Overseas Private Investment Corporation; Title II of H.R. 11792, Foreign Assistance Act of 1969: Hearings, Ninety-first Congress, First SessionU.S. Government Printing Office, 1969 - Broj stranica: 218 Considers title 2 of H.R. 11792, to establish the government Overseas Private Investment Corp. for promotion of private investment and development in Third World nations. |
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$20 million abroad administration agency AID program authority balance of payments Bank basic believe bill board of directors Chairman committee CONGRESS THE LIBRARY Congressman CULVER DENNISON DIETZ Direct Investment eligible investor exports FARBSTEIN financing foreign aid Foreign Assistance Act foreign economic policy funds going GRUNWALD guarantee HAYNES host countries HUNT industrial institution interests International Finance Corporation joint ventures Latin America LDC's legislation less developed countries LIBRARY OF CONGRES LIBRARY OF CONGRESS loans MEAGHER ment MORSE objectives Office of Private operation OPIC OPIC's organization Overseas Private Investment participation percent political President private capital private enterprise private foreign investment Private Investment Corporation Private Resources private sector problems profit proposed question reserve responsibility risk ROBERT N. C. NIX SALZMAN section 324 specific statement subcommittee Thank tion TUNNEY U.S. business U.S. company U.S. Government U.S. investors United vate
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Stranica 202 - States, by and with the advice and consent of the Senate, and shall serve at the pleasure of the President.
Stranica 72 - ... the US Chamber of Commerce, the National Association of Manufacturers, and the National Industrial Conference Board.
Stranica 217 - States in collecting debts from bankrupt, insolvent, or decedents' estates; to determine the character of and the necessity for its obligations and expenditures, and the manner in which they shall be incurred, allowed, and paid, subject to provisions of law specifically applicable to Government corporations...
Stranica 145 - ... eligible investor' means : (1) United States citizens; (2) corporations, partnerships, or other associations including nonprofit associations, created under the laws of the United States or any State or territory thereof and substantially beneficially owned by United States citizens; and (3) foreign corporations, partnerships, or other associations wholly owned by one or more such United States citizens, corporations, partnerships, or other associations : Provided...
Stranica 130 - To mobilize and facilitate the participation of United States private capital and skills in the economic and social progress of less developed friendly countries and areas, thereby complementing the development assistance objectives of the United States...
Stranica 216 - ... and drafts drawn upon it; to issue letters of credit; to purchase and sell coin, bullion, and exchange; to borrow and to lend money; to perform any act herein authorized in participation with any other person, including any individual, partnership, corporation, or association; to adopt, alter, and use a corporate seal, which shall be judicially noticed; to sue and to be sued, to complain and to defend in any court of competent jurisdiction; and the enumeration of the foregoing powers shall not...
Stranica 210 - Fund established pursuant to section 235, and such other funds or reserves as the Corporation may establish, at such time and in such amounts as the Board may determine ; and (c) payment of dividends, on capital stock, which shall consist of and be paid from net earnings of the Corporation after payments, transfers, and additions under subsections (a) and (b) hereof.
Stranica 199 - States; (j) to advise and assist, within its field of competence, interested agencies of the United States and other organizations, both public and private, national and international, with respect to projects and programs relating to the development of private enterprise in less developed countries and areas...
Stranica 30 - I want you to know that it has been a pleasure to have you and your associates.
Stranica 215 - ... (b) The President shall transfer to the Corporation, at such time as he may determine, all obligations, assets and related rights and responsibilities arising out of, or related to, predecessor programs and authorities similar to those provided for in section 234 (a), (b), and (d).