Argentina hands over the Presidency of the CABEI Board of Governors to Honduras

Tegucigalpa, September 2020.- Within the framework of the LX Assembly of the Central American Bank for Economic Integration (CABEI), the Secretary of Strategic Affairs and Governor of the Republic of Argentina, Dr. Gustavo Osvaldo Beliz, transferred the Presidency of the Board of Governors of the multilateral to his Honduran colleague, the Secretary of Finance, Mr. Marcos Midence, for 2021.

During his speech, the Secretary of Strategic Affairs of Argentina emphasized the important role that CABEI plays for the economic and social development of the countries in the Central American region and other member countries. In addition, he highlighted the role that the Bank is playing during the health and economic crisis resulting from the COVID-19 pandemic. The challenge has been to articulate a decisive and coordinated response that has resulted in accompanying member countries in their social and economic problems, in turn increasing resilience and preparing our developing countries to overcome obstacles.

Regarding the transfer, CABEI's Executive President, Dr. Dante Mossi, commented: "we are grateful for the management and support of the Republic of Argentina, since the last Assembly held in Jujuy, Argentina in 2019 to date. Its commitment to the region is evidenced by the updating of the Bank's capital, which is another expression of support for CABEI's financial soundness.”

The transfer took place following the decision by the Governors that the 61st meeting of the CABEI Board of Governors for next year will be held at the Bank's headquarters in Tegucigalpa, Honduras, which will further enhance the celebration of the 200th anniversary of Central America's independence. Likewise, the United States of Mexico was approved as the headquarters of the LXII AG in 2022.