Asia – Latin America: Forging a Long-Term Partnership

05 May 2012 (11:00 am-12:00 pm, San Miguel Hall)

Objectives

As part of ADB's annual seminar series, this event will feature a dialogue with the President of the Asian Development Bank (ADB) Haruhiko Kuroda and the President of the Inter-American Development Bank (IADB) Luis Alberto Moreno on regional perspectives on economic growth and the burgeoning economic and cooperation ties between Asia and Pacific region and Latin America and Caribbean region (LAC).

Background

The last decade has witnessed an extraordinary trend of budding economic links between the two fast growing regions of Asia and Pacific and LAC, along with their rising influence in global trade and investment. Indeed, the emergence of new transnational corporations in Asia and LAC is giving rise to a new generation of competitors that will shape the world economy in the years to come.

To better understand these emerging trends, the ADB and the IADB have prepared a joint study on key developments in inter-regional trade, investment, regulatory frameworks, as well as technical and political cooperation between the two regions. The study is one of several joint initiatives that IADB and ADB hope will strengthen institutional collaboration in support of the increasing patterns of south-south cooperation.

Copies of the joint report will be distributed at the seminar.