The Central American Bank for Economic Integration (CABEI) signed a collaboration agreement with the Korean Ministry of Science and Information and Communications Technology to promote projects and programs that support the use and harnessing of technology in this sector for the region's development and integration.
CABEI's Executive President, Dr. Dante Mossi, stated, "Today more than ever, we are committed to maximizing collaboration with our member countries by developing joint projects in the areas of science, innovation and renewable energy as an alternative for the better performance of the communities' economic and social strategies."
For CABEI, it is of utmost importance to promote progress in the use of technology, since it has positive implications for the productive system of communications and human development.
CABEI and Korea also formalized a non-exclusive collaboration framework to share information and advice on planning and implementation of policies, programs and projects that promote areas of common interest; as well as the possibility of developing joint feasibility studies, establishing master plans and exploring Korean investment opportunities in Central America.
Korea's mission is to actively support national and international corporations in their efforts to develop public-private partnership projects, and its scope of action envisages contributing to the improvement of quality of life and sustainable growth in partner countries.
