North American Development Bank
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The North American Development Bank (NADBank) is a binational financial institution capitalized and governed equally by the Federal Governments of the United States of America and Mexico to provide financing to support the development and implementation of infrastructure projects.
History
[edit]The NADBank was established by the Border Environment Cooperation Agreement of November 1993 (Agreement Between the Government of the United States of America and the Government of the United Mexican States Concerning the Establishment of a Border Environment Cooperation Commission and a North American Development Bank.)[1]
In the United States, participation by the government was authorized by North American Free Trade Agreement Implementation Act § 541 (22 U.S.C. § 290m).
References
[edit]External links
[edit]- Banking in Mexico
- Mexico–United States relations
- Environment of the United States
- Environment of Mexico
- Economy of North America
- Banks based in Texas
- North American Free Trade Agreement
- Intergovernmental environmental organizations
- Multilateral development banks
- Government agencies established in 1993
- 1993 establishments in Mexico
- 1993 establishments in the United States