Whereas, the Multilateral Investment Fund (the ‘‘MIF I’’) was created by the Agreement
Establishing the Multilateral Investment Fund, dated February 11, 1992 (the ‘‘MIF
I Agreement’’);
Whereas, the MIF I Agreement was renewed until December 31, 2007 pursuant to Article
V, Section 2 thereof;
Whereas, in recognition of the need in the Latin American and Caribbean region to
develop effective approaches to increase private investment and advance private sector
development, improve the business environment and support micro and small enterprises
in order to support economic growth and poverty reduction, the donors that adhered
to the MIF I Agreement and the prospective donors listed in Schedule A of this Agreement
Establishing the Multilateral Investment Fund II (the ‘‘MIF II Agreement’’) (each,
a ‘‘Prospective Donor’’) desire to ensure the continuation of the MIF I’s activities
beyond December 31, 2007 and provide for an enhanced MIF I (the ‘‘MIF II’’ or the
‘‘Fund’’) in the Inter-American Development Bank (the ‘‘Bank’’), which shall have
assumed the assets and liabilities of the MIF I; and
Whereas, the Prospective Donors intend for the MIF II to continue to complement the
work of the Bank, the Inter-American Investment Corporation (the ‘‘IIC’’) and other
multilateral development banks pursuant to the terms contemplated herein, and the
administration of the MIF II by the Bank to continue pursuant to the Agreement for
the Administration of the Multilateral Investment Fund II dated the date hereof (the
‘‘MIF II Administration Agreement’’).
Now, therefore, the Prospective Donors hereby agree as follows: