U.S. Government Delegation joined by Special Advisor to the President, Richard Grenell, to visit Kosovo

Gazeta Express

20/09/2020 18:24

A U.S. government delegation led by U.S. International Development Finance Corporation (DFC) Chief Executive Officer Adam Boehler will travel to Kosovo, Serbia, Greece and Israel from September 20 through September 25 to advance economic cooperation and development.

Boehler will be joined by Special Advisor to the President on Serbia-Kosovo Ambassador Richard Grenell; Deputy Administrator for the U.S. Agency for International Development (USAID) Bonnie Glick; President and Chairman of the Export-Import Bank of the United States (EXIM) Kimberly Reed; and other senior government officials from the U.S. Departments of Energy and Commerce. The delegation will hold meetings with senior government officials and private sector leaders, according to a statement of the US Embassy in Kosovo.

The delegation’s trip comes on the heels of the historic Abraham Accords between Israel, the U.A.E., and Bahrain and the economic normalization agreement between Serbia and Kosovo. “DFC, America’s development bank, facilitates private sector investment and offers a principled financing alternative to authoritarian regimes. DFC works closely with USAID, EXIM, and other government agencies to promote development and advance U.S. foreign policy through its financing tools,” according to the statement. The delegation will advance strategic investments that support diversity of supplies and reinforce energy independence in Greece and the wider region.

DFC will lay the groundwork for opening an office in Belgrade to facilitate implementation of projects that will support economic growth in the region. DFC and EXIM recently signed Letters of Interest (LOIs) with Serbia and Kosovo to help finance the important projects identified in the September 4 agreements. The delegation will also assess opportunities to expand investment in the region to enhance stability and economic cooperation in the Middle East.

U.S. International Development Finance Corporation (DFC) is America’s development bank. DFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest across sectors including energy, healthcare, critical infrastructure, and technology projects. DFC also provides financing for small businesses and women entrepreneurs in order to create jobs in emerging markets. DFC investments adhere to high standards and respect the environment, human rights, and worker rights. /GazetaExpress/