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A day after President Donald Trump canceled plans to attend the Summit of the Americas, Trump adviser and daughter Ivanka Trump announced she will unveil an initiative at the event to promote economic empowerment for women.
The summit is scheduled to start Friday in Lima, Peru.
The White House said Trump will not attend in order to focus on a U.S. response to a reported chemical attack in Syria and related developments.
Speaking to reporters during a phone briefing Wednesday, Ivanka Trump said she will highlight the importance of promoting women's economic empowerment through public-private partnership at the summit.
"While in Peru, I'm excited to announce a new initiative to propel women's economic empowerment in the region. Furthermore, to underline the joint collaboration between the United States and Peru, both in the public and private sector," she said. She did not provide further details about the initiative.
The first daughter, who will speak at the CEO Summit of the Americas, said one goal is to increase the number of women in Latin America who open their own businesses.
"Although women labor force participation rate in Latin America and the Caribbean improved from 44 percent in 1990 to 54 percent in 2014, rates of women-owned business formation have remained low at just 12 percent of all businesses," she said.
While in Peru, Ivanka Trump will meet with female corporate leaders and entrepreneurs at the Lima stock exchange. She will also visit a local woman-owned business that sells organic products from the rural regions of Peru.
A senior White House official said the initiative is in line with the Trump administration's overall security approach.
"Within the national security strategy, there is a pillar entitled 'empower women and youth,' and it says, specifically, societies that empower women to participate fully in the civic and economic life are more prosperous and peaceful," said the official. "We support the efforts to advance women's equality, protect the rights of women and girls, and promote women and youth empowerment programs."
President Trump originally planned to attend the 8th Summit of the Americas and travel to Bogota, Colombia, which would have been his first trip to Latin America.
"At the President's request, the Vice President will travel in his stead. The President will remain in the United States to oversee the American response to Syria and to monitor developments around the world," press secretary Sarah Huckabee Sanders said Tuesday.
The official emphasized there will be "a very high-level delegation" from the administration to attend the summit to "further strengthen the relationship between the United States and the Americas, and to promote collaboration, investment, trade and sustainable development."
U.S. Deputy Secretary of State John Sullivan, Commerce Secretary Wilbur Ross, U.S. Trade Representative (USTR) Robert Lighthizer, U.S. Agency for International Development (USAID) Administrator Mark Green and Overseas Private Investment Corporation (OPIC) President Ray Washburne are departing Wednesday for Lima and will be joined later this week by Vice President Mike Pence and Senior White House Adviser Jared Kushner.
https://perureports.com/2018/04/12/ivanka-trump-womens-initiative-summit...
Ivanka Trump will be attending the Summit of the Americas in Lima in order to reveal a new drive to improve women’s empowerment in the Latin American region.
Voice of America news site reported that Donald Trump’s daughter and chief advisor will be part of the delegation attending the Summit of the Americas that begins Friday along with Vice President Mike Pence. Attending alongside husband Jared Kushner, she will speak at the CEO Summit, the most important business forum of the Americas.
“While in Peru, I’m excited to announce a new initiative to propel women’s economic empowerment in the region,” she said,” she told reporters in a telephone interview. “Furthermore, to underline the joint collaboration between the United States and Peru, both in the public and private sector.”
El Comercio reported that while in the Peruvian capital, she plans to visit female entrepreneurs at Lima’s stock exchange, as well as highlight the participation of women in the economy with a female-owned business that makes organic produce.
In the interview, Trump highlighted the economic difficulties faced by women and lamented the lack of progress in women starting their own businesses.
“Although women labor force participation rate in Latin America and the Caribbean improved from 44 percent in 1990 to 54 percent in 2014, rates of women-owned business formation have remained low at just 12 percent of all businesses,” she said.
Trump has worked a lot with women’s empowerment and women’s rights in her advisor role in the White House. Last year, she launched the Women’s entrepreneurial Finance Initiative, or We-Fi, which aims to encourage private investment and funding to women-owned companies and is backed by the World Bank.
Additionally, she announced the WomenConnect Challenge in conjunction with USAID, which will provide more than $1 billion in prize money for innovative solutions to get girls and women online and to provide them with a better quality of life.
“Women reinvest approximately 90% of their earnings into their family and their communities, creating a unique multiplier,” she told El Comercio. “When we invest in women, communities proper and countries prosper.”
The 8th Summit of the Americas will take place in Lima on Friday and Saturday where the leaders of countries in the region will cover themes such as corruption and the crisis in Venezuela. Neither U.S. President Donald Trump nor Venezuelan leader Nicolás Maduro will be in attendance, according to announcements made earlier in the week.
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