Kalistani Major History

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Kalistani Economy shifts into 5th Gear"Political stability" credited by President
Kaliburg, Ananto
February 10, 4492


Kalistan-Keymonese joint venture "Paradise Bay Resort" is one of many new ventures begun as political stability sets in

President of the Republic Raymond Reiley-Carrangus's new Administration is underway, and the Kalistani economy is booming.  Kalistan has recent diplomatic and economic successes which President Reiley attributes to a new era of political stability. "We are proud of our fully functioning multi-Party system, which is a dramatic shift from the clamped down era of Single Party rule, and the chaotic mess of the 4480s.  The 90s are dawning and promise to be a decade of new beginnings in Kalistan."

Within the last year, the Government has announced openings with the Kingdom of Kazulia, and now a major casino construction project with Keymon is underway.  Kalistani investor Jorge DelGrosso has concluded talks with Keymonese investors Ananstos to begin the construction of the Paradise Bay Resort, in Gendaris, Odufaray.  The property overlooks the Ananto Straits, and when completed, will include a new airport expansion, horse track, full service casino, 3000 room four-star hotel, convention center, and auditorium.  Construction of the casino and resort is expected to be completed by late 4493, and the casino will be expected to open on for the New Year celebration in 4494.  The total cost of the project is expected to come in at just under 875 million KRB, with Anastos covering just over 425 million KRB and DelGrosso's Nova Holdings supplying about 445 million KRB.

Diplomatically, Kalistan received the Prime Minister of Kazulia, who visited earlier this month.  Representatives of the two rival governments talked peace and prosperity, aiming at improving relations.  Foreign Minister Moses Allen said of the meeting, "We welcomed the visit from Skalm after decades of outright hostility and antagonism.  Kalistan quite clearly shares mutual interests with Kazulia, especially with regard to local and hemispheric stability.  This first step is a very welcomed development, as Kalistan sits at the crucial crossroads of Terra:  nearly half of the world's shipping passes within 500 nautical Miles of Ananto.  Both north-south traffic and traffic from those vectors crosses water that Kalistan has traditionally claimed as sovereign territory.  While we have no intention of disrupting these important sea routes, it is an excellent development that the main Northern Dovani power is finally recognizing our legitimate desire to protect our vital national industries and our sovereignty from external threats.  Ideally, we would like to see a complete demilitarization of the Ananto Straits that is recognized by all nations, but working with Kazulia on this matter is a major step in that direction."

Foreign Minister Allen also discussed convergence on labor rights between the two nations, as well as opportunities for free trade and economic cooperation.  "We talked about technology transfers and working with Kazulia to expand their manufacturing base.  KalNaFerCo looks to expand north and open a new foundry, which would greatly expand steel production in Northern Dovani and put the company in an excellent position to begin to influence markets in Keris.  In addition, Kalistani Motors looks to begin producing automobiles in Kazulia to increase sales in both Dovani and Keris.  In exchange, Kazulia also discussed with us the possibility of bringing next generation semiconductor production into the Republic, which would allow us to expand our already established consumer electronics base into personal computers, as well as other, possibly wearable technology.  Any deals along these lines would make KMD one of the world's foremost producers of consumer electronics and greatly boost Kalistan's economy."  The Minister was quick to add that the exchange was designed to be as mutually beneficial to both nations as possible, and the Free Trade agreement will be an important first step.

Finally, President Reiley welcomed developments in Lodamun which would allow construction to finally be completed that connects the transportation infrastructures of the two neighbors.  Kalistan and Lodamun had long been connected by secondary roads, air and sea only, due to an ancient unresolved disagreement over the terms of the Northern Seleyan Train Company, but have since closely cooperated on security issues, even being joined by Lodamun in the Ananto Strait Conflict.  The President of the Republic has requested that the Finance Minister propose a spending bill which allows for the final linkup of both road and rail over the Jah River at Addisjah.  A road and rail link between Addisjah/Port Swedes and Lodamese port city Newport would increase commerce between the two nations dramatically, as well as lead to new potential for economic integration in North Seleya.

The President intends to make a statement on the death of the Lourennaise Monarch, King Herbert, as well as the Kanjor expropriation later this week.