In 2016, amendments were made to CABEI's Constitutive Agreement in order to strengthen relations and regional integration between Central America and the Caribbean. The Board of Governors accepted the incorporation of the Republic of Cuba in April 2017, and on July 11, 2018, completed the process for its incorporation in compliance with the regulatory provisions, which officially makes Cuba a non-regional member of the Bank.
The Central American Bank for Economic Integration is the first multilateral organization in the region that receives Cuba as one of its members. The incorporation will allow new integration opportunities with the Caribbean area and the countries of the Central American region. In addition, this will strengthen trade opportunities between Cuba and the member countries of the Bank.
Republic of Korea’s In-kind Contribution to Support Central America’s Response to COVID-19
Ministries of Health of 8 Member Countries and PROMESECAL for Dominican Republic.
Background:
The world is experiencing unprecedented challenges in the wake of the COVID-19 pandemic. Healthcare workers are among the most vulnerable groups given their frequent contact with infected individuals. Despite governments´ efforts, COVID-19 continues to spread rapidly in many areas of the region.
Main Objetive:
Provide in-kind assistance to member countries of CABEI to offer substantive support to their COVID-19 response efforts and aim to contribute to contain its transmission.
Expected Outcome:
The capacity of health officials in recipient member countries to contain the spread of COVID-19 will be strengthened considering the health products delivered, consisting of masks and medical coveralls and shoe covers.