ELI5: Explain Like I'm 5

World Association of Investment Promotion Agencies

Okay, so there is a group of grown-ups from all around the world who work for the government to help companies invest in their countries. This group is called the World Association of Investment Promotion Agencies, or WAIPA for short. Their job is to make it easier for big companies to start businesses in different places around the world. They help by giving information about different rules and regulations in each country. They also hold meetings so that people can talk about their ideas and learn from each other. Imagine your school is having a big party and your teacher asks everyone to bring different snacks. The WAIPA is like the teacher who helps everyone share their snacks and have fun together!