Migration, Trade and Investments

The Banco do Brasil, the Japanese National Mail Service and several banks have agreed to cooperate to facilitate remittances transfers.

The Development Corporation for Israel, commonly known as Israel Bonds, was established in 1951 and is the broker-dealer and underwriter for securities - Israel bonds - issued by the State of Israel in the United States.

The agreement between the Doha Bank and the PT Bank Central Asia Tbk, Indonesia enables Indonesian migrant workers to use the web-based remittances services.

Overseas Indian Facilitation Centre (OIFC) was established in 2007 with the objective of supporting the Indian Diaspora connect better with India and assisting them in deepening their economic and intellectual engagement with India. Ministry of Overseas Indian Affairs, Government of India, set up OIFC, a Public Private Partnership, in association with Confederation of Indian Industry (CII), India’s apex industry chamber.

The French Co-development program introduces the idea of “supporting initiatives by young people of immigrant origin”, a policy that enables youth associations of immigrant descent and youth associations in the parents’ countries of origin to be co-financed for socio-cultural activities that are deployed on both territories.

These projects should foster citizenship and socio-economic integration in France, and contribute to development initiatives in the regions of departure.

This practice facilitates the investments of individual Malians or Malian Diaspora associations in France in local community development projects or enterprise creation in Mali. Participation in this programme by Malian migrants in France is not conditional on permanent return.

This programme addresses all aspects of migration, including annual consultations between France and Mali and twinning arrangements between villages.

The Banco Solidario provides small loans at very competitive rates for migrants departing to Spain in order to cover the costs of their flight, the first days in Spain and family support until the migrant receives his/her first pay.

Remittances for development council serves as a consultative programme to discuss issues concerned about remittances as well as an advisory and policy-recommending bodies for channeling remittances for development. Another focus for the Philippines government is to minimize barriers to asset transfers, through creating conducive legislative and institutional framework that facilitate engagement. For instance, the Philippines has introduced flexible residence visa arrangements to facilitate access to the Philippines or former Philippines citizens.

It is a process that has different phases. The first one is the identification of skilled migrants in host countries. Once they are identified, networks of migrants are established. Within these networks, migrants are encouraged to create thematic groups. Once this network is constituted, a big national seminar in Morocco is created to which Ministries, National Institutions, Center of Research and Universities are invited. So far, there are networks in Germany, the United States, Canada and Denmark.

Originated from the Netherlands, IntEnt was set up to facilitate the creation of new business by entrepreneurial and enterprising migrants. IntEnt distinguishes itself from regular SME promotion programmes with its special focus on bridging two worlds. Its services are primarily offered to migrants who wish to set up a business in their countries of origin.