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Press Advisory

December 5, 2000

 

IACD AND FIRST UNION NATIONAL BANK TO SIGN AGREEMENT

 

The Inter-American Agency for Cooperation and Development (IACD) and First Union National Bank will sign an informal understanding for a $50 million line of credit to fund programs in Latin America and the Caribbean that address issues of education, information technology and poverty alleviation. The signing will take place on Thursday, December 7, during the 24th Annual Miami Conference on the Caribbean and Latin America, and will be followed immediately by a press conference.

The IACD was established in November 1999 by the Organization of American States (OAS) to expand and accelerate technical cooperation and training in the Americas.

WHAT: Press Conference and Signing of a Memorandum of Understanding between the IACD and First Union Bank

WHEN: 8:30 am
Thursday, December 7

WHERE: The Cambridge Room
Hotel Inter-Continental
100 Chopin Plaza, Miami, FL 33131

 

For more information, please contact Paloma Adams at (202) 458-3935.

 

 

 

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