
UK Further Strengthens Commitment to Inter-American Investment Corporation with New Legislation
London, UK – July 11, 2025 – The United Kingdom has today further underscored its dedication to fostering economic development and cooperation in Latin America and the Caribbean with the publication of ‘The Inter-American Investment Corporation (Further Payments to Capital Stock) Order 2025’. This new legislation, laid before Parliament and effective from July 11, 2025, signifies a continued commitment to the vital work of the Inter-American Investment Corporation (IIC).
The Inter-American Investment Corporation, a member of the Inter-American Development Bank (IDB) Group, plays a crucial role in promoting the economic development of its developing member countries in Latin America and the Caribbean. It achieves this by financing private sector projects, providing technical assistance, and investing in small and medium-sized enterprises (SMEs) – the engines of job creation and innovation in the region.
This Order, specifically ‘The Inter-American Investment Corporation (Further Payments to Capital Stock) Order 2025’, details further financial contributions from the UK to the IIC’s capital stock. These contributions are not merely financial transfers but represent a strategic investment in the sustainable growth and prosperity of the Americas. By bolstering the IIC’s resources, the UK is enabling the Corporation to expand its reach, undertake more impactful projects, and ultimately support a more vibrant and resilient private sector across Latin America and the Caribbean.
The IIC’s mandate aligns closely with the UK’s broader foreign policy and development objectives, which prioritize inclusive economic growth, job creation, and the promotion of sustainable business practices. The Corporation’s focus on the private sector is particularly significant, as it empowers local businesses, fosters entrepreneurship, and attracts private capital, thereby creating a more dynamic and self-sustaining economic environment.
This latest legislative step demonstrates the UK’s continued trust in the IIC’s effectiveness and its commitment to multilateral approaches to development. The funds provided will undoubtedly be instrumental in supporting critical investments in areas such as renewable energy, infrastructure, agribusiness, and financial services, all of which are essential for long-term development and poverty reduction.
The publication of this Order highlights the UK’s enduring partnership with the Inter-American Development Bank and its related institutions. It reflects a shared vision for a prosperous and stable Latin America and the Caribbean, built on the foundation of a strong and dynamic private sector. The UK looks forward to witnessing the positive impact of these further contributions on the lives and livelihoods of people across the region.
The Inter-American Investment Corporation (Further Payments to Capital Stock) Order 2025
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