Shaping the Future: Asia-Pacific and Latin America-Caribbean Cooperation: ADB and IDB Partnership for South-South Cooperation
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Cooperation between Asia and Latin America and the Caribbean (LAC) is rapidly increasing in the spirit of South-South cooperation. The Asian Development Bank (ADB) and the Inter-American Development Bank (IDB) enter into a new chapter of cooperation in areas such as sustainable integration corridors (trade facilitation, transportation, energy, and telecommunications, including broadband investment and regulation); sustainable cities and climate change; institutional development; social policy and gender; trade and investment regimes; trade finance and private sector development; and cross-regional research and development effectiveness as well as management for development results. This brochure details the challenges and opportunities in the Asia-LAC relationship and discusses the role of the ADB and the IDB.