Rebirth of the Super Banking System

Since taking office.

Waite is also doing his best.

at last.

Make this stall a little better than before.

The Wanqing Iron and Steel Plant began to produce output, reducing the import demand for foreign steel. In the future, as the two major Chinese state-owned enterprises successively put into production, it will soon be able to slow down the import demand for refined oil and chemical products again.

Thus.

Can save a lot of foreign exchange.

at this time.

He has definitely experienced the changes that industry has made to a country. Let alone changing the debt structure of a country, it can give a country a different vitality.

Fortunately.

God takes care of them.

Let the opportunity fall to them.

To Tang Qing.

He is grateful.

I even thought about when I would have the opportunity to give people a badge or something. Although people’s personal wealth is thinking about the top ten sprints in the world, it’s icing on the cake.

. . .

It didn't take long.

The car arrived at the Presidential Palace.

After welcome.

The two sides began to talk.

In conversation.

Waite said: "Mr. Kanqin, compared with Mozambique, we have a larger market space and greater determination to change the status quo. Therefore, we hope that your country can support us with more loans."

Finished.

Waite.

Together with the others, they are all staring at Kanqin.

Kanqin smiled calmly, and said nothing, this feeling is really good, "Mr. Waite, we can consider this, but this is based on a certain reciprocal condition."

"That's for sure, you said." Wei Feng headed.

Subsequently.

Ken explained.

"In order to facilitate our trade exchanges and currency settlement, we have two basic conditions. First, your country recognizes the Asian dollar as your country's foreign exchange reserve currency and maintains a reserve of at least one billion Asian dollars."

"Secondly, to issue your country's banking license to my country's Bank of Myanmar, allowing it to conduct non-personal banking business in the Democratic Republic of Congo for the settlement of our bilateral trade in commodities and projects.

Pattern surface of Mozambique.

in Africa.

It is better not to conduct personal banking business.

otherwise.

The bad debt rate can cause headaches, and it is difficult to eliminate, because you are not a domestic bank, and you do not have such a strong influence and deterrence to make others have to repay.

more importantly.

People may not be willing to borrow your money.

then.

This time.

Changed the strategy.

I only participate in the settlement of large-scale project loans and bulk commodity trade in your country. As for personal loans, let's forget it. Let's not mess with that sorrow, first grasp the part that can be mastered.

Wait for the right time in the future.

You can then consider opening up personal banking.

Waite finished listening.

He nodded hurriedly, "These two conditions are not a problem." On the Mozambique side, they have also investigated clearly, knowing that they are all in this pattern, and they are not bullying anyone.

Not to mention.

They settled in Asian dollars.

For the Democratic Republic of Congo.

Of course, the closer the better, otherwise, every time you settle the payment, you have to go to Burma. Isn't this looking for something for yourself? The status of the reserve currency is a matter of one sentence.

"In this way, our cooperation seems to be nothing hindered." Kan Qin laughed, and then said: "However, because it is the first time to cooperate, we can't let our old partners feel sorry for it, right."

"This..."

Waite's heart jumped.

Kan Qin said: "Currently, our loan amount to Mozambique is 15 billion Asian dollars per year, including goods and project loans. The 10 billion that we gave in the first two days is not included in this amount."

"Therefore, for the first cooperation, the quota we can give to your country is only 15 billion Asian dollars. If you cooperate happily in the first year, I can guarantee that next year, at least 30 billion Asian dollars."

15 billion.

this number.

Waite was actually a little disappointed.

Before he wants to come.

At least it has to be up to 20 billion, but if you look at Kanqin's firm eyes, and you have to consider Mozambique's response, there should be no bargaining room, so, one hundred and five is one hundred and five.

"Row."

Wei features the head.

"Thank you for understanding!" Kan Qin smiled.

"Understand Long live, are there any restrictions on this loan in your country?"

Waite continued to ask.

"5 billion Asian dollar commodity loans, 10 billion Asian dollar project loans, and commodity loans require that your country also establish an import and export trading company, or you decide to allocate it to a company in your country."

"And project loans must follow the principle of reasonable use, and cannot be wasted or misappropriated for other purposes at will, and cannot purchase more than 30% of non-Asian dollar settlement projects."

"Okay, then pay back..." Waite asked carefully.

"Like Mozambique, your country can use minerals for debt deduction. However, in terms of the types of minerals, we have a requirement that your country must mainly use cobalt mines for debt deduction." Kanqin said.

Cobalt ore.

Most people don't touch it.

However, in the ‘electricity-driven society’ proposed by Zero, cobalt is an indispensable existence in lithium batteries. For the foreseeable future, with the widespread use of mobile phones and electric vehicles, the demand can only be imagined.

then.

The demand for this ore is included in the strategic plan.

And Congo.

Owns nearly half of the world's cobalt reserves.

natural.

I was attracted by them.

"Great, you guys helped us a lot." Waite said happily.

to be honest.

His heart is also depressed.

Congo gold.

There are many minerals, but the outlet to the sea is in the west, and Brazil is opposite to the west. This country with so many minerals, whether it is Europe or the Americas, hardly buy any mines from them.

and.

The infrastructure in Europe and the United States has almost been slow for decades.

Decades.

Not much infrastructure and houses have been repaired.

This is also the most helpless place in African countries.

There are mines.

Can't sell much nearby.

Far.

Transportation is a big problem. Moreover, the developing countries of the world need a lot of minerals, and only the mysterious China, but they also mainly import ore from the world's mining giants.

This time.

Can be used to buy mine.

It really made Waite happy.

The next discussion.

It became more and more harmonious. Both sides achieved their goals. One got the money and the other completed the task. In the end, like Mozambique, Kanchen also promoted ‘medical assistance’.

This one.

In fact, it is an important stepping stone for this trip~www.wuxiaspot.com~ to open up the relationship here and make future cooperation smoother. This way, it will not leave the impression of “predatory” to the outside world. It is in the name of'help'.

For this assistance.

Of course Waite is very supportive.

but.

There is still a problem with the medical loan to the country. There is no way. There are too many people. If they are all clamoring for loans for treatment, how can they have so much money to give the Myanmar Asian Pharmaceutical Group.

You can't owe great debts for this, right?

also?

What will you get back then?

Why did Mozambique promise so readily, Waite estimated. . . It's because the brain is a bit awkward. Now, I can only allow people to come to open a hospital first, and the rest will be discussed later.