Janice C. Shields

The Overseas Private Investment Corporation (OPIC), a wholly owned government corporation established in 1971, provides taxpayer-backed loans, loan guarantees, and insurance to U.S. businesses for investments in “politically risky” countries.

The Export-Import Bank (Eximbank) is an independent U.S. government agency established in 1934 to create jobs through exports.

FPIF Corporate Welfare Package

Tax policy becomes foreign policy when companies operate outside their headquarters country and are subjected to tax laws of multiple jurisdictions.

Investment funds, established to provide capital for private enterprises and sponsored by government agencies and multinational institutions, are increasing in number every year.

Washington’s increasing focus on promoting international investment and trade is evident in the smorgasbord of assistance offered to U.S. exporters.

The Overseas Private Investment Corporation (OPIC), a wholly owned government corporation established in 1971, provides taxpayer-backed and taxpayer-funded loans, loan guarantees, and insurance to businesses for investments in “politically risky” countries.