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News and Views

Regional Public Goods 2014 Call for Proposals

On February 24, 2014, the Inter-American Development Bank (IDB) launched the 2014 Call for Proposals (CFP) of the Initiative for the Promotion of Regional Public Goods in Latin America and the Caribbean (LAC).

Apr 24, 2014.

INT encourages countries to diversify exports

In El Salvador, 40% of the value of exports is generated by only 10 firms that trade a handful of products. This makes the country vulnerable to external shocks, such as a fall in the prices of exported commodities or lower demand in traditional export markets. In such circumstances, countries are encouraged to diversify exports.

Apr 10, 2014.

IDB’s Americas Business Dialogue convenes private sector to discuss the region’s development priorities

In the event held in São Paulo, on Wednesday March 26, business associations’ leaders discussed the region’s priorities for development and exchanged ideas towards the next CEO Summit of the Americas to be held in Panama in 2015.

Mar 26, 2014.

Mexico and South Korea Sign a Mutual Recognition Agreement

The Integration and Trade Sector of the IDB has been supporting the negotiating process and has provided financial support for the activities leading to the signature of the agreement.

Mar 11, 2014.

Pacific Alliance Proceeds with Trade Protocol Signing

The VIII Presidential Summit of the Pacific Alliance (PA), held in Cartagena, Colombia, last February 10, saw the signing of the Business Protocol Addendum to the Framework Agreement Establishing the PA. This Protocol was painstakingly negotiated among the four countries and marks a major step toward accomplishing the objectives set by the Alliance leaders with respect to the free movement of goods, services, and people.

Mar 6, 2014.

Caribbean countries discuss Strategic Agenda for Integration

The Caribbean SAI process seeks to deepen the dialogue between the Bank and countries in the region and stimulate their active engagement in the programming of integration operations. Possible areas of collaboration fall under 4 thematic pillars: Transport, Trade Facilitation, Global Services Exports and Tourism, and Energy.

Mar 5, 2014.

The Pacific Alliance Business Council (CEAP) Moves Ahead

At the last Pacific Alliance Presidential Summit, the Business Council held a new session in order to assist the Governments of the Alliance in the areas of work. Accordingly, it prepared technical proposals for 10 areas geared toward strengthening integration among the Alliance member countries.

Mar 5, 2014.

Costa Rica, ever closer to joining the Pacific Alliance

During the VII Presidential Summit of the Pacific Alliance, the President of Costa Rica signed a Declaration on her country’s Accession to the Alliance. This framework document launches the negotiations on Costa Rican entry into the Alliance, where it heretofore had solely enjoyed observer status.

Mar 5, 2014.

Issues Emerging from the VIII Presidential Summit of Pacific Alliance Countries

The Presidents signed a series of cooperation agreements and directed the Ministers and the High Level Group to move forward on a series of issues in the first semester of 2014.

Mar 4, 2014.

WEConnect International y el BID (Spanish only)

Este 27 de febrero, 2014, la Presidenta de Costa Rica, Laura Chinchilla ha firmado en la ciudad de San José un histórico decreto ejecutivo que realza el desarrollo económico de la mujer. El evento, organizado en conjunto por WEConnect International y el BID, contó con la participación de representantes de entidades públicas y privadas, con el objetivo de respaldar esta iniciativa que fomenta el progreso de la mujer empresaria.

Feb 27, 2014.

Lower domestic transport costs are key to boosting exports from Latin America and the Caribbean

Latin American countries could significantly boost exports, especially from poor and remote municipalities that have yet to benefit from the region’s recent trade boom, if they focused their efforts on reducing domestic transport costs, according to a new study by the Inter-American Development Bank (IDB).

Dec 20, 2013.

Uruguay Launches International Trade Single Window

On December 6th, Uruguay launched its international trade single window (known in Spanish as “VUCE”), thanks to the holistic support of the Trade and Investment Unit of the Integration and Trade Sector of the IDB.

Dec 19, 2013.

Rio de Janeiro hosted the Regional Integration Forum

The goal of the event was to provide a space for dialogue between government representatives in charge of prioritizing public investments, in which they could share and align positions concerning the prioritization of integration projects.

Dec 19, 2013.

INT organizes regional workshop on trade statistics

The Integration and Trade Sector (INT) and its Institute for the Integration of Latin America and the Caribbean (INTAL) organized in the city of San Jose, Costa Rica, on November 19-21, 2013, a workshop on methodologies for recording statistics on trade flows in Central America and Mexico, with emphasis on special trade regimes.

Dec 19, 2013.

ADB, IDB Presidents discuss interregional partnership and shared challenges

Asian Development Bank (ADB) President Takehiko Nakao and Inter-American Development Bank (IDB) President Luis Alberto Moreno met today to discuss how the two regions can step up joint efforts to tackle shared opportunities and challenges, such as increased economic integration, private sector development, rising inequality, and a lack of opportunities for the poor.

Dec 19, 2013.

Latin American companies learn from innovative Japanese firms at Japan-LAC Business Forum in Tokyo

More than 400 businesspeople and government officials from Japan and Latin America and the Caribbean gathered Nov 7-8 in Tokyo for the Japan-LAC Business Forum, where they discussed ways that both regions can boost growth by engaging in greater trade, investment and knowledge sharing.

Dec 19, 2013.

Outsource2LAC shapes up as the foremost outsourcing and offshoring event in Latin America and the Caribbean

More than 500 businesspeople from the global services sector, trade promotion professionals and government officials participated in the meeting, which was held in Buenos Aires Nov. 20-21.

Dec 19, 2013.

IDB to lend US$18 million to support Trinidad and Tobago’s global IT-enabled services capacity

Trinidad and Tobago will receive an US$18 million loan from the Inter-American Development Bank (IDB) to help the country expand its ability to offer global information technology-enabled services (ITeS).

Dec 19, 2013.

Latin American exports post second straight year of sluggish growth

According to a new study by the Inter-American Development Bank (IDB), Latin American countries could significantly boost exports, especially from poor and remote municipalities that have yet to benefit from the region’s recent trade boom, if they focused their efforts on reducing domestic transport costs.

Dec 19, 2013.

Paraguay to increase foreign direct investment and employment with IDB support

The Investment Promotion Program will support the development and implementation of a strategic investment promotion plan, institutional modernization of the country’s export promotion agency, and a training program for employees engaged in investment promotion.

Dec 19, 2013.

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