Tags: BNCOPY | BNRIO | BNSTAFF | BNTEAMS | BOLI | BRAZIL | BRIC

Clinton Pushes Latin America Business to Help Fund Drug War

Wednesday, 22 Jun 2011 04:45 PM

 

Share:
A    A   |
   Email Us   |
   Print   |
   Forward Article  |
  Copy Shortlink

Secretary of State Hillary Clinton said businesses in Latin America must pay their “fair share” of taxes to fight drug trafficking.

“True security cannot be funded on the backs of the poor,” Clinton said today at a security conference in Guatemala City, where she was joined by presidents from Central America, Mexico, and Colombia.

Clinton said the United States will pledge $300 million to counter drug trafficking in Central America this year as Mexican drug cartels deepen roots in the region. Guatemala, which borders Mexico, joins neighboring Honduras and El Salvador as having among the highest murder rates in the world, Clinton said.

The aid package will boost police forces and intelligence gathering, as well as establish a fund to promote tax reforms, Clinton said.

Colombia’s President Juan Manuel Santos called for a regional cooperation strategy to fight organized crime and said Central America should create a financial information unit, similar to the one Colombia has had for 12 years, to track down money in “suspicious bank accounts.”

“You have to have political will to defeat organized crime,” said Santos. “This is no child’s game.”


© Copyright 2014 Bloomberg News. All rights reserved.

Share:
   Email Us   |
   Print   |
   Forward Article  |
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Americans Just Don't Think Sebelius' Departure Will Matter Much

Wednesday, 16 Apr 2014 09:55 AM

The impending departure of Health and Human Services Secretary Kathleen Sebelius is bringing forth a kind of shrug from  . . .

Pope to Mafia Bosses: 'Stop Doing Evil'

Wednesday, 16 Apr 2014 09:46 AM

Pope Francis has signaled a war on organized crime in Italy after attending a prayer vigil with the families of Mafia vi . . .

Romney's Son Tweets Taunt to Reid: My Dad Pays His Taxes

Wednesday, 16 Apr 2014 09:39 AM

It's been almost two years, but Mitt Romney's son Josh hasn't forgotten Senate Majority Leader Harry Reid's insistence t . . .

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved