Guatemala, Nov 10 (EFE) .- The Corporation for Private Investment Abroad (OPIC, for its acronym in English) of the United States. of dollars for the Northern Triangle of Central America.
The vice president of that office, Ryan Brennan, said during a press conference - in which he revealed the loan - that the OPIC resources for Honduras, El Salvador and Guatemala "is to be used in the next 24 months", through partnerships with financial institutions.
The US $ 1 billion OPIC will grant, stressed Brennan, "will be channeled through financial entities of the three countries."
The loan does not have a fixed interest rate, because "they will be installed according to the market of each country "and the risk" will be minimal. "
The goal, said Brennan, will be to provide" fair financing and help grow the business "and emphasized that they will seek to" create work, fulfill the rights of workers, women's rights and gender equality. "
The vice president of the entity clarified that the alliances reached by the OPIC" are They give full respect to international standards and human rights. "
Finally, the official explained that he is also committed to the fight against corruption, the which "we hope that the Government of Guatemala will also comply with it", and supported the attitude of the American ambassador in the Central American country, Luis Arreaga, who expressed this to the be presented last September.
The international agency has an annual portfolio of 22,200 million dollars, of which 15,600 million correspond to investment finance, 2,800 million in investment funds and 3,800 million in "political risk insurance", explained the OPIC.
The investment fund offers "direct loans and guarantees of up to 500 million of dollars for terms of up to 20 years ", as well as" specific programs for small and medium enterprises ".
OPIC, a financial institution of the Government's development American, is dedicated to supporting US companies that invest in emerging markets to advance US policy objectives.