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U.S. Department of State

 U.S. Department of State
 Bureau of Economic and Business Affairs

International Finance and Development

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The Bureau of Economic and Business Affairs' International Finance and Development unit (EB/IFD ) promotes U.S. economic development through global economic stability.

  • 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;

  • 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; and by

  • Fostering global economic stability and growth by recommending to the Secretary of State sound macroeconomic policies to be incorporated into our broader foreign policy approaches; 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.
EB/IFD is comprised of three offices:

Office of Development Finance (IFD/ODF): has a lead role in the Department for matters concerning international development assistance, the multilateral development banks, and official trade financing.

Office of Investment Affairs (IFD/OIA): is responsible for developing and carrying out, in cooperation with other agencies, U.S. policy on international investment matters.

Office of Monetary Affairs (IFD/OMA): is the Department's voice on global financial and macroeconomic issues, and leads U.S. debt negotiations at the Paris Club.

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