International development banks

Many regional organisations in Latin America are currently in crisis. Trade agreements, however, have made progress in the region. Today, 80 per cent of intra-regional trade is already under preferences. In March 2017 several international financial organisations – the World Bank, the International Monetary Fund (IMF), and the Inter-American Development Bank (IDB) – each independently proposed the creation of a Latin American and Caribbean free trade area

This annual report presents the results of EIB activities, delivering on EU policies outside Europe. The 2016 report on “The EIB outside the EU” presents the EIB's activity in the past year, delivering EU policies beyond Europe's borders: in Pre-accession countries, African Caribbean and Pacific countries, Eastern neighbours, Mediterranean partner countries, Asia and Latin America. It describes how the Bank is working to deliver results on issues such as the SDGs, climate and migration, and the financial and technical contribution we are able to provide. This year's report is the fifth since the introduction of the Results Measurement (ReM) framework which is used for keeping track and reporting of EIB projects results outside the EU.