The global economy has extended the reach of U.S. economic interests to virtually every nation on earth. Through extensive involvement abroad, American business is successfully bringing desperately needed economic benefits to the developing world. Indeed, the positive effects of trade by U.S. companies often go far beyond creating jobs and raising living standards. U.S. commercial engagement overseas is an effective method for promoting democracy, human rights, and other values that can make a positive difference in the lives of millions. Because U.S. companies are often actively involved at many levels in the countries and communities they serve, the benefits are great -- and tangible. From better schools and health care to improved infrastructure and housing -- business is making a difference.
Over the next several weeks, USA*ENGAGE will provide individual company examples of the positive role of commercial engagement abroad.
Peru has benefited in a number of ways from the presence of Occidental Petroleum. An artesian well the company built in the village of New Jerusalem to provide clean drinking water to residents was one of many such projects. Along the Pastaza, Corrientes, and Tigre Rivers in Peru, Occidental Petroleum worked with local authorities in the construction of seven schools and the sinking of 10 freshwater wells for several villages.
Occidental Oil and Gas provides free medical treatment to nearly 700 non-employees per month at 10 health stations in Peru, and gives free helicopter transport to a hospital for those who need it.