World Bank Legal Agreement

(202) Law Resource Center As part of the World Bank`s global development agenda, the Legal Vice President provides the legal advice requested by the World Bank and plays an active role in all World Bank activities. In addition, the Legal Vice-President helps to ensure that all activities of the World Bank comply with the institution`s statutes, policies and procedures. From an organizational perspective, the World Bank`s Vice-President of Legal Affairs includes regional operational practice groups geographically based on the legal and political aspects of the World Bank`s lending operations, as well as business practice groups that provide the World Bank with advice on business financing, administrative and institutional matters. Innovation and partnership are the five institutions of the World Bank Group (WBG): the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), which together form the World Bank; International Finance Corporation (IFC); Multilateral Investment Guarantee Agency (MIGA); and the International Centre for Settlement of Investment Disputes (ICSID). The World Bank Group is one of the world`s most important sources of financing and knowledge for developing countries. It uses financial resources and extensive experience to help our countries reduce poverty, stimulate economic growth and improve quality of life. The World Bank Group is constantly striving to improve working methods to ensure access to the best global know-how and to help generate high-level knowledge. Key priorities include providing measurable results, promoting openness and transparency in development, and improving access to development information and data. Each organization of the World Bank Group operates according to procedures established by its contractual provisions or by an equivalent government document.

These documents describe the terms of membership and the general principles of organization, management and operations. For further information, please contact Defame, abuse, harassment, harassment, threats or any other violation of the legal rights (such as data protection and advertising) of others. The ICSID Convention came into force through a multilateral agreement and came into force on 14 October 1966. LEGSG provides expertise in project financing, structured financing, credit enhancement and public and private financing for World Bank operations, in coordination with colleagues in the Financial Solutions division, as well as regional and global world practitioners from the World Bank and staff from the World Bank`s Ministry of Finance. LEGSG members are active at all stages of the project cycle: from design, design and structuring to the approval of the World Bank Board of Directors, auditing, establishing and negotiating legal documents (which regularly interact with major international law firms acting on behalf of private sector sponsors and lenders) in financial proximity and beyond. In addition, legaciesG legally advises World Bank services and staff on issues related to their areas of participation. The Legal Development Practice Group (LEGDF) is responsible for the legal work of important aspects of the Bank`s granting relationships, including IDA, trust funds and global partnerships.

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