Yet still there is no commitment as was claimed.
Directly from EXIM,
A project finance letter of interest from EXIM represents only a preliminary step in the formal EXIM application process, and the Letter of Interest states that the communication "does not represent a financing commitment" and "is not an explicit indication of the financial or commercial viability of a transaction."
Key words to pay attention to directly from EXIM,
“does NOT represent a financing COMMITMENT “
“is NOT an explicit indication of the financial commercial viability of a transaction”
EXIM having and holding money means absolutely nothing other than they have/hold money, it does not mean any of it is committed to Nioturd.
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