January 16, 2020

USMCA passage and North American Development Bank Statement

“More than 17 million US-Mexico border residents have been positively impacted by the Bank’s financing of environmental infrastructure. I am pleased that our work in partnership with our many border stakeholders is being validated through the inclusion of the capital increase in USMCA,” said Dr. Calixto Mateos-Hanel, Managing Director of the North American Development Bank.

“I would like to personally thank U.S. Congressional leaders like Senators John Cornyn and Dianne Feinstein and Texas Representatives Henry Cuellar, Will Hurd, Filemon Vela and Vicente Gonzalez as well as the San Diego Congressional delegation including Representatives Juan Vargas, Scott Peters, Mike Levin and Susan Davis for their continued support of the Bank’s mission to improve the quality of life for border residents.”


 NADB is a financial institution established and capitalized in equal parts by the United States and Mexico for the purpose of financing environmental infrastructure projects along their common border. As a pioneer institution in its field, the Bank is working to develop environmentally and financially sustainable projects with broad community support in a framework of close cooperation and coordination between Mexico and the United States.