PPS and IDB Strengthen Cooperation to Advance Public Procurement in Latin America and the Caribbean

PPS and IDB Strengthen Cooperation to Advance Public Procurement in Latin America and the Caribbean - Renewed MoU to Accelerate Procurement Innovation Roadmaps Across LAC - Building on the success of the initial cooperation project, PPS and IDB will deepen cooperation in procurement diagnostics, roadmap development, and capacity building across LACThe Public Procurement Service (Administrator Baek Seung-bo) renewed a Memorandum of Understanding (MOU) with the Inter-American Development Bank (IDB) to further enhance cooperation in the public procurement sector for Regional Developing Member Countries in Latin America and the Caribbean (LAC) at the Seoul Regional Office on May 20, 2026.The MOU, signed by PPS Vice Administrator Kang Sung-min and André Soares, Chief of the Office of the Presidency of the IDB, is designed to share Korea's e-procurement and procurement administration know-how with the LAC region and support its procurement development. The MOU builds upon the successful achi