Brazil joins the Caribbean Development Bank
The Federative Republic of Brazil is the newest member country of the Caribbean Development Bank (CDB), signalling that country’s commitment to sustainable development of the Region. This became effective on December 31, 2015, following a process that began with Brazil’s application to membership in 2007 and its acceptance by the CDB Board of Governors in 2008.
Brazil is CDB’s 28th member, and the fourth non-borrowing regional member, joining Colombia, Mexico and Venezuela in that category.