Question

2. Discuss the role of OPIC in promoting U.S. exports.

Answer 1

Overseas private investment corporation is a wholly owned U.S. government corporation .it is referred to as U.S.development finance institution.this program are intended to promote U.S. private investment in developing countries by mitigating risks .its financing and insurance are backed by full faith snd credit of the U.s government.this is created to mobilzing and facilitating the participation of U.S .private capital and skills in the economic and social development.this has made progress in diversifying its finance and insurance portfolio towards the poorer developing countries.this is demand driven providing services based on user interest .this supports U.S. exports and is involved in U.s. trade promotion interagency processes and initiatives.