Vice President Kamala Harris recently announced commitments by U.S. businesses to invest over $1.2 billion in economic opportunities in Northern Central America. While well-intentioned, this short-sighted attempt to stabilize the region simply throws money at a strategy that fails to address the root causes of migration, including restrictive and anti-competitive rules codified in the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR). These rules must be updated to address the instability and economic stagnation that they perpetuate in the region.
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