Overseas Private Investment Corporation (opic)


Definition of "Overseas private investment corporation (opic)"

Hayai Ali real estate agent
Hayai Ali, Real Estate Agent Keller Williams Realty

Federal program to insure private U.S. investments in foreign countries, created by the Foreign Assistance Act of 1961. It is a joint government and private effort to encourage U.S. investments abroad by providing protection against three political risks: (1) inability to convert foreign currency; (2) expropriation of facilities by a foreign country; and (3) war or revolution. The program is guaranteed by the full faith and credit of the U.S. government.

 

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