International News
References: Dankuk, Kundrati
Solidifying relations with Dankuk
November 5293 - With the newly introduced diplomatic and trade agreement with Dankuk representing the Shlomo Administration's final act
Also published on The Terran Times and distributed internationally
- Istalian Chamber of Deputies debates cutting ties with Rildanor
- Nation preparing to head to the ballot: 4 parties, how will our government look like
Yishelem, Beiteynu - The stabilising effect of the recently founded Republic of Dankuk has had a calming effect on investors from the continents of Majatra, Artania, Keris and Seleya, providing the necessary stability and assurances for the flourishing commercial and industrial sectors in Dankuk to increase their trade with the Beiteynuese market, as the International Trade Association reports that Beiteynuese-Dankukian trade will exceed 15B LOD in annual net by 5300, fuelled in large by the government's efforts on the NEP and a plethora of public and private investments alike.
Albeit the rocky start in the relations - with the Agency scandals and the collapse of the regime - both Beiteynuese and Kundrati companies from the private sector seem to have moved past the hindrances, first investing 4B LOD in Dankuk's agriculture, forestry and fishing in 5284 and then agreeing on initiating a long-term investment plan in various Dankukian commercial and industrial sectors, including the modernisation and expansion of some of Dankuk's shipyards, with a 20.7B LOD growth package starting in 5300 and lasting all the way to 5350. As trade between the 2 nations continues to rise, with Dankuk's export in agricultural and timber products and consumer goods and Beiteynu's export of its business, shipping and travel services, both governments continued to increase their relations in the hopes of establishing a long-term friendship, seeing as how the private industry had seemingly taken a life of its own, with the MOIT and the Department of Digital Transformation & Governance also expressing interest in investing in the public sector of Dankuk towards its digital modernisation, to help boost commerce and the daily life of the Dankukian citizenry, as Dankuk prepares to enjoy the perks of an exponential increase in net exports through Beiteynu's trade network.
The new Diplomatic & Trade Agreement hopes to achieve just that: solidify these renewed relations and provide a platform with visas, educational and cultural partnerships, as well as trade quotas for both markets. The Head of the Medinat Department expressed his optimistic perspective, as the Dankukian assembly begins the ratification process. "The roller coaster of relations seems to finally settle into a solid friendship", he stated.