To: Sri Mulyani Indrawati
From: Andrew West (Ambassador to IEY)
1. Name of Nation/Organisation: The Rainbow Republic of Saint-Sebastian
2. Name of Representative: Andrew West
3. Form of Government (Nation): unitary democratic socialist republic - unicameral parliament
4. Form of Currency:Saint-Sebastian Dollar
5. Are you interested in a Free-Trade Agreement? No
6. If not, what form of economic trade are you interested in? I submit this application on behalf of the SSG to request broad negotiation on developing trade and investment between our two countries.
Preamble: Saint-Sebastian is a small and economically spartan (but not impoverished) nation with most economic activity and industrial infrastructure directed at producing forestry products, wool, seafood, grains, dairy products, livestock, orchid fruits, vegetables, bauxite, copper, zinc, mineral sands and gold. There is also a significant secondary sector based on food processing, textiles, metallurgy, timber and paper products and construction. With bountiful natural resources, access to cheap hydroelectricity, fresh water and unexploited offshore natural oil and gas reserves there is broad industrial potential in Saint-Sebastian.
The Saint-Sebastian government has undertaken a five year development plan to shift primary economic activity from the state (as a command economy) to independent or autonomous non-state enterprises (in line with democratic socialist principles). Private enterprise is legal and the government even provides capital for private enterprises. The government of Yohannes will also be aware that the SSG is looking to secure long-term investment and access to capital to accelerate economic development. The current priority of the SSG is to "broaden" and "deepen" our exports by increasing productivity, efficiency and value-adding to our exports.
The Government of Saint-Sebastian would like to open negotiations with your government on developing mutually beneficial and respectful economic relations with respect the the vastly different sizes of the two economies and their relative development.