Article from The Hill and written by RIN Managing Director, Tim Docking, highlights how the new U.S. BUILD Act can increase investment opportunities in emerging markets.
The Better Utilization of Investments Leading to Development Act of 2018, or BUILD Act, has the potential to greatly increase the scale and frequency for U.S. companies to invest in emerging markets. This is good news for corporate America, which sees other donor governments’ development finance institutions support foreign competitors far more aggressively. The bill, which aims to modernize and strengthen the Overseas Private Investment Corporation (OPIC), has bipartisan, bicameral, and White House backing and represents an auspicious chance to address one of the major shortcomings of current development policy.
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