No CrossRef data available.
Article contents
Inter-American Investment Corporation: Agreement Establishing, for the Purpose of Encouraging Private Enterprises to Supplement Activities of the Inter-American Development Bank
Published online by Cambridge University Press: 04 April 2017
Abstract
![Image of the first page of this content. For PDF version, please use the ‘Save PDF’ preceeding this image.'](https://static.cambridge.org/content/id/urn%3Acambridge.org%3Aid%3Aarticle%3AS0020782900028126/resource/name/firstPage-S0020782900028126a.jpg)
- Type
- Treaties and Agreements
- Information
- Copyright
- Copyright © American Society of International Law 1985
References
* [Reproduced from the English text provided by the Inter-American Development Bank. The French, Portuguese and Spanish texts are equally authentic.
[The Agreement has been deposited with the Inter-American Development Bank and is open for the signatures of the representatives of the 34 countries listed in Annex A, at I.L.M. page 457.
[The United States Congress has authorized membership in the Corporation, and the legislatures of several other countries are in the procesof considering bills to authorize their respective memberships.
1 The representatives of Argentina and Brazil stated that their participation in the capital of the Corporation should not only match their shares in the capital of the Bank, but also maintain their relative shares in the total amount contributed by the regional developing countries in the capital of the Bank.
2 The Mexican delegation makes the subscription listed above in order tohelp eliminate the over subscription that has prevented the Inter-American Investment Corporation from coming into operation. Nevertheless, it wishes to put on record the desire of Mexico to achieve greater share participation in these multilateral organizations, to more adequately reflect through a system of objective indicators its size interms of economy, population and requirements for financial support forits development process.
3 Venezuela ratifies that it has decided to subscribe 1,248 share of the Inter-American Investment Corporation, which gives it a participation of in its capital, to enable the Corporation to begin operating assoon as possible. However, Venezuela sta tes for the record that it has not abandoned its desire to achieve a greater share participation in the future