Artificial intelligence to boost Latin American and Caribbean economies: IDB study

Wednesday, August 29, 2018 - 11:43
Study also urges governments to anticipate consequences of artificial intelligence in labor markets BUENOS AIRES – Artificial intelligence can facilitate trade negotiations and add one additional percentage point of growth to Latin American and the Caribbean economies, according to a study by the Inter-American Development Bank (IDB).

IDB to join new Caribbean Climate-Smart Accelerator to facilitate $1bn of investments

Thursday, August 9, 2018 - 10:23
Backed by 26 Caribbean governments and the private sector, the Accelerator will fast-track investments which support climate action and economic growth    The Inter-American Development Bank announced today that it will partner with the Caribbean Climate-Smart Accelerator to program and implement the additional $1 billion in funds that it pledged for climate smart-investments across the Caribbean region at the Paris One Planet summit on December 12, 2017.

IDB Hosts Capitol Hill Event on US-Caribbean Strategic Engagement

Friday, June 17, 2016 - 21:31
US Members of Congress Recognize IDB for its Leadership on Caribbean Development On June 15, 2016, the Inter-American Development Bank (IDB) and Caribbean-Central American Action (CCAA) co-hosted an event on Capitol Hill on “Opportunities and Challenges for the United States and Caribbean Region." A highlight of this IDB-CCAA event was remarks by Representative Eliot Engel (D-NY) and Representative Ileana Ros-Lehtinen (R-FL), the lead co-sponsors of H.R. 4939, the United States-Caribbean Strategic Engagement Act (H.R.

Heads of IDB, CCAA open international forum on Caribbean Investment and Development with public/private sector participants

Thursday, June 9, 2011 - 19:08
Special guest Hon. Bruce Golding, Prime Minister of Jamaica More than 200 representatives from the public and private sector participate in the "International Forum on Caribbean Investment and Development," (IFCID); a comprehensive conference on business and economic development in the Caribbean. 

Canada, Mexico and the United States announce contributions of $13 million to an IDB-managed regional infrastructure integration fund

Monday, March 28, 2011 - 14:19
Resources to support projects to reduce transport and logistics costs in Latin America and the Caribbean CALGARY, Canada – The Canadian, Mexican and U.S. governments will contribute $13 million to a regional infrastructure integration fund to be managed by the Inter-American Development Bank (IDB), supporting cross-border projects designed to reduce transport and logistics costs to expand trade.

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.

Scholars stress great integration potential between India and Latin America

Tuesday, July 27, 2010 - 03:00
The Inter-American Development Bank (IDB) unveiled today a new study calling for India and Latin America to foster closer economic ties in order to tap into  “massive” trade and investment opportunities between these two distant partners.

IDB promotes dialogue on the implementation of free trade accords in Latin America

Friday, April 9, 2010 - 03:00
After undergoing a long and complex trade negotiation process, the majority of governments have come to realize that their tasks are not over when a trade agreement is signed and ratified. Instead, new challenges have emerged and they must be addressed in order to successfully implement a trade agreement.

IDB: It is imperative that trade continues to flow in the region to mitigate crisis

Thursday, May 7, 2009 - 03:00
MONTEGO BAY, Jamaica – IDB President Luis Alberto Moreno and Director-General of the World Trade Organization Pascal Lamy warned against protectionism at the Second Regional Review on Aid for Trade (AfT) for Latin America and the Caribbean. “The integration of our hemisphere has proven to be one of the most powerful engines of economic growth and human and social development,” said Moreno during the opening session of the AfT conference being held today and tomorrow in Montego Bay, Jamaica.

IDB welcomes Banco Agrícola as issuing and confirming Bank under its Trade Finance Facilitation Program (TFFP)

Monday, April 6, 2009 - 03:00
The Inter-American Development Bank (IDB) announced today that Banco Agrícola of El Salvador joined the IDB’s Trade Finance Facilitation Program (TFFP). Under the TFFP, the IDB extends guarantees to cover letters of credit, promissory notes, bid bonds, performance bonds, advance payment bonds and other instruments used in international trade transactions. The TFFP can help Banco Agrícola to further increase its trade finance business and to take advantage of the TFFP’s countercyclical effects during times of volatility in trade finance flows. TFFP