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Does OPIC help small business exporters? Hearing before the Subcommittee on Tax, Finance, and Exports of the Committee on Small Business, House of Representatives, ... first session, Washington, DC, May 15, 1997 by United States

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Published by For sale by the U.S. G.P.O., Supt. of Docs., Congressional Sales Office .
Written in English

Book details:

The Physical Object
Number of Pages65
ID Numbers
Open LibraryOL7375860M
ISBN 100160550955
ISBN 109780160550959

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• OPIC’s special finance products for small businesses IN AN ADDITION TO SESSIONS ABOUT OPIC PRODUCTS SUCH AS POLITICAL RISK INSURANCE AND FINANCING, THE WORKSHOP WILL FEATURE PRESENTATIONS FROM: • Export Import Bank of the U.S. (EX-IM) • Small Business Administration (SBA) • U.S. Department of Commerce • U.S. Trade and Development. Dr. Watson said, “Helping small business is one of OPIC’s leading priorities. The partnership between OPIC and WBC is another important step in this effort. WBC’s expertise in identifying U.S. small businesses ready to expand into emerging markets will be particularly invaluable and will complement the ongoing activities of our small business center and OPIC’s new Small and Medium Enterprise. OPIC services are available for new and expanding business enterprises in more than countries worldwide. To date, OPIC has supported more . OPIC’s work contributes to stability and economic opportunity, which helps mitigate risk to U.S. companies investing abroad, and promotes a positive developmental effect for the host g: book.

  OPIC also offers political risk insurance for businesses and investors as protection from expropriation risks, political violence, and other country risks. On . The Trump budget keeps the Export-Import Bank alive but kills the Overseas Private Investment Corporation. books) they give for killing OPIC: to help American businesses invest in emerging.   -- The Overseas Private Investment Corporation (OPIC) has committed to provide a $30 million loan to Russia’s leading micro- and small finance bank, Small Business Credit Bank (KMB Bank), enabling KMB Bank to make small loans to micro, small and medium-sized customers investing in Russia, OPIC President and CEO Dr. Peter Watson announced today. The Overseas Private Investment Corporation transformed into the U.S. International Development Finance Corporation. New name, more tools, more resources to invest. Learn More.

  Get this from a library! What has OPIC done for small business lately?: hearing before the Subcommittee on Tax, Finance, and Exports of the Committee on Small Business, House of Representatives, One Hundred Sixth Congress, first session, Washington, DC, [United States. Congress. House. Committee on Small Business. Subcommittee on Tax, Finance, and Exports.]. OPIC may even help companies export jobs. Levi Strauss, for example, recently announced plans to shutter its U.S. plants and lay off thousands of workers while obtaining more than $29 million in OPIC insurance to set up garment manufacturing facilities in Turkey. While the eligible U.S. small business must own at least 25 percent of the overseas project, OPIC may be able to finance up to 65 percent of the total project cost. OPIC has conducted more than a dozen small business workshops around the United States since , educating nearly business owners about OPIC products and services. United States Commercial Service. The United States Commercial Service (USCS) is the trade promotion arm of the International Trade Administration within the United States Department of Commerce. The mission of the USCS is to promote the export of goods and services from the United States, particularly by small- and medium-sized businesses; to represent U.S. business interests internationally.