As the multilateral development bank of the Central American region, the Central American Bank for Economic Integration (CABEI) promotes actions that strengthen interinstitutional alliances in favor of integration and development. In this way, it fosters cooperation with regional and international bodies in favor of the wellbeing of the region's inhabitants. This coordination seeks to harmonize and generate synergies to contribute to sustainable economic and social development. The collaborative approach with international organizations and regional institutions focuses mainly on:
- Coordinating efforts for the implementation of regional programs and projects
- Seeking sources of financing for regional programs
- Complying with the Sustainable Development Goals
- Strengthening relationships with strategic partners for regional programs
- Procedures for the incorporation of new member countries
Noteworthy Institutional Relations actions include:
Central American Integration System
CABEI is the Central American Integration System's (SICA) financial arm. In this sense and in accordance with its mission, CABEI has been working closely with regional institutions to identify and promote regional programs, projects and initiatives that respond to sectoral policies and strategies within the framework of the 5 pillars of the SICA regional agenda.
Central American Economic Integration Secretariat
As part of the economic subsystem, CABEI coordinates closely with the Secretariat of the Central American Economic Integration (SIECA) to carry out initiatives that support the Customs Union between Guatemala, Honduras and El Salvador; the Free Trade Agreement of Central America with Korea; the association agreement between CA and the European Union; and the Regional Policy for Mobility and Logistics.
Mesoamerica Integration and Development Project
CABEI is a member of the Interinstitutional Technical Group of the Mesoamerica Integration and Development Project (MP). It participates actively in sectoral meetings of transportation, telecommunications and MSMEs, among others. Outstanding achievements of this relationship include the main financier of the Pacific Corridor, financier of SIEPAC I and II, memorandum of understanding with the Central American Telecommunications Network (REDCA) and execution of the Social Housing Program with resources from Mexican cooperation.
At the seventy-first session of the 2016 Assembly of Governors of the United Nations, CABEI was approved as an intergovernmental body observer of the same, giving it access to participate in meetings of the UN and other bodies, such as ECOSOC and the Financing Forum, among others with the objective of building a common agenda for Central America that contributes to the fulfillment of the SDGs in these countries.
United Nations Framework Convention on Climate Change
CABEI's accreditation was approved as an observer to the United Nations Framework Convention on Climate Change during the COP22 of 2016. This accreditation enables CABEI to participate as an observer in COP and other in high-level segment conventions.
Organization of American States
CABEI is part of the Summit Implementation Review Group and the Joint Summit Working Group (JSWG) of the Organization of American States (OAS). In September 2018, memorandums of understanding were signed between the OAS General Secretariat and the instances of the GTCC for coordinated work in compliance with the Lima Commitment.