CABEI and the International Maritime Organization join forces to promote the development of sustainable maritime transport systems in the region

Tegucigalpa, March 21th, 2023.- In order to facilitate collaboration and promote sustainable maritime transport systems in the region, the Central American Bank for Economic Integration (CABEI) and the International Maritime Organization (IMO) signed a Memorandum of Understanding on Monday.

Through this cooperation agreement, both institutions will work with emphasis on promoting sustainable maritime transport systems, aimed at providing a smooth and reliable service in the most efficient manner, while offering a safe, efficient and reliable system for the transport of goods, minimizing pollution, maximizing energy efficiency and ensuring the conservation of resources. To this end, both institutions will work to increase knowledge and improve the legal, regulatory and normative framework of this means of transportation, aligned with international best practices to contribute to the achievement of sustainable development goals.

CABEI Executive President, Dr. Dante Mossi, emphasized that "maritime networks are an opportunity to encourage and strengthen regional integration, as well as to improve competitiveness. In this regard, we are joining forces to make the most of the opportunities, taking advantage of the exceptional geographic position that connects the region with the rest of the world."

The IMO is the specialized agency of the United Nations dealing with the safety and security of international shipping and the prevention of pollution from ships. It also deals with legal matters, including liability and compensation issues, as well as the facilitation of international maritime traffic.

In addition, it is the global authority responsible for setting standards for safety, security and environmental performance in international shipping.