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COFIDES can back, with its own resources, direct investment projects involving Spanish interest undertaken in any developing or emerging country, regardless of its per capita income and membership or otherwise in the Organization for Economic Cooperation and Development (OECD).
Projects applying for COFIDES backing are expected to be aimed at countries where the economic, political, administrative and legal climate favours foreign investment. Consequently, the ability to conduct the international transactions indispensable to normal business activity, and specifically the repatriation of the sums invested in the project, must be assured.