Closing Session

Content • Closing Session • Latin American Astronaut • Inaugural Session • Central America and Asia investments • MIF gets half a billion dollar boost • Latin America - East Asia Relations • Millenium goals • Closing the gap • Remittances • The water crisis • Initial Activities • Latin American Japanese Artists • Welcome to Okinawa

Inter-American Development Bank President Enrique Iglesias closed the 46th IADB Annual Meeting with a speech in which he reminded the audience of the fundamental theme of the gathering, the strengthening of LatinAmerican and Japan relations.

Iglesias also underlined several objectives that will attract the Bank’s attention in the future, including the balancing of the role of the state and private sector.

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Master R-1

Enrique Iglesias

President, IADB

12:09:52

“Yo creo que América Latina…”

10:12

“… más y mejor estado, más y mejor mercado”.

Iglesias also stressed that the region must confront the Millennium Goals, especially the elimination of poverty.

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Master R-1

8:45

“Hay que tomar como un punto de referencia…”

9:20

“…y ese creo que es importante”.

He also emphasized the prevalent inequality in the region.

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Master R-1

10:56

“Muchos gobiernos recordaron aquí una vez más…”

11:29

“…con mucho vigor”.

Iglesias warned that the economic bonanza most of the region is now enjoying must be administered wisely in order to avoid classic economic swings.

He also set several goals for the workings of the bank, including a much bigger emphasis on issuing loans in local currencies, strengthening the Multilateral Investment Fund and achieving a responsible flexibility in its operations.

He gave an optimistic evaluation of the region’s relationships with the rest of the world.

SOT

26:23

“Tenemos una vocación de cooperación regional…”

26:57

“…grandes e importantes desafíos”.

Finally, Iglesias expressed his deep gratitude to the Okinawan authorities.

And invited the audience to gather again in Bello Horizonte, Brazil, the site of the next IADB Annual Meeting.

12:00:51

“Quisiera decirles…

01:00

“…muchas gracias”.