Kundrati

[Dredd]

[Pravda, Kaesama,  March 5648]

President Jozef Otčenáš announces huge trade deal with 3 nations ahead of elections

Having promised a huge trade and diplomatic offensive, the president has announced the confirmation of 3 major trade deals with Selucia, Istalia, and Davostag. He made public the terms of each agreement which are listed below;


Davostager Agreement
1: Kundrati will produce military equipment for export to Davostag at no cost equal to the investments made to repair and construct the prior facilities in Kundrati capable of manufacturing them, including industrial district Lirnak.
2: Kundrati will export 100 tonnes of enriched Uranium per year to davostag (enough to power 4 nuclear power plants for a year)
3: Lantfonden will export 250,000 tonnes of foodstuffs per year to Kundrati, Riksbyggnads will export 100,000 tonnes of asphalt & concrete per year, and have free transit of davostagers who wish to work temporary jobs as managerial oversight in infrastructure works. VGAB will export 50,000 tonnes of reinforced steel and iron per year.
4: Kundrati and Davostager merchants are free to trade at will between both powers without achieving majority shares in either country.

Istalian Agreement
1: Kundrati will export 100 tonnes of enriched uranium per year to Istalia (enough to power 4 nuclear power plants for a year)
2: Kundrati will import electronics, 8000 tonnes of Titanium, and a varied amount industrial machinery/vehicles per year.
3: Kundrati will begin a joint reconstruction effort to make additional ports alongside the existing Jildrath naval dockyard to allow greater trade volume through the southern coast, costs split 50/50 and employed with Kundrati workers, Istalia will receive a degressive tarrif scheme which will be implemented starting at 3% tariff, which will once an agreed import value is reached be reduced to 0%
4: Kundrati and Istalia may invest in one and other without either being able to hold majority shares in eachothers firms

Selucian Agreement
1: Kundrati will produce naval equipment and weapons systems for export to Selucia at no cost equal to the investments made to repair and construct the damaged Jildrath naval dockyards used for naval warship construction, after which further purchases will be at standard rates
2: Kundrati will import 300,000 tonnes of Foodstuffs, 40,000 tonnes of cane sugar, 300 tonnes of gold and silver, with varied amounts of electronics and coffee yearly
3: Kundrati and Selucian merchants are free to trade at will between both powers without achieving majority shares in either country.

This massive trade deal is projected to make billions in revenues and bring hundreds of thousands of jobs to the unemployed in the country, and finally relieve the resource shortages much needed for reconstruction efforts. The agreement will ensure the repairs of all the previously destroyed naval and military production facilities as well, which has garnered support from Ironcrest Technologies who expressed their eagerness to begin researching and developing modern solutions to warfare. The president claimed he had even more trade deals in the works and expects to achieve them within 6 months