OPIC Signs Commitment with European Development Finance Institutions to Support Development and Private Sector Growth
May 24, 2018
(OPIC)
COLOGNE, GERMANY – Overseas Private Investment Corporation (OPIC), the U.S.
Government’s development finance institution, Executive Vice President David
Bohigian and Association of European Development Finance Institutions Chairman
Nanno Kleiterp today signed a Memorandum of Understanding (MOU) highlighting
each agency’s commitment to catalyzing private financing and investment for
sustainable development in emerging markets.
“This agreement provides OPIC and its European development finance institution
counterparts the framework to work more closely and collaborate on sustainable
investments in developing countries,” Bohigian said. “By furthering
coordination, we’re bolstering support for more opportunities in emerging
markets. And, by working together on projects that meet mutual policy objectives
and criteria, we’re promoting democratic values, self-sustaining societies,
and reinforcing best practices.”
The signing follows recent OPIC MOUs with the Japan Bank for International
Cooperation, Nippon Export and Investment Insurance, and Australia’s
Department of Foreign Affairs and Trade. Each MOU focused on supporting greater
cooperation between agencies on investments and development in emerging
markets.
The full text of the MOU can be found here.
Welcome to the Exporting Source
Your one-stop resource for finding help to export to new customers, to learn about government export programs, to join export-promoting trade missions, to sign up for trade conferences and training, and to link to other exporting services. Whether you're an old hand at exporting or just getting started, the Exporting Source provides a place to locate foreign customers, export financing and foreign investment assistance.