During the Asian Development Bank’s annual meeting last May, the ADB and Inter-American Development Bank pledged to strengthen Asian and Latin American ties by formally partnering to explore research and capacity-building opportunities in the areas of disaster risk reduction, urbanization, and infrastructure development.
“In the area of development and all the impacts from development, there are a lot of lessons that Latin America can take from Asia and Asia can take from Latin America,” IDB President Luis Alberto Moreno told Devex during the ADB Annual Meeting.
That exchange followed ADB President Haruhiko Kuroda’s participation in the IDB annual meeting last March.