Key Benefits:
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MOTION FOR RESOLUTION No. 55 /X
The Multilateral Investment Fund (FUMIN) was established in 1992 in the framework of the
The Inter-American Development Bank Group (BID) with the aim of supporting the
development of the small and micro enterprises of the poorest countries in America
Latin and the Caribbean, in the process of transition to the global economy.
The FUMIN was created by the 10-year period and, in 2002, the donor committee, in the
terms of the respective Constitutive Conven, extended its existence for a period
from another five years, until December 2007, when the instrument in question
cesses up its activity. Portugal acceded to the FUMIN on August 2, 1994, by the
Resolution of the Assembly of the Republic No. 46/94 of August 2, which approved the
respective membership.
At the Annual Meeting of the 2005 BID, which took place in Peru, the Governors
deliberated, in the face of the results obtained in the last 15 years, to proceed to the creation of
an Instrument that, based on the previous experience, would continue to promote the
economic growth and the reduction of poverty in developing countries in the
Region, upon stimulus to the growing realization of private investments and support
to the development of the private sector. In the age of globalization there was to conceive a
new approach with a broader objective and with the changes that the economy
from the region and the world came to dictate.
As the FUMIN I, the FUMIN II will continue to complement the work of the Bank and the
Inter-American Investment Cooperation (CII) in moulds more appropriate to the
development and the needs of the Region. In that sense and after negotiations
during the year 2004 between the donor countries and the Bank were completed the
Constitutive Arrangement of the FUMIN II and the Administration Arrangement of the FUMIN II, which
were signed on April 9, 2005 on the occasion of the 46 th Annual Meeting of the Bank which
took place in the city of Okinawa, Japan.
Thus:
Under the terms of the paragraph d) of Article 197 (1) of the Constitution, the Government presents to the
Assembly of the Republic the following motion for a resolution:
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Approve the Constitutive Arrangement of the Multilateral Investment Fund II and the
Administration Arrangement of the Multilateral Investment Fund II, signed to 9 of
April 2005, in Okinawa, whose text, in the authenticated version in Portuguese language, if
publishes in annex.
Seen and approved in Council of Ministers of June 6, 2007
The Prime Minister
The Minister of State and Foreign Affairs
The Minister of the Presidency
The Minister of Parliamentary Affairs