🎗JBIC Signs MOU with OPIC of the U.S.
The Japan Bank for International Cooperation (JBIC; Governor: Akira Kondoh) signed on November 7 a Memorandum of Understanding (MOU) with Overseas Private Investment Corporation (OPIC; President and Chief Executive Officer: Ray W. Washburne) of the United States of America (the U.S.).
OPIC is an agency of the Government of the U.S. established to mobilize and facilitate the investment of U.S. private capital in the economic and social development of emerging market countries, by offering financing and political risk insurance for certain projects. Under the MOU, it is intended that JBIC and OPIC, as public financial institutions promoting the policies of their respective governments, support potential projects in the sectors, such as infrastructure, energy and natural resources in the regions of Asia, the Indo Pacific, the Middle East and Africa. In this way, the MOU will also contribute to strengthening the economic ties between Japan and the U.S. JBIC
http://www.jbic.go.jp/en/information/press/press-2017/1108-58398