IDB President Claver-Carone to Host Regional Trade and Foreign Ministers Forum on Margins of 9th Summit of the Americas

May 24, 2022
IDB President Claver-Carone to host a hemispheric Trade and Investment Forum with trade and foreign affairs ministers from the Americas and private-sector executives on June 7, 2022, in Los Angeles, California. The IDB event and regional agenda will be the first of its kind in nearly 20 years and will focus on three central trade agenda items: strengthening value chains and attracting investment, sustainable trade and climate change, and digital economy.

IDB launches 2022 call for regional projects in Latin America and the Caribbean

March 22, 2022
Users must register before April 29, 2022. The deadline for accepting proposals is May 16.  The Inter-American Development Bank (IDB) launched the 2022 Call for Proposals for the Regional Public Goods (RPG) Initiative in Latin America and the Caribbean, which supports regional projects involving three or more countries.

More than two-thirds of Latin Americans support integration, despite the pandemic

February 18, 2022
Seven out of ten Latin Americans favor their country integrating further with other Latin American and Caribbean countries, confirming widespread support for greater trade integration, according to a study by the Inter-American Development Bank.

Investment promotion can help attract multinationals and favor sustainable growth

December 10, 2021
Investment promotion strategies can help countries in Latin America and the Caribbean take advantage of new opportunities to attract multinational firms, boosting the region’s economic recovery, long-term growth, and sustainable development, according to a new report by the Inter-American Development Bank. According to the study, each $1 spent on investment promotion has generated up to a total of $56 in additional foreign direct investment (FDI), and each $10,000 assigned to investment promotion was associated with the creation of 5.5 jobs.

IDB Visits Spain to Encourage Investment in Latin America and the Caribbean

November 18, 2021
Spain will host the IDB's non-regional members meeting in February 2022. MADRID - IDB President Mauricio Claver-Carone and members of his executive team concluded a successful visit to Madrid to encourage greater investment in Latin America and the Caribbean to boost the region’s post-pandemic recovery. The mission’s main objective was to strengthen international trade and attract financing and businesses that will accelerate the region's digital transformation and contribute to its sustainable and inclusive growth.

Exports from Latin America and the Caribbean rebound despite pandemic

November 16, 2021
Intraregional sales achieve a solid increase Tourism and travel suffer a steep decline; knowledge-based services show resilience Exports from Latin America and the Caribbean increased 31.2 percent in the first half of 2021, driven by the dynamism of external demand, the lifting of restrictions on mobility, and progress of vaccination campaigns against COVID-19, according to a new report from the Inter-American Development Bank.

IDB survey: Expectations improve for Latin American and Caribbean exporters

September 23, 2021
One out of every two exporting firms in Latin America and the Caribbean believe that international demand will grow in the next three months, compared to 16 percent in 2020, according to a survey by the Inter-American Development Bank (IDB). Companies predict foreign demand to increase by 57 percent over the coming year, up from 36 percent in 2020 -- another sign of optimism in the exporting sector a year and a half after the COVID-19 outbreak.

Dominican Republic to boost northwestern area’s competitiveness by expanding Manzanillo

June 21, 2021
Rehabilitation of the Manzanillo Port area and road accesses will help reduce transportation costs and freight times. The Inter-American Development Bank (IDB) has approved a US$100 million loan to help the Dominican Republic improve competitiveness and socioeconomic growth of its northwestern region by modernizing port logistics and infrastructure. The operation consists of the construction of a modern logistics terminal with a platform parallel to the bay coastline.   

IDB Hosts First Miami-Latin America and Caribbean Digital Entrepreneurship Forum

June 21, 2021
Members of the media are invited to a Roundtable conversation with IDB President Mauricio Claver-Carone on June 22 at 11:30am ET The Inter-American Development Bank will host Miami-LAC 2021, the first business forum to strengthen connections between Miami, the private sector, and the countries of Latin America and the Caribbean (LAC), on June 22-24, 2021. The forum will promote digital trade and investment opportunities between South Florida and the IDB’s 26 borrowing member countries.

Latin America trade recovers from pandemic impacts

June 03, 2021
The value of exports from Latin America grew 8.9 percent in the first quarter of 2021 compared to the same period in the previous year, consolidating a change in trend after the contraction caused by the COVID-19 pandemic, a new report from the Inter-American Development Bank has found. The drop in the value of exports in 2020 was 9.0 percent.