Majatran Economic Association (MEA)

[XanderOne]

Bruno Moschardini, Minister of Finance of the Istalian Empire

The Istalian Government supports the world by the Hon. Aedile Belshazzar. Istalia is ready to support the Pharmaceutical Proposal presented by the Hon. Minister al-Jabbar and I would like express that Istalia too doesn't share the Deltarian position about 3M. Istalia believes in freedom of enterprise and doesn't see a problem if multinational corporation like 3M operates into our country.

Thank you.

[Drax]

Finance Minister Mgdalena al-Jabbar, Jumhuriat al-Badara

Since it looks like sufficient number of us are in favor of a Majatran pharmaceutical wholesaler in some form, we will put forward a summary with issues for decision shortly.

[Drax]

Finance Minister Magdalena al-Jabbar, jumhuriat al-Badara:

Here follows some decision areas which if decided would facilitate launching a Majatran drug wholesaler:

Majatran Economic Association (MEA) Pharmaceutical Proposal
It seems to Jumhuriat al-Badara that there are 7 areas where decisions must be made in order to launch a Majatran pharmaceutical wholesaler. At the outset let me say Jumhuriat al-Badara will support any decision made on these areas.

First, there is ownership. One idea which is the More Medicaments Manufacturing (3M) model is nations’ have shares in the organization. We propose instead that the MEA itself own the organization as an international corporation and that the MEA members name the board of directors. It would not be a non profit but rather shares of stock would be sold in stock markets.

Second, there will definitely be start up costs. Jumhuriat al-Badara intends to put up funds as previously indicated. If others want to put up funds but need them to be treated as loans, this can be handled as preferred stock. Do we want donations only or loans from MEA members as well.

Third, where will we physically locate this operation? Clearly it needs to be in one of our most stable members. The original proposal was Romula and that seems reasonable to Jjumhuriat al-Badara.

Fourth, what is the structure to be used. The 3M model is ownership of manufacturer, distributor and retailer. We propose rather it be the wholesaler connecting drug manufacturers, Ministries of Health, drug distribution businesses, drug store chains and pharmacies arranging distribution with the mails, air freight and sea transport as necessary. In all probability pricing would initially have to be purchase and sale but ideally eventually could simply be handling.

Fifth, we need a name. We suggest Majatran Pharmaceutical Network (MPN).

Sixth, who will actually arrange for management. This was Deltaria’s idea. Badara fleshed out the proposal. Istalia is where operation is physically located. Seleucia has successful experience with a huge project, the Gene and Seed Vault. Think any of us could arrange for proper management.

Seventh, what of arrangements if any with 3M. Think one thing we could do is treat it as one of many possible suppliers from which the wholesaler could purchase. In wake of the recent questions of its stability which seem from recent reporting to have been resolved, we would probably want waivers on any patent violations in which we might engage should it commence defaults again. Liquidated damages might be desirable also. We do realize there is opposition to any deal with 3M so believe we should proceed without them knowing that some states may wish to quite properly make separate arrangements with 3M.

Should we agree on these seven believe we can launch. It would then be incumbent on us to try and reach other members and encourage participation and reach other Majatran nations to have them join as well.

Quite frankly, we think we should expect a proposal from 3M. That is their way. We can certainly listen knowing they have some very valuable product divisions, very valuable patents, very valuable intellectual property and very valuable distribution accounts. Not like they do not have anything we want.

Do think we can reach decisions on these areas and can launch an operation that will benefit Majatra.

[Drax]

Finance Minister Magdalena al-Jabbar, Jumhuriat al-Badara:

It does appear 3M is operating again.

We believe the pharmaceutical wholesaler could have been a big help to Majatra and a safeguard against a future downturn leaving people stranded needing prescription drugs.

Pretty much assuming it will not be adopted. Certainly prepared to work on it if our estimation is incorrect.

Not much purpose adopting it in Badara alone. Should any other nation want to look at setting up something similar outside the MEA our lines of communication are open.

[jamescfm]

Ms. Valentína Šafáriková, Finance Minister of the Deltarian Federation:

The Deltarian Federation would be happy to support the Badaran proposal and would suggest that they be empowered to take the lead on this matter.

[Drax]

Finance Minister Karim al-Sabah, Jumhuriat al-Badara

We can certainly implement the plan if that is wish of MEA.

[Drax]

Karim al-Sabah, Finance Minister, Jumhuriat al-Badara

Really think it is time to set up the Majatran Pharmaceutical Network or not. We favor doing it and are prepared to answer questions here or through our ministry.

[jamescfm]

Ms. Valentína Šafáriková, Finance Minister of the Deltarian Federation:

As previously mentioned Deltaria stands ready to support the project and we are willing to discuss the matter with other partner governments in order to deliver the necessary support for the project.

[Polites]

Aedile of Finance Astarte Belshazzar, Senate and People of Selucia:

Selucia also endorses the proposal and we are willing to work with other governments in bringing it to fruition.

[Drax]

Finance Minister Karim al-Sabah, Jumhuriat al-Badara

We have informed all members of the MEA and governments in Majatra of the opportunity to participate.

Three of us are apparently willing to proceed. We think that is enough to set it up and recruit participation. Should we have a formal vote.