Syria joins World Bank investment-guarantee agency

Published October 14th, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

Syria became a member on Saturday October 13 of the World Bank's Multilateral Investment Guarantee Agency (MIGA), the official SANA news agency reported. 

 

President Bashar Al-Assad signed into effect a law providing for Syrian membership in the agency, which offers political risk insurance to investors and lenders and helps developing countries attract and retain private investment. — (AFP, Damascus) 

 

© Agence France Presse 2001 

 

© 2001 Mena Report (www.menareport.com)