On December 12, 1997, Multilateral Investment Guarantee Agency (MIGA) Council of Governors adopted resolution number fifty-four. It is resolves that: before becoming a party to the Convention Establishing the Multilateral Investment Guarantee Agency (the convention), the Republic of Palau shall accept membership in and become a member of the International Bank for Reconstruction and Development. Upon deposit of its instrument of ratification, acceptance or approval of the convention, the Republic of Palau shall be obligated to: i) subscribe at par to 50 shares of the capital stock of the agency; and ii) pay in full to the Agency the paid-in portions of the subscription price of such shares in accordance with articles seven and eight of the convention.
Detalhes
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Data do documento
1997/12/12
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TIpo de documento
Relatório da Diretoria Executiva
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No. do relatório
82421
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Nº do volume
1
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Total Volume(s)
1
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País
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Região
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Data de divulgação
2013/11/22
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Disclosure Status
Disclosed
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Nome do documento
Multilateral Investment Guarantee Agency (MIGA) Council of Governors resolution ; no. 54 : membership of the Republic of Palau
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Palavras-chave
multilateral investment guarantee agency;instrument of ratification;subscription price;capital stock;
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