Central American Bank for Economic Integration

Formation| 1960; 66 years ago (1960)
Type| Multilateral Development Bank
Legal status| Treaty
Headquarters| Tegucigalpa, Honduras

Membership

| 15 countries

Key people

* Gisela Sánchez
(Executive President)[1]

Website| www.bcie.org/en/

The Central American Bank for Economic Integration \- CABEI (BCIE in Spanish) was founded in 1960. It is an international multilateral development financial institution.[2] Its resources are invested in projects that foster development to reduce poverty and inequality; strengthen regional integration and the competitive insertion of its member countries in the global economy; providing special attention to environmental sustainability. Its headquarters are in Tegucigalpa (Honduras) and has regional offices in Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica and Panama.

## Contents

* 1 Mission
* 2 Vision
* 3 Members
* 4 Functions
* 5 Structure
* 6 See also
* 7 References
* 8 External links

## Mission

CABEI is a multilateral development bank whose mission is to promote the economic integration and the balanced economic and social development of the Central American region, which includes the founding countries and the non-founding regional countries, attending and aligning itself with the interests of all of its member countries.[3]

## Vision

CABEI's vision[3] consists of being the strategic ally of its member countries in the provision of financial solutions that contribute to the creation of employment and improvement of the well-being and quality of life of its citizens.

## Members

CABEI members

* Founding countries: Guatemala, Honduras, El Salvador, Nicaragua and Costa Rica. These countries signed the founding covenant which establishes the CABEI, in the decision frame adopted by their governments to promote regional economic integration.
* Non-founding regional countries: Panama and Dominican Republic, which take part in the Central American Integration System (SICA in its Spanish initials) and are represented before CABEI's Board of Directors and Governors' Assembly.
* Non-regional countries: Mexico, Cuba, Taiwan, Argentina, Colombia, Spain, and South Korea. They have deemed important to join CABEI with the aim of having a permanent regional presence, thus enlarging their international projection through supporting founding countries' development. They also have named representatives before CABEI's Board of Directors and Governors' Assembly.
* Beneficiary countries: Belize.[4] It has joined the CABEI to receive loans and guarantees, same as regional countries, but, unlike them, Belize has not bought shares of the institution.

Apart from regional countries, Argentina and Colombia enjoy the capacity of receiving CABEI's loans and guarantees.

## Functions

CABEI is the development bank for Central America, its strategic partner and the main purveyor of resources: by late 2009, it had approved $14,603.3 million since its inception for the development of the region.[5]

As a regional financing institution, CABEI supports both public and private sectors and specializes in raising and channeling external money to promote investment in its action areas, which are:

* Energy and production infrastructure
* Agriculture and rural development
* Human development and social infrastructure
* Industry, urban development and services for competitiveness
* Financial trading and development finance

## Structure

CABEI's maximum authority is the Governors' Assembly, integrated by Ministers of Economy and central bank Governors of member countries.

Besides, CABEI's Founding Covenant includes other authorities: Directory, as the organ responsible for the bank's direction; President, elected by the Governors' Assembly; Vice president, elected by the Directory; and other officials deemed necessary for the institution's functioning.

## See also

* CAF – Development Bank of Latin America and the Caribbean
* Central American Integration System
* Inter-American Development Bank

## References

1. ↑ "Senior Management. Banco Centroamericano de Integración Económica - BCIE". https://www.bcie.org/en/about-us/organizational-structure/senior-management/.
2. ↑ "Central American Bank for Economic Integration (CABEI)". Brussels, Belgium: Union of International Associations. 2024. https://uia.org/s/or/en/1100002011
3. ↑ 3.0 3.1 CABEI. "Institutional Information". https://www.bcie.org/en/about-us/general-information/. Retrieved 31 March 2017.
4. ↑ CABEI. "Belize". CABEI. https://www.bcie.org/en/member-countries/regional-non-founding-members/belize/. Retrieved 31 March 2017.
5. ↑ Rodas-Martini, Pablo (December 2010). Contribución del BCIE al Desarrollo de Centroamérica: 50 Años de Historia. Tegucigalpa, Honduras: CABEI. p. 20. ISBN 978-99926-665-6-2. http://www19.iadb.org/intal/intalcdi/PE/2011/09275.pdf. Retrieved 31 March 2017.

## External links

* Central American Bank for Economic Integration official site

* v
* t
* e

International organizations

Intergovernmental
organizations|

| Non-cultural IGOs|

* Bank for International Settlements
* International Criminal Court
* International Monetary Fund
* International Seabed Authority
* World Customs Organization
* Inter-Parliamentary Union
* Interpol
* New Development Bank
* Organisation for the Prohibition of Chemical Weapons
* United Nations
* World Bank Group
* World Trade Organization

|

Cultural IGOs|

* Commonwealth of Nations
* Community of Portuguese Language Countries
* Organisation internationale de la Francophonie

* v
* t
* e

Pan-Americanism

History|

* Spanish American wars of independence
* Decolonization of the Americas
* Latin American integration
* North American integration
* Patria Grande
* Simón Bolívar
* José de San Martín
* Lucas Alamán
* Inter-American Commission of Women
* United States involvement in regime change in Latin America

Organizations|

* Amazon Cooperation Treaty Organization (ACTO)
* Andean Community of Nations (CAN)
* Association of Caribbean States (ACS)
* Bolivarian Alliance for the Americas (ALBA)
* Caribbean Community (CARICOM)
* Central American Integration System (SICA)
* Community of Latin American and Caribbean States (CELAC)
* Contadora group
* Contadora support group
* Forum for the Progress and Development of South America (PROSUR)
* Latin American Economic System (SELA)
* Latin American Integration Association (ALADI)
* Lima Group (LG)
* Mercosur
* Organization of American States (OAS)
* Organisation of Eastern Caribbean States (OECS)
* Organization of Ibero-American States (OEI)
* Pacific Alliance
* Petrocaribe
* Rio Group
* Union of South American Nations (UNASUR)
* United Nations Economic Commission for Latin America and the Caribbean (ECLAC, CEPAL)

Projects|

* Andean passport
* CARICOM passport
* CARICOM Single Market and Economy
* CARIPASS
* Central America-4 Border Control Agreement
* Central America-4 passport
* Eastern Caribbean Currency Union
* Initiative for the Integration of the Regional Infrastructure of South America (IIRSA)
* Interoceanic Highway
* SUCRE

Institutions|

* Andean Parliament
* Bank of the South
* Caribbean Court of Justice
* Caribbean Development Bank
* Central American Parliament
* Development Bank of Latin America
* Inter-American Development Bank
* Latin American Parliament
* Mercosur Parliament
* South American Parliament

Free trade areas|

* Caribbean Free Trade Association (CARIFTA)
* CARIFORUM
* Dominican Republic–Central America Free Trade Agreement (CAFTA-DR)
* Economic Partnership Agreements
* Free Trade Area of the Americas
* G3 Free Trade Agreement
* North American Free Trade Agreement (NAFTA)

* v
* t
* e

International trade

Terminology|

* Absolute advantage
* Balance of payments
* Balance of trade
* Capital account
* Comparative advantage
* Current account
* Export-oriented industrialization
* Fair trade
* Foreign exchange reserves
* Globalization
* Import substitution industrialization
* Net capital outflow
* Outsourcing
* Tariff
* Trade justice
* Trade war
* Trading nation

Organizations
and policies

* International Monetary Fund
* UN Conference on Trade and Development
* World Bank Group
* World Trade Organization
* International Trade Centre
* International Chamber of Commerce
* Bilateral investment treaty
* Economic integration
* Incoterms
* ATA Carnet
* Free-trade zone
* Special economic zone
* Trade agreement
* Trade barrier
* Trade bloc

Political economy|

* Free trade (Adam Smith, The Wealth of Nations, Repeal of the Corn Laws)
* Mercantilism
* Protectionism (Economic nationalism, Autarky)

Regional organizations|

| Americas|

* Andean Community of Nations
* Caribbean Community
* Central American Integration System
* Mercosur

|

Asia-Pacific|

* Association of Southeast Asian Nations
* Regional Comprehensive Economic Partnership
* South Asian Association for Regional Cooperation

Europe, Central Asia, and North Asia|

* Customs Union of Belarus, Kazakhstan, and Russia
* Eurasian Economic Union
* European Union Customs Union

Middle East and North Africa|

* Arab Customs Union
* Cooperation Council for the Arab States of the Gulf

Subsaharan Africa|

* East African Community
* Economic and Monetary Community of Central Africa
* Southern African Customs Union
* West African Economic and Monetary Union

Exports by product|

* Aircraft & Spacecraft
* Aircraft parts
* Aluminium
* Cars
* Car parts
* Coal
* Coffee
* Computers
* Copper
* Corn
* Cotton
* Diamonds
* Electricity
* Engines
* Gas turbines
* Gold
* Integrated circuits
* Iron ore
* Natural gas
* Oil
* Petrol
* Pharmaceuticals
* Ships
* Steel
* Telecommunications equipment
* Telephones
* Trucks
* Wheat
* Wine

* Category
* Commons

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