The IDB, a partner of Colombia in development

Tuesday, March 17, 2009 - 03:00
Since the mid-1990s the Inter-American Development Bank (IDB) has been the leading source of multilateral financing for Colombia. Over the last 50 years, the IDB has approved more than US$14.8 billion in loans and non-refundable technical cooperation projects for Colombia. Throughout its history, the IDB has supported the Colombian government and private sector in key development areas such as infrastructure, state modernization and reform, small and medium enterprise, agriculture, energy, climate change and environmental protection.

Mexico – EU Free Trade Area opens doors to foreign trade for Latin America

Friday, July 30, 2004 - 03:00
The Mexico-European Union Free Trade Agreement, the first such accord between Europe and a country in the Americas, is celebrating its fourth anniversary and 27% growth in bilateral trade volume. (1) However, long-term benefits are not easily measured. The reported effective growth rates - 19% for Mexican exports to the European Union, and 30% for EU exports to Mexico – is considered relatively low compared with Mexico’s 18% increase in exports worldwide.