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What is the Multilateral Investment Guarantee Agencys (MIGA) involvement in Iran?

April 26, 2017agency guarantee Investment Iran miga multilateral

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What is the Multilateral Investment Guarantee Agencys (MIGA) involvement in Iran?

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In 2005, the Multilateral Investment Guarantee Agency (MIGA) provided US $127 million in guarantees for two projects. No MIGA funding has been disbursed to Iran. MIGA guarantees provide political risk insurance for foreign investment. MIGA does not provide or infuse cash. It is the insured party – the foreign company – that pays MIGA a premium for the guarantee, and it is to the insured party that MIGA would make payment in the event of a valid claim.