Such an agreement, coupled with a bilateral investment treaty are required prior to granting the Soviet Union access to a number of U.S. government programs such as Eximbank credits and OPIC insurance.
The Overseas Private Investment Corporation (OPIC): As you know, OPIC provides such assistance as financing and political risk insurance that enables companies and private equity funds to support infrastructure projects and other investments in developing countries.
Rob Mosbacher formerly served as the President and CEO of the Overseas Private Investment Corporation (OPIC) and Mark Green is Senior Director at the U.S. Global Leadership Coalition and a former Congressman and U.S. Ambassador to Tanzania.
The U.S. Overseas Private Investment Corps, OPIC, headed by Rob Mosbacher, will work with the financial community to create several new private equity funds that will mobilize up to a billion dollars of additional private investment in Africa.