Investment Trends in Mexico
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According to a press release on November 9, 2004 by the U.S. State Department, the Overseas Private Investment Corporation (OPIC) has committed more than $40 million in financing to U.S. small businesses since opening its programs in Mexico in 2003 and anticipates providing hundreds of millions more in the upcoming months, as American companies realize the potential return on investments in Mexico. OPIC was established in 1971 as a self-sustaining development agency of the U.S. government. OPIC helps U.S. businesses invest overseas, fosters economic development in emerging markets and developing nations such as Mexico, complements the private sector in managing the risks associated with foreign direct investment, and supports U.S. foreign policy. By expanding economic development in Mexico, OPIC-supported projects encourage political stability and free market reforms. In its press release in 2004, OPIC stated that it anticipated providing hundreds of millions of dollars in financing to U.S. small businesses i
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Approximate Word count = 703
Approximate Pages = 3 (250 words per page)
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