United League of Nations Trade Conference (Closed to ULN)

by **Globexanter** » Mon Mar 21, 2011 3:28 am

Daniel Guy began to lean forward as the speech was made, after referring to this translator, he cleared his throat.

"Globexanter would easily approve to remove the tariff on imported and exported crops. I do not think however that the minerals you have mentioned should be added to this. Globexanter has a massive mineral industry as many Nations, some minerals are so cheap that the only way to make a profit to continue to hire people are by the tariffs. Removing the tariffs in this area would result in the loss of thousands of jobs and for any Nation like us; a drop in the economy of a visible number. Crops aid in the future life of Nations, gemstones sand and Oil do not." he said in a stern voice.

by **Sans Frontieres** » Mon Mar 21, 2011 3:54 am

Jacob paused for a moment and then he continued speaking,

"Gemstones does not, but Oil does. Countries like us, do not have a natural oil supply so we rely on countries like yours for oil. Maybe taking off the Tariffs wasn't such a good idea but how 'bout reducing it? Surely that is plausible right?"

by **Globexanter** » Mon Mar 21, 2011 4:01 am

Daniel looked back up after referring to a file.

"Globexanter's Oil takes a massive journey from most of it's colonies. The price we sell it at only gives us around 5 U.S.D. of profit per barrel after the transportation fee's. We have already dropped the price from around 80 U.S.D. a barrel to around 50 U.S.D. a barrel two weeks ago. That is a massive drop." he said.

by **Tehraan** » Mon Mar 21, 2011 4:19 am

Éntalreg took the word

Tehraan is currently in dire need of oil, we have lost a major income of oil due to a terrorist attack and our current economic drop has made oil a wanted commodity. Removing trade tarifs on the prices of oil would allow us to import oil a a lower cost and as a result solves most of our oil problems. We do however have a large amount of gold and other metals that we wish to export but we don't have any major trading partners for those.

by **Globexanter** » Mon Mar 21, 2011 4:20 am

Daniel Guy took the answer.

"We understand your reasons for this, but while doing so may aid one Nation, you do not think of how it may hurt another. There is always other ways around problems as such as you have mentioned, because in some cases the Oil with no tariffs may not help you therefore leaving you and the supplier in a state of economic downfall." he said.

by **Sans Frontieres** » Mon Mar 21, 2011 4:27 am

Jacob rack his brain for a solution,

"Hmm.. How 'bout a barter? That should be acceptable right? "

by **Tehraan** » Mon Mar 21, 2011 4:30 am

Éntalreg asked:

"Do you have a better solution to our problems, since you have a bigger oil resource than we do and our growing need for it is a issue that needs solving?

In addition would the Sans frontier representative elaborate on this barter he reverse to, we don't clearly understand what he means?"

by **Sans Frontieres** » Mon Mar 21, 2011 4:38 am

Jacob responded,

"Barter is a method of exchange by which goods or services are directly exchanged for other goods or services without using a medium of exchange, such as money correct? We can barter the oil for something that the United Kingdom of Globexanter may be interested. By doing so, money is no longer an issue. But, there is a catch to this. Both sides must agree on what they want for what they are offering. "

by **Globexanter** » Mon Mar 21, 2011 4:42 am

"I am still not sure if that would work itself, taking away the tariff will not help you in any major way but by a dollar or two. Well, what does Tehraan have as natural resources?" asked Daniel Guy.

by **Tehraani** » Mon Mar 21, 2011 4:58 am

"Primairly Iron and several other metals like copper, several oil sources not far away from the northern coast but not sufficient enough to supply our need. Non mineral resources that we produce include rice, grain and hemp products. We also have a colony which produces contains gold, quartz and amber."

by **Tehraan** » Mon Mar 21, 2011 4:59 am

Tehraani wrote:"Primairly Iron and several other metals like copper, several oil sources not far away from the northern coast but not sufficient enough to supply our need. Non mineral resources that we produce include rice, grain and hemp products. We also have a colony which produces contains gold, quartz and amber."

OCC: lol it switch to my colony :lol:

by **Globexanter** » Mon Mar 21, 2011 5:00 am

"May we ask why those oil reserves are however not being used, ignoring their size, to at least appease your needs of Oil? Your calculations of their size could be incorrect after all." said Daniel Guy.

by **Tehraan** » Mon Mar 21, 2011 5:06 am

"They are being used. However, they don't produce enough and second, the biggest one has been destroyed by an attack and is currently being rebuild. But even then we are still partially reliant on foreign imports for our oil needs."

by **Globexanter** » Mon Mar 21, 2011 8:58 am

"And how much do you currently pay for a barrel of oil?" asked Daniel Guy.

by **Tehraan** » Mon Mar 21, 2011 9:18 am

Éntalreg asked one of the executives and then answered.

"Around NS $74 per barrel on average per barrel of crude oil."

by **Globexanter** » Mon Mar 21, 2011 9:20 am

"Then it is obvious why your economy is struggling. There are a few big Oil only companies whom sell Oil at the price of 30 U.S.D. a Barrel. Globexanter is not the only available source of Oil, and I do not believe we should lose thousands of jobs for the sake of one Nation." said Daniel Guy.

by **Tehraan** » Mon Mar 21, 2011 9:29 am

"Well we will change our oil imports. But back to the intitial subject. Dropping the Tariff on food import and export. Do you think that is advisable?"

by **Globexanter** » Mon Mar 21, 2011 9:30 am

"We at Globexanter believe that dropping the tariff on those two matters would be beneficial for any Nation big or small. It would also aid in Foreign Aid to fellow U.L.N. Nations." said Daniel Guy after having the answer translated.

by **British Kuwait** » Mon Mar 21, 2011 9:34 am

Donald Phillips listened to the on-going conversation regarding barter, trade tariffs, and oil. He was rather amused at the tone of the discussion, resembling a bargaining situation at a pawn shop rather than a formal conference between delegations. British Kuwait possessed a fairly large oil reserve, largely un-used by the nation itself. Beginning in 1983 B.K began extensive research into alternative fuels of which included Solar energy, wind farming, nuclear energy, and ethanol production programs.

"If I may cut in, on behalf of the Indie Union of British Kuwait I am pleased to inform you all a policy of 25%-50% in trade tariff reductions will be implemented between B.K and fellow member states of the ULN. Nations with a greater dependence on foreign imports may also apply for a Free Trade Agreement with British Kuwait to reduce the burden of tariffs, regulations, and subsidies otherwise required for foreign trade." said Mr. Phillips.

by **Globexanter** » Mon Mar 21, 2011 9:35 am

"And which imports/exports do you refer to?" asked Daniel Guy.

by **British Kuwait** » Mon Mar 21, 2011 9:42 am

"Firstly the British Kuwaiti exports of agricultural goods, market products, oil, and metals such as gold, copper, as well as other minerals. A Free Trade Agreement would be ideal for a nation depending on foreign oil, as I've seen here." he said, facing Daniel Guy.

by **Globexanter** » Mon Mar 21, 2011 9:48 am

"Yes but it depends on how cheap the oil is sold at. If it is sold at a relatively low price, it does not need to be lowered any more. If it is at a high price, the tariff should be took away to decrease it." said Daniel Guy.

by **British Kuwait** » Mon Mar 21, 2011 10:03 am

Globexanter wrote:"Yes but it depends on how cheap the oil is sold at. If it is sold at a relatively low price, it does not need to be lowered any more. If it is at a high price, the tariff should be took away to decrease it." said Daniel Guy.

"British Kuwait currently exports oil at the price of $72.00/barrel. This is the purpose of a free trade agreement, to eliminate the additional financial strain of subsidies, tariffs, and trade regulations that add onto that price. Otherwise, it would be relatively difficult for some nations in the ULN to maintain an on-going oil trade with British Kuwait" said Mr. Phillips.

by **Globexanter** » Mon Mar 21, 2011 10:05 am

"In a case where you are it would be a good idea. However some Nations sell Oil even cheaper than us that the re movement of their tariffs would literally be selling the Oil for free." said Daniel Guy.

by **British Kuwait** » Mon Mar 21, 2011 10:16 am

Globexanter wrote:"In a case where you are it would be a good idea. However some Nations sell Oil even cheaper than us that the re movement of their tariffs would literally be selling the Oil for free." said Daniel Guy.

"That is why we're doing what we can to compensate for the generally higher selling rate of our oil. I do not wish for those trade tariffs other nations have placed for the survival of their own domestic industries to be removed, and am aware an alliance-wide free trade agreement cannot exist for that very reason.". He said.

United League of Nations Trade Conference (Closed to ULN)

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