Finance and Development
The Bureau of Economic, Energy and Business Affairs' International Finance and Development unit (EEB/IFD ) promotes U.S. economic development through global economic stability.
- Development Finance -- Negotiating multilateral assistance projects that foster sustainable development and market reforms, are consistent with protection of human rights and the environment, and support U.S. jobs by creating export and development opportunities for U.S. companies.
- Investment Affairs -- Developing a satisfactory climate for U.S. investment overseas through bilateral and multilateral investment agreements that encourage foreign countries to adopt market-oriented policies that treat private investment fairly; by support of multilateral efforts to eliminate bribery and corruption and to encourage responsible behavior by multinational enterprises; and with assistance to U.S. investors involved in investment disputes with foreign governments.
- Monetary Affairs -- Fostering global economic stability and growth by promoting sound macroeconomic policies through our broader foreign policy and in our relations with other countries; supporting international financial institution efforts to promote market-oriented economic reforms and a sounder global financial system; and negotiating debt rescheduling and, where appropriate, debt relief agreements.
U.S.-Japan Investment Initiative
Since 2001, the U.S.-Japan Investment Initiative has served as a forum for bilateral cooperation on issues related to foreign direct investment (FDI) in both countries. FDI is a critical contributor to the economic prosperity of both countries and, despite the current economic downturn, Japan and the U.S. continue to attract FDI inflows. 2009 Report
The U.S.-Israel Joint Economic Development Group met on June 29 at the Department of State in Washington, DC. Department of State and Department of the Treasury representatives agreed with Israel's Ministry of Finance officials on the conditions that will govern the U.S. Government's decision to make available FY 2010 and FY 2011 tranches of U.S. loan guarantees for use by the Government of Israel, subject to statutory deductions. The delegations also discussed Israel's recent economic performance and reforms. Treasury Department Press Release
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