OPIC announces renewed commitment to Latin America

The Overseas Private Investment Corporation (OPIC) is a self-sustaining U.S. Government agency that helps American businesses invest in emerging markets. Established in 1971, OPIC provides businesses with financing, political risk insurance, advocacy, and support for private equity investment funds, when commercial funding cannot be obtained elsewhere. By partnering with private equity investment fund managers, OPIC mobilizes private capital to help solve critical development challenges. By providing tools to help manage the risks associated with foreign direct investment, OPIC fosters economic development in emerging market countries, and advances U.S. foreign policy and national security priorities. OPIC helps American businesses gain footholds in new markets, catalyzes new revenues and contributes to jobs and growth opportunities both at home and abroad. OPIC operates at no net cost to American taxpayers and its services are available for new and expanding business enterprises in more than 160 countries worldwide, including Argentina.

OPIC has announced its renewed commitment to investments in Latin America. “Through partnership with private investors, OPIC has the potential to mobilize billions of dollars for investments in Latin America to drive economic growth and development, while advancing U.S. foreign policy and national security goals,” said Ryan Brennan, OPIC Vice President of the Office of Investment Policy, who spoke on an infrastructure investment panel at the Institute of International Finance (IIF) Conference hosted in Buenos Aires in advance of the G20 Finance Minister meeting.