Sec. 3. Purposes of Bosnia and Herzegovina-American Enterprise Fund
140 words·~1 min read·
/bill/114/s/2307/is/section-3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The purposes of the Bosnia and Herzegovina-American Enterprise Fund are— to promote the private sector in Bosnia and Herzegovina, while considering the development impact of investments and profitability of those investments, particularly in small and medium-sized enterprises, and joint ventures with participants from the United States and Bosnia and Herzegovina; to promote policies and practices conducive to strengthening the private sector in Bosnia and Herzegovina through measures including loans, microloans, equity investments, insurance, guarantees, grants, feasibility studies, technical assistance, training for businesses receiving investment capital, and other measures; to promote good corporate governance and transparency in Bosnia and Herzegovina, foster competition, catalyze productivity improvements in existing businesses, and strengthen local capital markets; and to promote security through job creation in the private sector in Bosnia and Herzegovina and to further the creation of a middle class in Bosnia and Herzegovina.