FOROMIC launches in the Dominican Republic, seeks to reinvent inclusion

October 31, 2019
The event was attended by IDB President Luis Alberto Moreno. Dominican Republic – FOROMIC, the main event on innovation for the inclusion of Latin America and the Caribbean, has just started in Punta Cana, Dominican Republic, with the slogan “Reinventing Inclusion”. The event was inaugurated by the Minister of Finance, Donald Guerrero and the President of the IDB, Luis Alberto Moreno.

IDB 60th anniversary activities begin with business summit focused on development themes

September 26, 2019
The Inter-American Development Bank kicked off its 60th anniversary celebrations with a Business Summit in Washington on the transformational innovations taking place in Latin America and the Caribbean, the region’s insertion into the digital economy, and the challenges of building sustainable infrastructure.

Latin America could expand annual trade to India by 42 percent, report finds

June 11, 2019
Trade between Latin America and India has been growing rapidly in recent years but has the potential to expand much more, a new study by the Inter-American Development Bank and the Export-Import Bank of India shows.

Multilateral banks reaffirm pledge to support resilient, sustainable infrastructure

October 13, 2018
IDB President Luis Alberto Moreno participates in the opening session BALI, Indonesia - The heads of the leading multilateral development banks (MDBs) meeting at the Global Infrastructure Forum 2018 (GI Forum) today expressed their condolences following the tragic loss of lives and livelihoods in Sulawesi, Indonesia and reaffirmed their commitment to work together to deliver infrastructure that is resilient, inclusive, and sustainable.

IDB boosts support for small and medium-size infrastructure investments in Latin America

December 23, 2010
The Inter-American Development Bank (IDB) will boost its support for small and medium-size infrastructure investments in Latin America and the Caribbean by providing as much as $60 million in new financing for Corporación Interamericana para el Financiamiento de Infraestructura S.A. (CIFI).

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

November 18, 2010
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

November 16, 2010
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).

IIC receives strong financial support from IDB

November 02, 2010
On October 28, 2010, the Inter-American Investment Corporation (IIC) and the Inter-American Development Bank (IDB) signed an amendment to the lending operation whereby the IIC was granted special pricing and the extension to the disbursement period of the $300 million Multisector Credit Program until November 20, 2015, was officially disclosed. The IIC has used $100 million under the facility, which was approved in 1996. Amounts used under the facility mature 15 years after disbursement.

China Eximbank and IDB Expand Trade Activity

October 22, 2010
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

October 21, 2010
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.