Thus, for example, a U.S. branch of a foreign bank can participate in a syndicated loan to a European firm, even if the loan is offered only as part of a package of services that would otherwise run afoul of the anti-tying law.
It is still worth noting, however, that our small country cannot continue to afford the level of foreign exchange leakage (call it capital flight, if you like) that we have been financing in the past few years. Small countries like ours are not expected to be the source of net capital outflows (non-trade related) on a sustainable basis. 14.