Re: Kalistani Republic
Posted: Mon Nov 26, 2018 6:03 pm
President Reiley calls for renewed Emphasis on Kalistani Exports
Hints at possible Indralan Summit
Kaliburg, Ananto
February 17, 4491
President Reiley-Carrangus calls for revitalization of Kalistani Economy
"The Kalistani economy has been stagnant for long enough," began President of the Republic Raymond Reiley-Carrangus, as he opened the Kaliburg National Conference on the Dual Economy last month. Initiated by the Socialist Party, conference attendees came from across the various sectors in Kalistan, both public and private, to discuss ways to jumpstart Kalistan's flagging economic conditions. "A lot of this has to do with instability in the National Government. We have just reformed the Prerogative to take this into account, and are looking at what can be done with our neighbors to encourage investment, while protecting Kalistan's vital national interest from the fact of the business cycle."
To this end, the President announced an initiative to work with important consumer electronics manufacturer KalMD and their subsidiary KalMM, as well as other heavy industry players, to see which segments could possibly be more open to foreign investment. "We have some word that there is some interest in both investment and cooperation from Indrala. If we were able to come up with a comprehensive agreement with Indrala, that would form a strong link in the Anantonese Ocean. Kalistan has long thought that Indrala should be a natural partner on a number of levels, and recently, the effort to open to Indrala ended rather dramatically when the Indralan representative lobbied for their nation's interests from the floor of our Assembly. But we are willing to give it another shot: We believe that trade between Kalistan and Indrala could yield potential benefits that we haven't seen since the years immediately following the Recession."
The President also stressed the need to boost the export Market. "Kalistan has always been a net-exporter. We import for the sake of variety, rather than because we need to. But in order to remain prosperous, we do need to export. So diversification and specialization, two competing factors of export driven markets, must be balanced: If Kalistan is going to sell its goods to the world, it should look to what it can produce most efficiently, and compare that to the things our trading partners want. The goal is to build the economy, but not on the back of National Industries. We should also work with the Private Sector, and foreign countries who are interested in profiting from a very lucrative market, but who are not interested in extending imperialist control over our country. An "all of the above" strategy in developing new export ties and expanding existing ones should be pursued."
To accomplish this, the Finance Minister is expected to put out new taxation and spending bills for consideration in the Assembly, which prioritize economic development for the purpose of export, military modernization, and protection of basic social services. The President has not announced any date, nor confirmed any agreement for any Indralan visit: He reiterated that point at the conference.