In 2005 the Office received the visit of outgoing IDB President Enrique V. Iglesias in September and the first official visit to Japan of new President Luis Alberto Moreno in late November. On both occasions, the Office organized courtesy visits with top authorities of Japan's Ministry of Finance, Japan Bank for International Cooperation (JBIC), Japan International Cooperation Agency (JICA), and Japan Business Federation. President Moreno also met with Japan's Prime Minister Junichiro Koizumi.

During these meetings, outgoing President Iglesias heard words of sincere appreciation for his excellent contribution to development in the LAC region and his work to enhance the Bank's relations with Japan.

President Moreno took advantage of his visit with Prime Minister Koizumi to propose a high-level conference of Japanese and LAC business leaders to be held in Japan around the mid-July, with the purpose of exploring ways to promote investment, trade, tourism and technology flows between Japan and LAC, so as to promote private sector and infrastructure development in the region. He also discussed areas to enhance future collaborative efforts with the authorities of JBIC, JICA and Japan Business Federation.

Both Presidents Iglesias and Moreno also held press conferences with members of the Japanese and foreign media to discuss issues relevant to the Bank, LAC and the international community. They also held exchange meetings with the ambassadors of the Latin American and Caribbean countries in Japan.

After Japan, President Moreno went on to the Republic of Korea, where he met with President Roh Moo-Hyun, authorities such as the Ministry of Finance and Economy, the Bank of Korea, Export-Import Bank of Korea, business leaders and the LAC ambassadors.