General Assembly approves Statutory Amendments

Dear members,

We announce that the statutory amendments which were proposed by members were approved by a majority vote of the members present at the General Assembly on the first day of WAIPA World Investment Conference in Dubai, UAE on 27 November 2017. 

Article V paragraph 2 of the Statutes is amended as follows:

“Fees are as follows:

  1. a) Members:

– Tier I Countries (GDP per capita up to 2,500 USD): 4,000 USD;

– Tier II Countries (GDP per capita from 2,501 USD to 12’500.- USD): 5,000 USD;

– Tier III Countries (GDP per capita over 12,500 USD): 6,000 USD

  1. b) Associated Members: 6,000 USD”

Article XXIX paragraph 3 of the WAIPA Statutes is amended as follows:

“The Consultative Committee of WAIPA consists of 3 to 10 members.”

Please find the amended WAIPA Statutes here.

Sincerely,
WAIPA Permanent Secretariat

Published on Dec 21, 2017