Financial Institutions
- Inter-American Development Bank (IADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 0.95 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.
The general objective of Technical Cooperation is to support, at the regional, subregional, bilateral and national levels, the trade facilitation agenda of the countries of Latin America and the Caribbean, which places emphasis on overcoming some of the obstacles mentioned above, on promoting convergence and regulatory homologation and on supporting initiatives that seek to simplify customs procedures, ease the bureaucratic burden, speed up clearance times and reduce costs. Thus, the TC seeks to deepen and leverage efforts undertaken under RG-T2527, RG-T2073, NI- L1083, CR- L1066, PN - L1107 and GU-L1086 among others. In addition, this technical cooperation will support the execution of loan operations PE-L1159 "Program for the improvement of Foreign Trade Facilitation Services through the Foreign Trade Single Window (VUCE)" and AR-L1251 "Program for the implementation of the National Regime Of the Single Window of Argentine Foreign Trade (VUCEA). In particular, RG-T2941 supports the implementation of the interoperability components contained in both operations by supporting the participating countries in the process of homologation of the procedures and certificates to be exchanges by the countries and in the development and training of officials in the definition of normative and technological standards that allow the interoperability of the VUCEs. The execution of this TC, over a medium and long-term horizon, is aligned with the sectoral priorities of the Bank's Ninth General Capital Increase (GCI-9) (see (iv) competitive global and regional integration) by seeking to improve the integration and intra-regional and global trade of Latin American and Caribbean countries and the conditions of operation of transport and logistics services among the countries of the region. The Fund for Integration Infrastructures (FIRII) finances technical cooperation projects that include studies related to the integration of regional infrastructure and the preparation of projects for the integration of Infrastructure. In this sense, FIRII seeks to address institutional, operational and regulatory bottlenecks that hamper the execution of regional infrastructure projects and generate consensus for the execution of such regional integration projects. This Technical Cooperation, dealing with the development of trade management capabilities, seeks to strengthen institutional capacities linked to physical border integration and, at the same time, the approval by the relevant authorities of the management model. In this way, this TC is aligned with the FIRII objectives.
Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.
ACCOUNTABILITY MECHANISM OF IADB
The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to
MICI@iadb.org. You can learn more about the MICI and how to file a complaint at
http://www.iadb.org/en/mici/mici,1752.html (in English) or
http://www.iadb.org/es/mici/mici,1752.html (Spanish).
