MEDIA ADVISORY:
IFC and MIGA to Help LatvianBusiness Expand intoDeveloping Markets
Riga, Latvia, February 4, 2013—Multilateral Investment Guarantee Agency (MIGA) and International Finance Corporation (IFC), members of the World Bank Group, invite the media to theInternational Investor Forum: Partnering for Progress.The Latvian Chamber of Commerce and Industry and Citadele Bank have partnered with MIGA and IFC to present this forum.
Developing markets, being major drivers of global growth, offer foreign investors a wide range of opportunities—from lower production costs to new technology, products, and skills. As development finance institutions focused on private sector growth in developing countries, IFC and MIGA can help Latvianinvestors understand the risks and opportunities in these markets.
Date: Friday, February 4, 2013 — 9:00 am - 5:00 pm
Lunch will be served.
Venue:
Bank Citadele Headquarters, 2a Republikas Square, Riga LV-1010 ( entrance from Eksporta iela)
Speakers:
- Gundars Strautmanis, President, Latvian Chamber of Commerce and Industry
- Klavs Vasks, Chairman of the Supervisory Board, Citadele Bank
- Tomasz Telma, Director, Europe & Central Asia, IFC
- Olivier Lambert, Head, Europe, MIGA
- Andrea Engel, Senior Operations Officer, Western Europe, IFC
- Tatiana Bogatyreva, Head of Agribusiness & Forestry, Europe, Middle East & North Africa, IFC
- Laura Vecvagare, Senior Investment Officer, Infrastructure, Europe & Central Asia, IFC
- Tatiana Nikolskaya, Partnerships Development Associate Operations Officer, IFC
- Guna Lasmane, Operations Officer, MIGA
To RSVP or set up media interviews, please contact:
Latvian Chamber of Commerce and Industry
Public Relations Department
Email:
Tel.: 67830825 / 26469946
About IFC
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. In FY12, our investments reached an all-time high of more than $20 billion, leveraging the power of the private sector to create jobs, spark innovation, and tackle the world’s most pressing development challenges. For more information, visit
About MIGA
MIGA was created in 1988 as a member of the World Bank Group to promote foreign direct investment into emerging economies to support economic growth, reduce poverty, and improve people’s lives. MIGA fulfills this mandate by offering political risk insurance (guarantees) to investors and lenders, covering risks including expropriation, breach of contract, currency transfer restriction, war and civil disturbance, and non-honoring of sovereign financial obligations.For more information, visit
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