World Bank Group's Investment Information Service To Feature International Business Research Tools from Trade Compass
World Bank Group's Investment Information Service To Feature International Business Research Tools from Trade Compass
WASHINGTON, October 2, 1998 — The Investment Promotion Network (IPAnet), the World Bank Group's on-line information clearinghouse for companies engaged in cross-border investment, will feature market research and statistical analysis tools developed for the interntional business community by Trade Compass, an online global business information provider, under the terms of an agreement announced today at the World Bank/IMF Annual Meetings.
About Trade Compass
One of the first Internet-based business information services focusing on international commerce, Trade Compass provides a variety of resources in support of crossborder trade and investment. Their World Trade Analyzer, which features a database of multilateral trade statistics from more than 190 countries covering over 600 product classifications, allows users to construct a query online and then graphically displays the relevant trade flow data. Trade Compass also provides online access to up-to-date country commercial guides, international product market research as well as legal and regulatory information covering over 180 countries.
About the Investment Promotion Network (IPAnet)
Developed and operated by the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA), IPAnet has become a focal point on the World Wide Web for the international investment community, with users from more than 180 countries. Through IPAnet, which is a free service although registration is required, users can access a wealth of country and sector-specific resources, news and events, investment project profiles as well as an on-line directory of international investment organizations and professionals. Now in its third year of operation, IPAnet’s databases catalog over 8000 information resources drawn from over 450 investment-related organizations -- providing a growing pool of information on investment conditions, legal and regulatory issues -- as well as over 1600 foreign direct investment opportunities in emerging markets worldwide.
Commenting on this new service, Karin Millett, General Manager of MIGA’s Investment Marketing Services Department, said, "Trade Compass has added a new dimension to the on-line resources and tools available to firms investing in emerging markets. Their extensive market research databases and sophisticated analytical tools provide an excellent addition to IPAnet’s growing array of resources. Recent events have shown that access to timely and in-depth market information is essential in this time of international economic volatility."
Browning Rockwell, President of Trade Compass, notes, "We look forward to providing our award-winning statistical applications and international business resources to IPAnet’s worldwide user base of investment organizations and professionals. Our collective information resources will reinforce IPAnet’s position as the first stop on the Web for businesses analyzing investment opportunities in developing countries."
Established in 1995, Trade Compass is the leading source of real-time information and logistical management tools for global business professionals. A privately owned company based in Washington, DC, Trade Compass has twice been recognized as one of the top 50 Web sites by CIO Web Business Magazine for its innovative business applications. Further information is available at http://www.tradecompass.eu
MIGA: Karin Millett, Tel: (202) 473-0394;
E-Mail: kmillett@worldbank.org
Trade Compass: Browning Rockwell, Tel: (202) 783-4455;
E-Mail: browningr@tradecompass.com