OPIC supports that linkage and enables the American private sector to play a role in furthering these objectives which we share with most Americans. In this regard, OPIC is as much a component of American foreign policy toward the developing world as are American Embassies, Aid Missions, or USIS programs. Conclusion Madame Chairman, there is no doubt that OPIC opens doors in Africa for new American exports and creates jobs for Americans, now and in the future. There is also no doubt that OPIC allows American companies to compete more equitably with their foreign competitors as they seek to win a share of the new and growing African markets, which will yield even more benefits to American workers. However, the message I hope I conveyed is that OPIC is also a critical lever in our foreign policy toolbox.
Many African governments understand that change is essential.
But change is also dangerous and the end result far from certain. The United States Government has limited resources, but the American private sector is anxious to work with African governments and build opportunities for future growth and stability. Through OPIC, American businesses can move more quickly and efficiently to reinforce critical U.S. foreign policy objectives, proving to African reformers and their critics the benefits of more open political and economic systems. The members of the Corporate Council believe that Africa has the strong potential for a positive future. Africans themselves are increasingly taking their fate into their own hands as they turn to free markets and competition to lead them to prosperity.