Approves The Agreement Establishing The Multilateral Investment Fund Ii And The Arrangement Of Administration Of The Multilateral Investment Fund Ii, Signed On 9 April 2005 In Okinawa

Original Language Title: Aprova o Convénio Constitutivo do Fundo Multilateral de Investimentos II e o Convénio de Administração do Fundo Multilateral de Investimentos II, assinados em 9 de Abril de 2005, em Okinawa

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Read the untranslated law here:

1 MOTION for a RESOLUTION paragraph 55/X the Multilateral Investment Fund (MIF) was created in 1992 within the Group inter-American Development Bank (IDB) with the aim of supporting the development of small and micro companies in the poorest countries of Latin America and the Caribbean, in the process of transition to the global economy. The MIF was created for a period of 10 years and, in 2002, the donor Committee, pursuant to its Constitutive Agreement, extended your existence for a period of five years, until December 2007, when the instrument in question ceases to your activity. Portugal joined the MIF on 2 August 1994, by resolution of the Assembly of the Republic n° 46/94, of 2 August, which approved its accession. The IDB Annual Meeting of 2005, held in Peru, the Governors approved, in light of the results obtained in the last 15 years, creating an instrument which, based on previous experience, continue to promote economic growth and poverty reduction in developing countries in the region, by encouraging private investment growing realization and support for private sector development. In the era of globalization had to devise a new approach with a broader objective and with the changes that the economy of the region and the world came to dictate. As the MIF, the MIF II will continue to complement the work of the Bank and the Inter-American Investment Cooperation (IIC) in a way more suited to the development and needs of the region. To this end and after negotiations during the year of 2004 between the donor countries and the Bank were completed the Arrangement establishing the MIF II and the MIF II Administration Agreement, which were signed on 9 April 2005, on the occasion of the 46th annual meeting of the Bank held in the city of Okinawa, in Japan.

So: under d) of paragraph 1 of article 197 of the Constitution, the Government presents to the Assembly of the Republic the following resolution: 2 Approve the Arrangement establishing the Multilateral Investment Fund II and the Arrangement of administration of the Multilateral Investment Fund II, signed the April 9 2005 in Okinawa, whose text, authenticated version in Portuguese language If published in the annex.

Seen and approved by the Council of Ministers of 6 June 2007 the Prime Minister and State Minister for Foreign Affairs the Minister of Parliamentary Affairs Minister Presidency