main suspect in the 1994 bombing of Alas Chiricanas Flight 901, the deadliest terrorist attack in the country’s...
Avatar

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel