Remarks by President Biden at the Inaugural Ceremony of the Ninth Summit of the Americas & More News Here

Microsoft Theater
Los Angeles, California

6:00 P.M. PDT

THE PRESIDENT:  Good night.  Please be seated.  Welcome to Los Angeles.  (Applause.)  And I in all probability ought to cease proper right here as a result of I’ve adopted some tough acts in the previous.

AUDIENCE MEMBER:  No fossil fuels!  No!  No fossil fuels!

THE PRESIDENT:  (Laughs.)  (Applause.) 

I adopted some tough acts, however by no means earlier than have I adopted such a tough act as I’ve seen the final 45 minutes up right here. 

It’s an honor to host my fellow leaders from all through the — our hemisphere for the ninth Summit of the Americas at a second after we want extra cooperation, frequent function, and transformative concepts which have by no means been a larger want than in the present day.

I additionally need to welcome all the representatives from civil society, the non-public sector, worldwide establishments, and particularly younger individuals from throughout the Americas who’re taking part on this summit.  (Applause.)

Democracy is a trademark of our area.  Our Inter-American Democratic Charter, which grew out of the third Summit of the Americas, captures our distinctive dedication to democracy as a area.  It affirms the proper of individuals all through the Americas to democracy and our obligation as governments to advertise and defend democracy.

As we meet once more in the present day, in a second when democracy is underneath assault round the world, allow us to unite once more and renew our conviction that democracy is just not solely the defining characteristic of American histories, however the important ingredient to Americas’ futures. 

Folks — (applause) — to state the apparent, our area is massive and various.  We don’t at all times agree on all the things, however as a result of we’re democracies, we work by way of our disagreements with mutual respect and dialogue. 

At this summit, we now have a possibility for us to come back collectively round some daring concepts, bold actions, and to exhibit to our individuals the unbelievable energy of democracies to ship concrete advantages and make life higher for everybody.  Everyone.

And now not is that this a query of what is going to we do — what is going to the United States do for the Americas.  The query is what we accomplish by working collectively as true companions with various capabilities however equal and mutual respect, recognizing each our particular person sovereignty and our shared tasks. 

The COVID-19 pandemic hit our area notably laborious.  While we account for simply 12 % of the international inhabitants, we skilled greater than 40 % of reported international pandemic-related deaths.  It’s an unlimited tragedy that has left too many households grief-stricken. 

And the ensuing financial disaster, triggered by the pandemic, ravaged economies all through the hemisphere, wiping out a lot of the hard-earned progress we had made. 

Twenty-two million extra individuals fell into poverty in simply the first yr of the pandemic.

Inequity continues to rise. 

Global inflammatory [inflationary] pressures — had been made worse by Putin’s brutal and unprovoked battle in opposition to Ukraine — are making it more durable for households to make ends meet. 

And all of these elements are contributing to vastly elevated migration flows all through our hemisphere with too many individuals feeling there isn’t any possibility out there to them to offer for themselves and their households.

These challenges have an effect on all of us.  All of our nations have a duty to step up and ease the strain individuals are feeling in the present day.

In the months main as much as this summit, nations have made significant and concrete commitments to deal with these challenges.  And the United States is making an attempt to do our half as effectively.

Yesterday, we launched our Cities Forward initiative, recognizing the key roles of mayors and native governments — the position they play in delivering for the individuals the place they reside.  And we’ll host the inaugural Cities Summit of the Americas in Denver in 2023. 

Earlier in the present day, we introduced a brand new America[s] Health Corps with 50,000 [500,000] public well being and medical professionals being skilled in the area over the subsequent 5 years to assist strengthen our well being programs all through the hemisphere. 

In the subsequent few days, we’ll be rolling out one other new initiative created in cooperation with many of your nations.  It contains the U.S.-Caribbean partnership to deal with the local weather disaster, which the Vice President Harris will lead for our nation, and a collaboration amongst the United States — (applause) — the United States, Argentina, Brazil, Canada, Chile, and Mexico — the hemisphere’s largest exporters of meals — to extend meals manufacturing for export, in addition to improve fertilizer manufacturing for transportation — and transportation.

Our leaders, all of us, as we talk about methods to raised goal greater than a half a billion {dollars} of — the United States is devoting to growing safety for our residents, working with companions to disrupt transnational felony organizations, go after drug traffickers and illicit firearms, advancing anticorruption efforts, and strengthening the rule of regulation.

And tonight, I’m saying a brand new financial partnership that builds on all the work we now have executed with the area and can information our engagement going ahead.  We’re calling it “Americas Partnership for Economic Prosperity,” and it’s grounded on the identical core values that my administration is bringing to our personal robust financial restoration and to bolster long-term financial competitiveness in the United States.

First, the American [Americas] Partnership will assist economies develop from the backside up and the center out, not the prime down.  What’s true — (applause) — what’s true in the United States is true in each nation: Trickle-down economics doesn’t work.  (Applause.)

But after we put money into strengthening employees and the center class, the poor have a ladder up, and people at the prime just do high-quality.  That’s how we will improve alternative and reduce persistent inequity. 

We want to interrupt the cycle the place marginalized communities are hit the hardest by disasters and have the fewest assets to recuperate from crises and put together for the subsequent one.

Together, we now have to put money into ensuring our commerce is sustainable and accountable and creating provide chains which are extra resilient, safer, and extra sustainable.

By working with shut pals who share our values, we will make it possible for we aren’t left susceptible to sudden shocks whereas producing financial alternative for the individuals in our area. 

Second, the Americas Partnership will foster innovation and assist governments to ship for their very own individuals.  People in all places count on their authorities to assist in giving them just a bit bit of respiratory room, present alternatives for work that pays a good wage, educate youngsters to allow them to rise as excessive as their abilities can take them, make communities safer so households really feel protected of their houses and people know their rights will probably be revered. 

That means directing funding to assist governments ship on these tasks, together with modernize — modernizing multilateral growth banks to raised tackle the challenges of in the present day and of the future. 

For instance, many nations in our area have prospered — have profited over — prospered total, making it more durable for them to safe growth lending.  But they battle with deep inequity.  I’m proposing a elementary reforms to the Inter- –Inter-American Development Bank Group.  And the United States is able to put our new capital in the financial institution’s non-public sector lending arm — the IDB funding — (applause) — to assist capitalize [catalyze] in the crucial circulation of non-public capital into the area, particularly to these startup, digital connectivity, renewable power, and well being.

Third, the American [Americas] Partnership will deal with the local weather disaster head on, with the identical mentality we’re bringing to the work in the United States. 

When I hear “climate,” I feel jobs — good-paying, high-quality jobs that may assist pace our transition — (applause) — to a inexperienced financial system of the future and unleash sustainable development; jobs in growing and deploying clear power; jobs in decarbonizing the financial system; jobs in defending biodiversity of our hemisphere; jobs that may present dignity of having the ability to feed your loved ones, give your youngsters a greater life, and envision a future of potentialities.

That’s what that is all about: responding to fundamental human wishes that we share for dignity, for security, and for safety.  And when these fundamentals are absent in a single place, that’s when individuals make the determined choice to hunt them elsewhere.

So, on Friday, we’ll additionally come collectively to la- — to launch the Los Angeles Declaration, a ground-breaking, built-in new method to managing migration and sharing duty throughout the hemisphere.

The declaration represents a mutual dedication to put money into regional options that improve stability, improve alternatives for protected and orderly migration by way of the area, and crack down on felony and human trafficking who prey on determined individuals.  (Applause.)

Safe and orderly migration is nice for all of our economies, together with the United States.  It could be a catalyst for sustainable development. 

But illegal migration is just not acceptable.  And we’ll implement our borders, together with by way of progressive, coordinated motion with our regional companions.

We’ve come a good distance collectively since the United States hosted the first Summit of the Americas 28 years in the past.  But the “Spirit of Miami,” because it was identified — the sense of hope and new potentialities that outlined that first summit — stays key to dealing with the challenges of in the present day and unlocking the unbelievable potential that exists on this hemisphere — in the Americas.

There is not any purpose why the Western Hemisphere shouldn’t be safe, affluent, and democratic, from Canada’s northernmost reaches to the southern suggestions of Chile. 

We have all the instruments we’d like proper right here in our personal hemisphere.  Our individuals are dynamic and progressive.  Our nations are dedicated to working in partnership.  And our area is endlessly knit collectively by the shut bonds of household and enduring friendship.

We see it right here in Los Angeles, as you heard earlier, a metropolis that has been formed from its earliest days and strengthened over the a long time by the wealthy and various con- — contributions from individuals of all our nations. 

It’s written in the murals, the markets, the thoroughfares that crisscross the metropolis, bearing witness to the historical past, battle, and the indomitable spirit of the individuals of the Americas.

This metropolis is testomony to the connections that bind us and our capability to realize nice issues collectively.

So tonight, let’s take pleasure in a beautiful celebration.  Let us depart right here renewed with function and a renewed partnership.  And tomorrow, let’s get to work constructing the future this area deserves. 

Thank you all.  And once more, welcome, welcome, welcome. (Applause.)

6:13 P.M. PDT

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