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Presentation of the Preliminary Report of the Americas Business Dialogue

Business leaders presented recommendations and proposals for public-private partnerships to promote development in the region.

Miami - In preparation for the II CEO Summit of the Americas to be held on April 8-10 in Panama, the Americas Business Dialogue held a high level meeting chaired by the President of the Inter-American Development Bank (IDB), Luis Alberto Moreno, which had the special participation of the Vice President and Minister of Foreign Affairs of the Republic of Panama, Isabel de Saint Malo de Alvarado, to whom the Preliminary Report of the Dialogue was presented.

The Report compiles a number of recommendations and proposals for public-private partnerships by the private sector to be submitted to the governments of the region in the upcoming Summit on the following key topics i) improve infrastructure and strengthen trade, ii) facilitate financial resources to spur growth and development, and iii) develop our human capital and stimulate innovation, and entrepreneurship to increase productivity.

The meeting was attended by important business leaders from throughout the region, including Stanley Motta, President of Copa; Gustavo Grobocopatel, President of Los Grobo; Rolando Gonzalez-Bunster, President of Internergy; Frank Ranieri, President of Punta Cana; Alberto Alemán Zubieta, former CEO of the Panama Canal; and Miguel Heras, Chief for Inversiones Bahia; among others; and senior representatives of business associations in the region, including: Unión Industrial Argentina (UIA), The Bahamas Chamber of Commerce and Employers’ Confederation (BCCEC), Barbados Private Sector Organization (BPSA), Cámara de Industria, Comercio, Servicios y Turismo de Santa Cruz (CAINCO), Confederação Nacional da Indústria (CNI), Canadian Council for the Americas (CCA), Asociación Nacional de Empresarios de Colombia (ANDI), Grenada Chamber of Industry & Commerce (GCIC), Comité Coordinador de Asociaciones Agrícolas, Comerciales, Industriales y Financieras (CACIF), Consejo Hondureño de la Empresa Privada (COHEP), Federación de Cámaras de Comercio e Industrias de Honduras (FEDECAMARA), Jamaica Chamber of Commerce (JCC), Consejo Coordinador Empresarial (CCE), Cámara de Comercio, Industrias y Agricultura de Panamá (CCIAP), Federación de la Producción, la Industria y el Comercio (FEPRINCO), Saint Vincent and The Grenadines Chamber of Industry and Commerce, U.S. Chamber of Commerce (USCC), Council of the Americas (COA), and Cámara Nacional de Comercio y Servicios del Uruguay (CNCS).

The President of the IDB, Luis Alberto Moreno, highlighted the importance of the private sector for the work led within the framework of the Americas Business Dialogue as well as for their commitment to build public-private partnerships for the development of the region. Also, President Moreno highlighted the value of the technical analysis and the identification of best practices -through the Americas Business Dialogue- in key topics for the development of the region, such as infrastructure, human capital, natural resources, energy among others, that "certainly become very important inputs for the II CEO Summit of the Americas". In addition, President Moreno added that the challenge of the Summit "is to move from dialogue to action with a successful agenda that has the ability to prevail in time and serve to nourish the public-private dialogue" and reiterated the commitment and importance for the Inter-American Development Bank to accompany this effort.

  

Moreover, Vice President and Minister of Foreign Affairs of the Republic of Panama, Isabel de Saint Malo de Alvarado, acknowledged the fundamental work of the private sector, as well as the work and efforts of the Inter-American Development Bank to channel the voice of the private sector in the Summits Process. Besides, the Vice President and Minister of Foreign Affairs pointed out the importance of the main topic of the Heads of State Summit "Prosperity with Equity: The challenge of cooperation in the Americas” and highlighted the opportunity that the Summit represents to reach agreements that can be included in an action plan document, referring to this as a very positive step in seeking public-private partnerships for prosperity with equity. In that sense, Vice President and Minister of Foreign Affairs Saint Malo de Alvarado affirmed that it is extremely important that the private sector works on concrete proposals based on projects that are i) of major impact on citizens and countries of the region; ii) regionals, involving many countries; and that iii) include public-private partnerships. Finally, the Vice President and Minister of Foreign Affairs highlighted the importance of the private sector’s participation in the development topics of the region, noting that "only with the participation of private sector, civil society and governments working in the same direction, we will be able to address the challenges of the region".

      

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