abhishreshthaa
Abhijeet S
Multilateral Investment Guarantee
Multilateral Investment Guarantee is a non-commercial guarantee (insurance) for investments made in developing countries.
Such a guarantee protects investors against the risks of transfer restriction (including convertibility), expropriation, war and civil disturbance and breach of contract. MIG has a joint sponsorship by developed and developing countries and multilateral character.
MIG supplements national and private agencies supporting foreign direct investment through their own investment insurance programmes. The MIG encourages foreign investments by providing viable alternatives in investment insurance against non-commercial risks in developing countries thereby creating investment opportunities in those countries.
E.g. Investors who would like to invest in a developing country like Africa would surely like to get a cover for their investments and can attain this insurance through a Multilateral Guarantee and thus can invest jointly in such an investment project
Multilateral Investment Guarantee is a non-commercial guarantee (insurance) for investments made in developing countries.
Such a guarantee protects investors against the risks of transfer restriction (including convertibility), expropriation, war and civil disturbance and breach of contract. MIG has a joint sponsorship by developed and developing countries and multilateral character.
MIG supplements national and private agencies supporting foreign direct investment through their own investment insurance programmes. The MIG encourages foreign investments by providing viable alternatives in investment insurance against non-commercial risks in developing countries thereby creating investment opportunities in those countries.
E.g. Investors who would like to invest in a developing country like Africa would surely like to get a cover for their investments and can attain this insurance through a Multilateral Guarantee and thus can invest jointly in such an investment project