Amid the controversy over the United States’ immigration policies, Ivanka Trump said she agrees with many people on both sides of the political aisle that the nation must help encourage stability, economic growth, and job prospects throughout Latin America.
The eldest daughter of President Trump tweeted on Sunday morning that she has already taken steps to cultivate this shared, bipartisan value — namely, by launching 2X Americas in the Peruvian capital of Lima.
On April 15, the first daughter announced the creation of 2X Americas, a U.S.-led initiative that is intended to commit $150 million and facilitate a total of $500 million for providing women in Central America and South America with access to capital and other economic opportunities. She said women face a $300 billion shortfall in access to credit.
“We want to work with our private sector partners to marshal the capital needed to finally close this persistent credit gap, so that [for] every dollar we invest, up to three private sector dollars will be mobilized,” she said at a news conference. “2X Americas will empower women in Latin America. And when women succeed, families succeed, communities succeed, and countries succeed.”
2X Americas is a project of Overseas Private Investment Corporation (OPIC), a U.S.-government financial institution that mobilizes private capital to face critical development challenges and advance the United States’ other foreign policy objectives. OPIC’s president and CEO, Ray W. Washburne, and businesswomen were by her side at a Summit of the Americas conference during the announcement.