Political Risk Insurance
The Portland Trust provided funding for the development of a Palestinian political risk insurance project in 2008. The project was launched by the Center for American Progress and the Middle East Investment Initiative (MEII) in May 2008 in Bethlehem.
The insurance product will be designed to reduce the political risks involved in trading to and from the Palestinian Territory and allow companies to take advantage of commercially attractive investment opportunities. The proposal for this project is in its final stage and approval from the DC Insurance Commission is being sought. The Portland Trust offices in Tel Aviv and Ramallah are providing facilitation and operational support for the project.
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