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World Bank building

MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

Young woman bending down to tending to her outside chores

Explore different types of political risk insurance guarantees provided to investors and lenders.

Hyundai building

Explore global projects that support economic growth, reduce poverty and improves people’s lives.

Hands husking peas into a basket full of peas

Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

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About Dropdown Description

World Bank building

MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

Our Impact Dropdown Description

Hands husking peas into a basket full of peas

Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

Our Products Dropdown Description

Young woman bending down to tending to her outside chores

Explore different types of political risk insurance guarantees provided to investors and lenders.

Projects Dropdown Descriptions

Hyundai building

Explore global projects that support economic growth, reduce poverty and improves people’s lives.

Trade finance
Product

Facilitating trade in MIGA member countries

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MIGA’s Trade Finance Guarantee provides protection against losses resulting from the failure of a state-owned bank or public authority to pay an unconditional financial obligation related to a trade finance transaction.

Cross-border trade typically involves an importer and an exporter, and between them a bank that issues a letter of credit to guarantee shipment to the importer and payment to the exporter. There is often a private international bank that confirms the issuing bank’s letter of credit.

MIGA’s guarantee protects the confirming bank against the risk of payment default by a state-owned issuing bank.

In addition, MIGA can issue a guarantee for a trade loan against the risk of a nonpayment by a state-owned bank, state-owned enterprise, or sovereign or sub-sovereign entity.

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