Tuesday, March 24, 2009

Shannon Confirms Support

Thomas Shannon, U.S. Assistant Secretary of State reaffirmed support to Guatemala in combating drug trafficking. He spoke of the issues discussed at a scheduled meeting with President Alvaro Colom.

In U.S. embassy building, the official said that the region will receive $160 million under Plan Merida. U.S. $16 million of that will be earmarked for Guatemala.

Shannon also reiterated his support for the management of the International Commission against Impunity in Guatemala (CICIG).

He indicated that his government is studying the impact of the economic crisis in Central America. According to the Shannon, it is anticipated that the greatest economic blow will come from the reduction in remittance flows and the decline in exports from the countries of Central America.

He added that the United States will evaluate the possibility of granting loans to alleviate the crisis in the countries of the region. The loans would come from the World Bank and International Monetary Fund.

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