31-10-2024, 07:38 PM
The Mordusian Herald | Humperdinck Media |
Mordusia and Gaduridos sign lucrative trade deal
Oil, cooperation and friendship between Seleyan countries
April 5562
Randworth - The Ministry of Trade & Industry just announced to the Federal Parliament today that it signed within the given mandate to the Ministry a lucrative deal with Gaduridos. According to the ministry the Mordusian economy can rejoice with increased imports of affordable oil, aid with the construction of the Trans-Seleyan Railway and investments in the general economy.
For the past few days Gerald DeWitt, minister for Trade & Industry has held talks with his delegation in Gaduridos for the finalization of an important trade deal between Mordusia and Gaduridos. With the growth and recovery of the Mordusian economy the demand for natural resources, especially those needed for energy production are growing as well. According to the Commonwealth Bank and the Orca International Economic Report it was the biggest risk for the future growth and stability of the Mordusian economy. Today the government announced they cleared that risk by signing the lucrative deal with Gaduridos.
Gaduridos will gain the rights to sell a minimum of 60% of the oil needs of the Mordusian economy, these sales will be done by two companies, Hexlon Imperial Oil and M-Petrol. The two oil companies will be given a monopoly on the oil trade in Mordusia with supervision and regulations of the state, whilst they have to share and sell the oil within the nation for affordable prices to gass stations, of which M-Petrol and Hexlon Imperial Oil control 80%. Through this the energy needed for the Mordusian economy is secured. In its own Gaduridos gains generous access to the Mordusian market, for instance its agricultural products and semiconductors as well as media entertainment. If Gadurii companies will make use of this is something the future will tell.
The nation of Gaduridos have also shown themselves to be very generous. They are the second nation after Dorvik to supply Mordusia with aid to construct its Trans-Seleyan Railnetwork across its nation. The Ministry of Infrastructure has stated that their aid is considered generous and very much welcome. The aid will speed up the construction by at least two years according to the ministry.
What is benefitial to Mordusia however is that it opens yet another market for the growing Mordusian economy to sell its products. This trade deal marks the fourth, behind the deals with Vakuku, Luthori and Lodamun. According to the ministry the government will focus next on Kanjor and other Seleyan nations, possibly even Lourenne. The government has been trying to enter Mordusia on the world stage again and increase the standard of living within the nation.