Laia

Mexico Becomes Full Member of CAF, Builds Stronger Ties in Latin America

Retrieved on: 
Monday, November 9, 2020
Americas, Continents, Trade blocs, South America, United Nations General Assembly observers, Latin America, Economy of South America, Regionalism, Latin American Integration Association, Latin American integration, Andean Community, Laia

This will give Mexico greater access to long-term financial resources, technical cooperation for sustainable development and a permanent seat in the Board of Director of CAF, among other benefits.

Key Points: 
  • This will give Mexico greater access to long-term financial resources, technical cooperation for sustainable development and a permanent seat in the Board of Director of CAF, among other benefits.
  • CAF is an extraordinarily noble institution with the purpose of assisting in the development of countries, he said.
  • Mexico was the first non-Andean country to join CAF as a Series C shareholder in 1990, when the presidents of the Andean Community invited the member countries of the Latin American Integration Association (LAIA/ALADI) to join the bank.
  • Its historical evolution makes CAF one of the few success stories of integration in Latin America.

Mexico Becomes Full Member of CAF, Builds Stronger Ties in Latin America

Retrieved on: 
Monday, November 9, 2020
Americas, Continents, Trade blocs, South America, United Nations General Assembly observers, Latin America, Economy of South America, Regionalism, Latin American Integration Association, Latin American integration, Andean Community, Laia

This will give Mexico greater access to long-term financial resources, technical cooperation for sustainable development and a permanent seat in the Board of Director of CAF, among other benefits.

Key Points: 
  • This will give Mexico greater access to long-term financial resources, technical cooperation for sustainable development and a permanent seat in the Board of Director of CAF, among other benefits.
  • CAF is an extraordinarily noble institution with the purpose of assisting in the development of countries, he said.
  • Mexico was the first non-Andean country to join CAF as a Series C shareholder in 1990, when the presidents of the Andean Community invited the member countries of the Latin American Integration Association (LAIA/ALADI) to join the bank.
  • Its historical evolution makes CAF one of the few success stories of integration in Latin America.