U.S. commits $5.8 billion to develop Central America: Mexico

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Mexico’s Foreign Minister Marcelo Ebrard announces a joint development plan between Mexico and the United States for the northern triangle of Central America, in Mexico City, Mexico December 18, 2018. REUTERS/Edgard Garrido

MEXICO CITY (Reuters) – Mexico’s foreign minister Marcelo Ebrard said on Tuesday that the United States is committing $5.8 billion toward development in Central America, as part of a plan to strengthen economic growth in the region and curb illegal immigration.

Speaking at a news conference in Mexico City, Ebrard said the two countries will form a working group to monitor the progress of the development plan.

Reporting by Anthony Esposito, Writing by Daina Beth Solomon; Editing by Dave Graham

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