Multilateral Investment Guarantee Agency

From Freepedia

The Multilateral Investment Guarantee Agency (MIGA) is an institution of the World Bank group. It was established to promote foreign direct investment into developing countries. The organization serves as a global insurer to private investors and as an adviser to countries on foreign investment. MIGA was founded in 1988 with a capital base of $1 billion and is headquartered in Washington, D.C.

The actions taken by MIGA consist mainly of indirect investments, technology transfer, licence selling and stock loans.

MIGA also takes part in the legal settlement of disputes in connection with the investments.