Caribbean leaders to participate in conference to strengthen regional economies
WASHINGTON, CMC – The Inter-American Development Bank (IDB) says it will host a one-day meeting next month to spotlight strategic trade and investment opportunities provided by greater regional economic integration.
The IDB, which is partnering with the United States government to host the November 2 event, said that it will be attended by government leaders from Latin America and the Caribbean and will take place ahead of the inaugural Americas Partnership for Economic Prosperity Leaders’ Summit.
The IDB said that the day-long forum is intended to strengthen the economies of our region and build a more competitive and inclusive hemisphere by increasing supply-chain resilience, fostering innovation in both the public and private sectors, and tackling the climate crisis.
“Featuring heads of state, other government leaders, investors, and corporate representatives from across the Americas, discussions at the “Americas Partnership—IDB Responsible Investment Forum” will highlight strategic trade and investment opportunities provided by greater regional integration,” it said.
The Washington-based financial institution said that the event will focus on four key sectors, namely infrastructure, semiconductors, clean energy, and medical supplies as well as investor opportunities provided by the upcoming IDB Invest capital increase.
The forum, open to government and private sector representatives from the hemisphere, is aligned with the IDB’s recently-launched “Bid for the Americas” programme that fosters opportunities to invest in the region and participate more in procurement opportunities financed by IDB projects.
Among those expected to address the event are IDB President Ilan Goldfajn and Janet Yellen, the Secretary of the United States Treasury.