Luthori

[Ligbruderkrieg]

Both the Luthorian and Kundratijian governments have announced that, after months of negotiations, that they had reached a common agreement on the restoration of bilateral cross-sea relations. This process, in the making ever since Emperor Richard II's state visit in late 5687 turned up succesfully for both sides, finding an agreement that answered to both governments' needs and expectations.

Following Emperor Richard II's state visit in mid-October 5687, where the Luthorian monarch met with Kundrati president Kubitchek and other high-ranking Kundrati authorities, the decision has been made to formally engage in a process of restoration of bilateral relations, a process which was kickstarted by the purchase of 4 acre of land in the western suburbs of Kasaema. 

This purchase is aimed at creating a new building which will act as the Luthorian Ambassador's residence after his appointment as such. According to the aforementioned agreement, the Holy Luthori Empire and the Kundrati Union have agreed to appoint a new ambassador to act as their main diplomatic representation in both countries "as soon as possible".

The Luthorian government, as such, announced the appointment of former Prime Minister Howe as the first Ambassador of the Holy Luthorian Empire to the Kundrati Union, the move, encouraged by the bipartisan appeal of the former head of government gives more credibility to the Luthorian wish to restore relations as they were before the fascist takeover of government in Kundrati.

The former Prime Minister's office accepted to give Mr. Howe's remarks on his nomination as Ambassador, stating that he "wows to act in good faith and represent Luthorians in Kundrati with the best of his abilities", expressing his "joy" at seeing the process of normalisation going, in his words "smoothly".

The Prime Minister's Office stated that the nomination of Mr. Howe as Ambassador of Luthori to Kundrati was a "symbol of peace and a gesture to express the full committment of the Luthorian state to the restoration of credible and rational relations with Kundrati."

Other than the appointment of a new Ambassador, restoring political relations between the two nations, the negotiations also entered the delicate subject of the restoration of economic relations. Once upon a time, Luthori and Kundrati were exchanging goods in such a manner that they could be considered as reliable and major trade partners. This era is no more. Kundrati's economy and industry drastically scaled back in comparaison to other worldwide powers.

This caused the trade and economic discussion to be mostly one-sided, as it was, according to diplomats present during negociations, mostly the Luthorians making propositions and the Kundrati delegation either rejecting or accepting them.

The final economic agreement involved the creation of an investment program, managed by the Government of Luthori through the Foreign Office's Foreign Investment Bank, which will allow Luthorian companies to invest either directly or indirectly with Kundrati. Another term was the subsuquent creation of a loan program to the Government of Kundrati to allow for an influx of capital, allowing it to continue investments into its economy.

Finally, the final term, requested by the Luthorians was the trade of gold and silicon towards Luthori, in exchange, the Luthorians, through two microchips corporations, Invergn and MicroLTD pledged for direct investments in Kundrati and expertise sharing with Kundratijians.

Expectations are that trade between both nations is to be restored shortly, as Luthorian corporations are eyeing a fragile market, with high demand and little competition against them, allowing them to exports greater quantities of products to Kundrati. Adding to this, investors are relieved by the restoration of relations between Kasaema and Fort William, as it means that the western side of the Artanian Sea will remain peaceful for the years to come.