(i) Promoting international monetary cooperation.
(ii) Ensuring balanced international trade.
(iii) Ensuring exchange rate stability.
(iv) Eliminating or minimizing exchange restrictions by promoting multilateral payment.
(v) Providing economic assistance to member countries for correcting imbalance in balance of payments of countries.
(vi) Minimizing imbalance in quantum and duration of balance of payment.

This is one of International Financial Institutions offering political risk insurance and credit enhancement guarantees. The guarantee provided by this institution protects. foreign direct investments against the political and non-commercial risks in developing countries It is head quartered at Washington. It promotes flow of foreign direct investment (FDI) into developing countries.

This agreement sets out seven minimum standards of protection to be accepted by parties in respect of seven intellectual properties namely, copyright, trademark, geographical indication, industrial design, patent, layout design of integrated circuits and undisclosed information.

The following are the objectives of SAARC:
(i) Promoting the welfare of people of Asia.
(ii) Achieving economic growth, social programme and cultural development in member countries.
(iii) Strengthening self-reliance among the members.
(iv) Strengthening co-operation among the members as well as with other developing countries and international and regional organisation.
(v) Maintaining peace among the member of nations in the region.

Functions of SAARC are highlighted:
(i) Monitoring and co-ordinating the development programmes.
(ii) Determining inter-sectoral priorities.
(iii) Mobilizing co-operation within and outside the region.
(iv) Dealing with modalities of financing.