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Duque highlighted the Biden administration’s decision to grant TPS to almost 400,000 Venezuelan citizens on US soil, but he also urged US companies, especially those working in information technology, to nearshore in Latin America where labor costs are lower than they are in the United States. He explained that migrants crossing both the US-Mexico border and the Colombia-Venezuela border do so in search of better economic opportunities and that nearshoring may increase opportunities for these migrants in their home countries. “If there is a strategic nearshoring of those investments in Latin America, it can be a way to contain massive migration to the United States,” he said. By Larry Luxner. Full Text -> New Atlantic
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