JHASS
The Perfection of Subrogation System in Overseas Investment Insurance System
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Abstract
The Multinational Investment Guarantee Agency (MIGA) was established in 1988 and is the institution with the shortest establishment time in the World Bank Group. China signed and ratified the Multilateral Investment Guarantee Agency Convention in April 1988 and became one of the founding members of MIGA.MIGA's mission is to promote foreign direct investment (FDI) into developing countries to help support economic growth, reduce poverty, and improve people's lives. Among them, the most important thing is to guard against political risks to protect investment. This article focuses on the study of MIGA's subrogation rights. In connection with the analysis of the international situation, China's foreign investment has shown a good development trend. The main aspects of investment are more diversified; the investment area is more extensive; the scale of investment is larger. Our country should combine plan overseas investment more scientifically and rationally, so as to achieve a mutually beneficial and win-win situation with many countries and regions.
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How to cite this paper
The Perfection of Subrogation System in Overseas Investment Insurance System
How to cite this paper: Qiuting Wang. (2022) The Perfection of Subrogation System in Overseas Investment Insurance System. Journal of Humanities, Arts and Social Science, 6(3), 479-482.
DOI: http://dx.doi.org/10.26855/jhass.2022.09.031
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