United States Development Finance Corporation collaboration with Inter-American Development Bank

(a) In general The Secretary of the Treasury shall instruct the United States Executive Director at the Inter-American Development Bank to use the voice, vote, and influence of the United States to encourage collaboration between the IDB and the United States International Development Finance Corporation (in this section referred to as the Corporation) on projects, financing, loans, or grants in IDB borrowing member countries. (b) Report required Not later than 180 days after the date of the enactment of this Act, the Chief Executive Officer of the Corporation shall submit to the appropriate congressional committees a report that includes the following: (1) An overview of collaboration between the Corporation and the IDB since the signing in 2019 of a memorandum of understanding between the IDB and the Corporation's predecessor agency with respect to investments in projects in Latin America and the Caribbean. (2) An analysis of potential areas to expand collaboration between the Corporation and the IDB in IDB borrowing member countries.