The Overseas Private Investment Corporation was an American development finance organization.
He encouraged development in emerging markets through private sector investment abroad, especially in emerging markets.
The agency provided both risk insurance and loan guarantees to companies with sound business plans.
OPIC supported projects that strengthened and aligned with US foreign policy, advancing the country’s national security interests.
In 2019, the agency merged with the US Agency for International Development’s Development Credit Office to form the US International Development Finance Corporation.