IIC Signs A Cooperation Agreement With Austrian Government Agency FGG


IIC's funding will contribute to the development of the export sector of Mexico WASHINGTON, D.C. - The Inter-American Investment Corporation (IIC); the Multilateral Investment Fund (MIF), an organization affiliated to the Inter-American Development Bank; the Government of Austria, and Finanzierungsgarantie-Gesellschaft m.b.H. (FGG), an Austrian government agency, signed yesterday a $500,000 technical cooperation agreement on the occasion of the Annual Meetings of the Boards of Governors of the World Bank and the International Monetary Fund in Washington, D.C. The agreement creates a trust fund that will assist in private sector initiatives in Latin America and the Caribbean and promote the participation of Austrian sponsors in projects related to these initiatives.

The document was signed by Mr. John C. Rahming, General Manager of the IIC; Mr. Donald Terry, Manager of the MIF; Mr. Mathias Bischof, Head of Department/Corporate Development of FGG; and Mr. Thomas Wieser, Director-General of Finance of the Government of Austria.

Other Austrian officials present were Ms. Isabella Lindneer, Personal Adviser of the State Secretary, Federal Ministry of Finance; Mr. Walter Rill, Head of Department, Ministry of Finance; Mr. Heinz Seitinger, Austrian Trade Commissioner/Washington; and Mr. Walter Mayr, Head of Department, International Affairs, Federal Chamber of Commerce.

Contact: John C. Rahming

Telephone: (202) 623-3901

Email: sylviasz@iadb.org