[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-110876-en":3,"doc-seo-110876-105":28,"detail-sidebar-cat-0-en-105":88},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":4,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":20,"language":21,"language_code":22,"site_id":23,"html_lang":22,"table_of_contents":24,"faqs":25,"seo_title":13,"seo_description":14,"update_tm":26,"read_time":27},110876,13056703019662,"Evangeline","https://ap-avatar.wpscdn.com/avatar/be000253a8e92610077?_k=1778726343310543188",8,"Research & Report","Multilateral Investment Guarantee Agency - Council of Governors Resolution; No. 113 Reclassification of the Republic of Latvia","This document is a resolution by the Council of Governors of the Multilateral Investment Guarantee Agency (MIGA), specifically Resolution No. 113. The resolution concerns the reclassification of the Republic of Latvia. It outlines the historical context, stating that Latvia became a member of MIGA on August 21, 1998. The core of the resolution is based on Latvia's request to be reclassified from a Category Two member country to a Category One member country. The resolution details the fulfillment of the requirements for this reclassification, particularly in accordance with Article 31 of the MIGA Convention, which vests the power of reclassification in the Council of Governors. A key condition met by Latvia was the substitution of an equivalent amount of its subscription paid in local currency with freely usable currency, a step necessitated by its adoption of the Euro on January 1, 2014. The document concludes with the Council of Governors hereby resolving that the Republic of Latvia is officially classified as a Category One member country of MIGA, with the resolution adopted on January 5, 2022. The document emphasizes the Agency's role in facilitating investment and managing member classifications based on established criteria and convention articles.","Public Disclosure Authorized Public Disclosure Authorized  \nMULTILATERAL INVESTMENT GUARANTEE AGENCY  \nCOUNCIL OF GOVERNORS  \nResolution No. 113  \nReclassification of the Republic of Latvia  \nWHEREAS the Republic of Latvia became a member of the Multilateral Investment Guarantee Agency (“MIGA”) effective August 21, 1998;  \nWHEREAS the Government of the Republic of Latvia now requests that Republic of Latvia be reclassified by the Agency from a Category Two member country to a Category One member country;  \nWHEREAS in accordance with Article 31 of the MIGA Convention, the power to reclassify a member is vested in the Council of Governors;  \nWHEREAS the Republic of Latvia has satisfied the requirement for reclassification to Category One that it substitute an equivalent amount of its subscription paid in local currency with freely usable currency when it was converted to Euro on January 1, 2014, when the Republic of Latvia adopted the Euro as its official currency.  \nTHE COUNCIL OF GOVERNORS HEREBY RESOLVES THAT:  \nThe Republic of Latvia is hereby classified as a Category One member country of MIGA.  \n(Adopted on January 5, 2022)","cbCaiepgr61QeCkj","https://ap.wps.com/l/cbCaiepgr61QeCkj","pdf",121281,1,"English","en",105,"# Resolution No. 113\n## Reclassification of the Republic of Latvia","[{\"question\":\"What is the purpose of MIGA Resolution No. 113?\",\"answer\":\"MIGA Resolution No. 113 concerns the reclassification of the Republic of Latvia from a Category Two member country to a Category One member country.\"},{\"question\":\"When did the Republic of Latvia become a member of MIGA?\",\"answer\":\"The Republic of Latvia became a member of MIGA effective August 21, 1998.\"},{\"question\":\"What was the main requirement Latvia met for reclassification?\",\"answer\":\"Latvia satisfied the requirement to substitute an equivalent amount of its subscription paid in local currency with freely usable currency, following its adoption of the Euro on January 1, 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