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Multilateral Investment Guarantee Agency
(redirected from MIGA)

   Also found in: Acronyms, Encyclopedia, Wikipedia 0.01 sec.
Multilateral Investment Guarantee Agency (MIGA)
Agency established by the World Bank that offers various forms of political risk insurance to corporations.

Multilateral Investment Guarantee Agency
An agency of the World Bank that seeks to promote foreign direct investment in developing countries. It does this primarily by selling political risk insurance to corporations that wish to expand into the developing world. It also provides advisory services to governments in these countries on how best to attract investment. It was established in 1988 and is based in Washington, DC.


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Under the MoU, MIGA and DIFC will explore opportunities for co-branding of existing political risk insurance products, joint business development efforts, and development of a mutual referral process.
Omar Bin Sulaiman, Governor of the Dubai International Financial Centre (DIFC) and Vice Chairman of UAE Central Bank said: "DIFC's partnership with MIGA will contribute significantly to enhancing the growth potential of the bond and Sukuk markets in the region.
Under the MoU, MIGA and DIFC will explore opportunities for co-branding of existing political risk insurance products, joint business development efforts, and development of a mutual referral process.
 
 
 
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