The United States and Barbados have had cordial bilateral relations since Barbados' independence in 1966. The United States has supported the government's efforts to expand the country's economic base and to provide a higher standard of living for its citizens. Barbados is a beneficiary of the U.S. Caribbean Basin Initiative. U.S. assistance is channeled primarily through multilateral agencies such as the Inter-American Development Bank and the World Bank, as well as the U.S. Agency for International Development (USAID) office in Bridgetown.