Examples of MIGA Convention in a sentence
This Agreement is entered into in furtherance of the instruments establishing the Organizations, and the Convention on the Privileges and Immunities of the Specialized Agencies of 21 November 1947, to which the Republic of Austria became a party as of 21 July 1950 with respect to Xxxxx XX concerning the IBRD, and as of 10 November 1959, with respect to Xxxxx XXXX concerning the IFC; and also to the MIGA Convention which was ratified by the Republic of Austria on September 17, 1997.
Venezuela submits that Article 22 is a ‘compound provision which covers three types of disputes: those arising under bilateral investment treaties, those arising under the MIGA Convention and those arising under the ICSID Convention.
General PrinciplesThere are some matters that can be considered as the general principles of MIGA Convention.
Taking into account work done in this area in relevant international fora, and recognizing in particular the recent signing by India of the Multilateral Investments Guarantee Agency (MIGA) Convention, the Contracting Parties agree to support the promotion and protection of investments between the Member States of the Community and India on the basis of the principles of non-discrimination and reciprocity.
Nothing in these Procedures, and nothing revealed during proceedings under these Procedures, shall be considered to alter, abrogate or waive MIGA’s status, immunities and privileges as set forth in the MIGA Convention or other provisions of national or international law.
Only economic considerations shall be relevant to their decisions, and these considerations shall be weighed impartially in order to achieve the purposes stated in Article I.” See also IDA Articles of Agreement, Article V, Section 6; IFC Articles of Agreement, Article III, Section 9; MIGA Convention, Chapter V, Article 34.c IBRD Articles of Agreement, Article III, Sections 5(b), (c); IDA Articles of Agreement, Article V, Sections 1(g), 1(h).
The Borrower shall not unreasonably withhold its approval under Article 15 of the MIGA Convention for Guarantee Contracts to be issued by MIGA.
An environmental and social impact assessment is produced for projects expected to have significant environmental impacts.14 The MIGA Convention should be seen as an effort to increase international cooperation for the purpose of economic development and foreign investment especially in developing countries.
See Preamble and Articles 2 and 12.5 MIGA Convention Article 12, and MIGA’s Operational Regulations, Section II and Chapter III.
Cambodia has been one of the very few countries in the world not to have either DTAs (also called double taxation treaties (DTTs)) or tax-sparring agreements, due to a lack of expertise/experience in this area.65 Cambodia is part of the Multilateral Investment Guarantee Agency (MIGA) Convention.