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<br />001459 <br /> <br />. <br /> <br />Banco Nacional de Comercio Exterior, S.N.C. (BANCOMEXn, and the Secretariat of <br />Hacienda and Public Credit (SHCP) will develop a specific list. of pilot projects including: <br />. franchising, retail distribution services, housing, and regional tourism development. <br /> <br />· NAFIN will establish a program to encourage the participation of Mexican companies in <br />qualifying U.S. franchise opportunities, to be financed by U.S. institutions, including OPIC. <br />U.S. and Mexican financing institutions will seek to expand Mexico's licensing arrangements <br />and retail distribution network through the exchange of public and private information. <br /> <br />. Exlm will expand its financial products to include a risk-sharing arrangement with NAFIN <br />and other Mexican fmancial institutions to share up to 50 percent of certain risks, and provide <br />local currency guaranties for loans to a large number of small- and medium-sized enterprises. <br /> <br />. <br /> <br />. The Partnership will identify ways of improving the efficacy and sustainability of small and <br />microenterprisefmance. activities (savings, credit and other financial services) in Mexico. <br />The U.S. Agency for International Development (USAID) and appropriate Mexican <br />. institutions, such as the Program of Microcredit of the Secretariat of the Economy and the <br />Popular Banking Program of BANSEFI, will cooperate to assist in the. expansion of <br />capitalization and technical support.to.the small and microenterprise finance sector, with the <br />objective of assuring financially self-sustaining institutions. Areas of cooperation will <br />include development. of procedures for small . and microenterprise fmance. regulation under <br />the new Popular Savings. and Credit Law, as well. as exploration of new methods to increase <br />capital, including use of remittances, portfolio guarantees, savings, and capital markets. <br /> <br />Farmers - An Important Component of Regional Economies <br /> <br />. The U.S. Department of Agriculture and the Mexican Agriculture Secretariat will encoUrage <br />public-private partnerships in areas fududing farm credit financing and extension of <br />technical advice and expertise. <br /> <br />. The U.S. Department of Agriculture and the Mexican Agriculture Secretariat will encourage <br />modernization of warehousing systems to . strengthen guarantee programs and make it <br />attractive for market investors to acquire certificates of deposit for commodities. This also <br />maybe done through the stock market with the objective of offering repurchase agreements, <br />on the one hand, or through infrastructure modernization, technical training and legal <br />framework development~ on .the other. <br /> <br />B. Sharing Best Practices and Technical Expertise <br /> <br />. <br /> <br />A second critical component of the Partnership's strategy is to expand access to information and <br />know-how. By creating neW opportunities to share ideas and best practices and broaden access <br />to public and private sector technical expertise, we hope to achieve a number of goals that <br />support our main objective: promoting widespread economic growth. For example, we seek to <br />help Mexican businesses - small-and medium-sized enterprises in particular- to identify new <br />opportunities that will lead to job. creation, and ultimately community development, in Mexico. <br />To meet these aims, the Partnership has devised new ways to facilitate the exchange of <br />information between U.S. and Mexicanbusiness leaders and government officials. <br /> <br />5 <br />