Israel joins MIGA. (Multilateral Investment Guarantee Agency)

From: Israel Business Today | Date: April 3, 1992 | Copyright information

The Bank of Israel has announced that Israel has been accepted as a member of MIGA, the Multilateral Investment Guarantee Agency, a subsidiary of the World Bank. MIGA was established to encourage investments in developing countries by providing guarantees against non-commercial risks to investors. Among the risks covered are those arising from regulatory changes in the country of investment, for instance regulations preventing transfers of foreign currency; losses resulting from le...

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