Business World

Tillerson to rally Americas, amid Venezuela crisis

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WASHINGTON US Secretary of State Rex W. Tillerson is to embark on his first major tour of Central and South America this week as a worried region watches Venezuela’s slide into crisis.

On Thursday, Washington’s top envoy will lay out his vision for relations with the United States’ southern neighbors in a speech in Texas before jetting on a five-nation voyage.

The political and economic turmoil in Venezuela will top the agenda as Mr. Tillerson rallies support for Washington’s tough stance against President Nicolas Maduro’s regime.

But Mr. Tillerson will also tackle crime and immigratio­n in US neighbor Mexico, after President Donald J. Trump threatened to tear up a North American trade pact and build a border wall.

And, in his talks with senior off icials, he will help prepare four major diplomatic events, starting with April’s Summit of the Americas in Peru and June’s G7 meet in Canada.

Then, later this year on Nov. 30 to Dec. 1, Latin America will for the first time host the G20 Leaders’ Summit of the world’s great powers in Buenos Aires, Argentina.

“We’re going to have a year of high profile events,” a senior State Department official told Washington reporters at a background briefing on the trip ahead.

“The secretary’s speech will, I think, set the stage for all of that,” he said, explaining Mr. Tillerson’s stop over at the University of Austin, in Texas on his southward leg.

In addition to the internatio­nal timetable, several major Latin American economies hold elections this year, including Venezuela, which plans to vote before the end of April. — AFP

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