Badara

[Drax]

LUTHORI AND BADARA REACH TRADE AGREEMENTS
 
MANARA  ALBRAYD SRIA AL-MUSAMI
(If it’s in the Monsoon, it’s got to be true)
 
Foreign Ministry, July 15, 5710:  After the Majatra – Artania Treaty Organization  (MATO) was joined by Jumhuriat al-Badara, the Luthorian Government contacted our Foreign Ministry to look into possible mutually beneficial trade arrangements.
 
The Foreign Ministry today announced that after extensive discussions between Dr. George Tweet, the Luthorian Energy Secretary, Dr. Henry Schnee, Luthorian Foreign Secretary and Foreign Minister Hakim al-Sabah, two trade agreements have been agreed upon.
 
The first concerns sale of light crude oil to the Government of Luthori or its designees by Jumhuriat al-Badara’s wholly owned government corporation, Majatran Export Import Authority (MEIA).  The oil itself will come from Petroleum Development of Badara, a government corporation, Qat Oil Services or another privately owned oil supplier.
 
There is an agreed upon floor and ceiling for the amount to be purchased with the price per barrel being the market price upon delivery less a settled upon discount.  This will provide Jumhuriat al-Badara with a guarantee of a reliable customer and a guarantee to Luthori of crude oil until such time as renewable resources might  replace the need for fossil fuel.
 
The second agreement concerns a similar arrangement whereby the Jumhuriat al-Badara’s MEIA will purchase an amount within an agreed upon floor and ceiling  of aluminum derived from bauxite mining from the Government of Luthori or its designee. 
 
The price will be market price upon delivery less an agreed upon small discount.  Luthori will thereby have a reliable customer and Badara will have a reliable supply of aluminum.
 
The Monsoon notes that this is an indication Jumhuriat al-Badra is serious about trading outside Majatra to which it had been largely confined since coming out of isolation.