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HBOR, MIGA SIGN AGREEMENT ON COOPERATION

Autor: ;mses;
WASHINGTON, Oct 4 (Hina) - The Croatian Bank for Reconstruction andDevelopment (HBOR) and the Multilateral Investment Guarantee Agency(MIGA), which is a member of the World Bank, on Monday signed anagreement on cooperation, the HBOR reported.
WASHINGTON, Oct 4 (Hina) - The Croatian Bank for Reconstruction and Development (HBOR) and the Multilateral Investment Guarantee Agency (MIGA), which is a member of the World Bank, on Monday signed an agreement on cooperation, the HBOR reported.

The agreement, signed by HBOR Managing Board Chairman Anton Kovacev and MIGA Executive Director Yukiko Omura, regulates basic fields of cooperation, such as support to direct foreign investments and intensive exchange of experience and knowledge in political risks insurance.

MIGA is very active in the western Balkans and has so far issued six guarantees for projects in Croatia.

(Hina) ms

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