Multilateral Development Banks - meaning and definition. What is Multilateral Development Banks
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What (who) is Multilateral Development Banks - definition

TREATY BETWEEN 3 OR MORE COUNTRIES
Multilateral agreement; Multilateral treaties; Multilateral convention

Multilateral Agreement         
An international compact in which three or more parties participate.
Multilateral treaty         
A multilateral treaty is a treaty to which two or more sovereign states are parties.Anthony Aust (2000).

Wikipedia

Multilateral treaty

A multilateral treaty is a treaty to which two or more sovereign states are parties. Each party owes the same obligations to all other parties, except to the extent that they have stated reservations. Examples of multilateral treaties include the Convention Relating to the Status of Refugees, the United Nations Convention on the Law of the Sea, the Geneva Conventions, and the Rome Statute of the International Criminal Court.

Examples of use of Multilateral Development Banks
1. To explore ways for the multilateral development banks to provide more assistance to the poorest and least creditworthy countries as performance–based grants, and expand the multilateral development banks role in catalyzing private sector investment.
2. The focus of donors and multilateral development banks on agricultural infrastructure is promising.
3. Third, the bank will expand its partnerships with other groups, such as other multilateral development banks in Asia, Africa and Latin America.
4. If EU money was channelled through national budgets, this would be no different to the structural lending done by multilateral development banks.
5. For the poorest and least creditworthy countries, we support increased multilateral development banks (MDB) funding provided as performance–based grants. 17.