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nonewname1

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nonewname1

Re: dabullishbear post# 18465

Sunday, 07/31/2016 9:28:05 AM

Sunday, July 31, 2016 9:28:05 AM

Post# of 30926
Wow google has failed me, haha, thanks for this.

Two pending deals illustrate the importance of Ex-Im in US foreign policy. Cardinal Resources, based in Pittsburgh, Pennsylvania, manufactures solar-powered systems that produce clean drinking water, almost exclusively for customers in developing and even conflict-ridden countries. Cardinal’s pending deal in Cameroon was in Ex-Im’s funding pipeline when the charter lapsed. Only nine days after the lapse, Cardinal’s customer in Cameroon was approached by French and Chinese competitors backed by their own ECAs. Cardinal’s president Kevin Jones was also approached by Chinese financiers looking to move the manufacturing base—and the associated jobs—to China
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