IDB releases its 2010 Development Effectiveness Report

Wednesday, March 23, 2011 - 03:00
Report evaluates Bank’s efforts in measuring its development impact in Latin America and the Caribbean The Inter-American Development Bank (IDB) has made strides to boost transparency, accountability and enhance the development impact of its investments in Latin America and the Caribbean, according to the new edition of the IDB’s 2010 Development Effectiveness Overview.

Inter-American Development Bank and Standard Chartered Disburse First Trade Finance co-loan under the new $200 million Latin American Co-lending Partnership

Tuesday, January 25, 2011 - 03:55
The Inter-American Development Bank (IDB) and the Standard Chartered Bank (SCB) disbursed the first co-loan of the recently signed Latin American Trade Co-lending Partnership (TCLP). The $10 million, 360-day trade finance loan to Banco Industrial e Comercial S.A. (BICBANCO) will facilitate the flow of consumer goods from Brazil to Germany. This is the first of many trade finance loans expected to be disbursed under the partnership.

IDB’s President Moreno says greater integration with Asia is helping Latin American growth

Thursday, November 18, 2010 - 03:00
Rising trade and investment with Asia has helped increase exports from Latin America and the Caribbean and the region’s contribution to the growth of the world economy, said Luis Alberto Moreno, President of the Inter-American Development Bank (IDB), during his visit to India this week. Higher incomes in Asia, particularly India and China, are opening opportunities for the region’s goods and services, especially high-quality ones: from natural and unique grass fed beef, renowned wines, and specialized coffees to the high-quality services of architects and engineers, Moreno said.

More trade and cooperation needed between India and Latin America, study says

Tuesday, November 16, 2010 - 03:00
NEW DELHI – India and Latin American and the Caribbean can mutually benefit from closer trade ties and must work together to reduce trade costs and eliminate barriers, according to a study presented during an event today organized by the Global Development Network (GDN), the National Council for Applied Economic Research (NCAER) and the Inter-American Development Bank (IDB).

IDB begins public consultation on new regional and global competitive integration strategy

Thursday, November 4, 2010 - 03:00
The Inter-American Development Bank (IDB) is announcing the start of the first phase of public consultations on the development of its new Regional and Global Competitive Integration Strategy.

China Eximbank and IDB Expand Trade Activity

Friday, October 22, 2010 - 03:00
CHENGDU, China – The Export-Import Bank of China (“China Eximbank”) and the Inter-American Development Bank (“IDB”) signed a Letter of Intent to boost trade between China and Latin America and the Caribbean (“LAC”) at the China-LAC Business Summit, held in Chengdu, China, on October 21st and 22nd, 2010.

IDB welcomes CMBC to its Trade Finance Facilitation Program - TFFP

Thursday, October 21, 2010 - 03:00
CHENGDU, China – The Inter-American Development Bank (IDB) announced today the incorporation of China Minscheng Banking Corporation (CMBC) as a Confirming Bank into the IDB Trade Finance Facilitation Program (TFFP). The signing took place during the China-LAC Business Summit, held in Chengdu, China, on October 21st and 22nd, 2010.

IDB and CCPIT strengthen ties of cooperation

Thursday, October 21, 2010 - 03:00
CHENGDU, China – The President of the Inter-American Development Bank (IDB), Luis Alberto Moreno, and the Chairman of the China Council for the Promotion of International Trade (CCPIT), Wan Jifei, today signed a memorandum of understanding to work together to promote initiatives to benefit the IDB borrowing member countries in Latin America and the Caribbean.

China-LAC Business Forum opens with more than 1,000 registered participants

Wednesday, October 20, 2010 - 03:00
CHENGDU, China – A thousand government officials and business executives from Latin America and the Caribbean, China, Japan and Korea participated today in the opening session of the China-LAC Business Forum with high-ranking Chinese authorities and Inter-American Development Bank (IDB) executives.  Participants were welcomed by the Governor of the Sichuan Province, Jiang Jufeng; the President of the China Council for the Promotion of International Trade (CCPIT), Wan Jifei; the Governor of the People’s Bank of China, Zhou Xiaochuan; and IDB President Luis Alberto Moreno.

IDB launches Call for Proposals to expand integration in Latin America and the Caribbean

Tuesday, September 21, 2010 - 03:00
The Inter-American Development Bank (IDB) has launched a Call for innovative proposals for public goods that promote regional integration in Latin America and the Caribbean.