Improving South-South Cooperation between LatAm and the Caribbean and Developing Asia (IADB-RG-T3088)

Regions
  • Latin America and Caribbean
Where the impacts of the investment may be experienced.
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.
Project Status
Approved
Bank Risk Rating
C
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Sectors
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 0.30 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ IADB website

Updated in EWS Jul 1, 2018


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Project Description

The objective of this project is to increase economic cooperation and integration between Latin America and the Caribbean (LAC) and Asia with special focus on East and Southeast Asia by:

1) Foster LAC economic cooperation with major Asian economies.

2) Promote activities relating to SSC and regional public goods between the borrowing member countries of the Inter-American Development Bank (IDB) and the Asian Development Bank (ADB).

3) Monitor and support regional integration initiatives between LAC countries and Developing Asia.

Investment Description
  • Inter-American Development Bank (IADB)
Contact Information

Project contact information not available at the time of disclosure.

 

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).