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Chapter 1392: Chapter 1239 Imported Goods (Subscribe please!)
Before.
They had considered this issue too.
But.
Compared to regular highways.
These mineral transport routes have higher standards, naturally, costing more.
Profitable.
Thus.
Interests entice people.
Many were swayed by greed, seeking ways to secure a portion of the projects. They became bold when they saw that Myanmar Bank Group wasn’t intervening, and today, they ended up embarrassing themselves greatly.
"Mr. Kan Qin, I apologize for this matter. Rest assured, we will immediately address this issue to ensure your nation’s import of ore isn’t affected, although, it is a bit late for this year." Locke immediately apologized.
It has been a slow year.
Rush the progress?
It was truly difficult for them.
They could only hope.
That next year’s orders wouldn’t be lost.
Kan Qin said, "We sincerely want to help your country, and hope to minimize obstacles in our cooperation. Hence, for this third batch of Project loans, we will strictly examine the qualifications of the contractors."
"This year, I will visit at least ten African countries, recommending this model to them. As our first partner in this model, we highly value our cooperation with you and your country."
Kan Qin had understood Ling’s strategy.
The more he understood.
The more he admired it.
It was a mystery where Ling found the courage to play such a trade model in the cracks between the Great Powers, to a certain extent, even challenging the global Trade system and rules.
Because.
It established a massive ’domestic sales’ system.
As this system develops.
Its trade volume will surge drastically and might gradually become a new set of trade rules that could rival the World Trade Organization. Considering this ’ultimate goal’, Kan Qin was thrilled.
Regardless of success or failure.
They were making a grand attempt.
If successful.
It would be a triumph.
If failed.
It wouldn’t mean death.
Thus.
Why not take a gamble?
"You’re planning to promote this model?" Locke was taken aback when he heard this. It was like playing with fire. What right and what courage did Myanmar have to rush ahead before its wings were fully spread?
Kan Qin laughed, "In our cooperation with your country, we’ve seen the benefits of this model, not just for us but also for you. So, after careful consideration, we’re ready to assist more partners."
"Your products haven’t reached an oversupply state, right?" Locke didn’t understand.
"We should also look to the distance," said Kan Qin.
"Well... alright."
What more could Locke say?
Following this, he felt a sense of crisis because with the expansion of this model, Mozambique wouldn’t be the only beneficiary. Consequently, the level of attention would definitely decline.
It appears.
For the upcoming cooperation.
The initiative had been entirely seized by the other party.
If one didn’t play by the rules.
They had plenty of partners to choose from.
Every African country was suffering for a reason, mainly due to inadequate Infrastructure. If this trade model were promoted, it would undoubtedly become very popular.
As such.
Locke hardly had any bargaining chips left.
Next.
The loan negotiations went very smoothly.
Both sides signed the third round of authorization for a hundred billion Asia Dollars in Project loan amount, effective on the first of next month. Compared to before, there were clear regulations on the use of funds, which could only be applied towards Electricity and Transportation.
Honestly.
In Locke’s view.
This was clearly giving money to Huaxia’s companies.
In terms of cost.
In terms of efficiency.
Only Huaxia’s companies could meet both their own and Myanmar Bank Group’s criteria. Thinking of this, Locke even wondered if Myanmar and Huaxia had reached some secret agreement.
Forget it.
It wasn’t his concern after all.
Mozambique was just a small country.
Even if it knew.
It could only watch!
"Mr. Locke, in addition to authorizing a loan for your country, I have another purpose for coming, which is to expand the import scope of our Products, to increase the import of natural Resources such as seafood, Fruit, and timber."
"Sure, of course."
Upon hearing this.
Locke was overjoyed.
There was finally something else to sell.
Before.
They wanted to sell, but no one was buying; only Mozambique’s Minerals were of interest. Think about it, they too had a long coastline and a pleasant climate, with an abundance of fruit and timber Resources.
"Here is our import list and pricing. As long as it reaches the Wharf, and if it’s of the standard quality, we will purchase at the listed prices," said Kan Qin as he instructed his Secretary to distribute a list to everyone.
Not too many items.
Just about thirty-something.
But in large quantities.
The reason for import? Clearly, there is a shortage.
Now.
With numerous global patients arriving, the local Consumption was greatly stimulated but certain Products faced supply shortages. Hence, today’s list came about.
Seafood.
Timber. 𝘯𝑜𝘷𝘱𝘶𝘣.𝘤𝘰𝑚
Importing these from other places was expensive.
But importing here could save a lot of money and could also be directly offset with Project loans, meaning that there was almost no cost while also reducing Mozambique’s debts.
A great deal.
After looking at the list.
Locke was very pleased.
The price.
Was generous.
It was even a bit higher than the average market rates, very fair. This way, some loans could be repaid, and jobs created. What about the harm to the natural environment? Please, this is Africa.
Mozambique isn’t a Desert country.
Most of the country is Forested.
There is no shortage.
Thus.
In just one morning.
Both parties reached two significant agreements.
Everyone was pleased.
However.
When the news got out, there were still many who were displeased, namely the local Construction companies holding onto the Projects. Now, it’d be hard to get the final payment, and they might even have to hand over current Projects.
What to do?
Er...
They had to accept it.
What else could they do?
Fight with them? Nonsense; didn’t they hear it wasn’t just Mozambique but potentially more African countries joining? If they upset them and they withdrew funding altogether, it would be a mess - who would clean it up?
Till now.
In fact, they still didn’t fully understand why the other party was so good to Mozambique, giving loans time and again. Was it just for the Asia Dollar currency position? Or the meager Mozambique Banking industry? Or to consume their own Industrial Products?
It didn’t seem likely.
First.
What was the objective?
Second.
Mozambique’s Banking industry was just learning to crawl, hardly valuable.
Third.
Even if Myanmar needed consumption.
They felt it was unnecessary to come to Africa. Their Product quality already sold well in Asia. In Africa, if it weren’t through government channels, there was barely any market, and the volume was truly not significant.
Before.
The second batch of Commodity Loans.
They mainly bought Huaxia Products.
This was what confused them the most. Because they were puzzled, they were more afraid of them suddenly leaving; what could really keep the other party around? Mineral resources could be bought anywhere.
Fortunately.
There was still room for flexibility.
Subcontracting to Huaxia’s companies again.
Earning less was better than nothing.
