The objective of this study is to highlight the salient features of the regional scheme of investment guarantees managed by the Inter-Arab Investment Guarantee Corporation (IAIGC)—an institutional offshoot of joint Arab economic effort—and to review the experience acquired by the Corporation since it commenced operations in 1975. Before proceeding with this, however, we should consider the concept of investment guarantees against non-commercial risks and briefly discuss international guarantee schemes, which provide a useful point of entry into the subject of inter-Arab investment guarantees.
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