Re: russian loan guarantees

Clayton,

My understanding of the difference between ExIm Bank and OPIC: ExIm
guarantees bank nad commercial transactions.
OPIC provides insurance for physical assets located in foreign countries,
owned by US investors. OPIC offers protection
against political risk. ExIm guarantee, I think, covers commercial risk. Brad
Blesie would know
what exactly the difference is.

Vince

Clayton Vernon@ENRON
01/06/2000 01:46 PM
To: Vasant Shanbhogue/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: russian loan guarantees

Vasant-

Here is a CNN story on the Russian story I was alluding to. (Note the use of
Ex-Im loan guarantees as project insurance.)

Clayton