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