Resource Tycoon Reborn

Chapter 1103 Dilemma (seeking a monthly ticket)

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Altorov, who had just returned to Kiev and had just fallen asleep, was woken up by the sound of a phone call. The assistant to Finance Minister Shbarasky informed him concisely that a car would pick him up in five minutes and go to the Ministry of Finance Building. Shbarasky

The minister had something urgent to discuss with him. Altorov only had time to put on his clothes and wipe his face before the Ministry of Finance's car arrived at the door.

And when the confused Altorov came to the door of the Ministry of Finance building, he discovered that half of the windows in the building were brightly lit. When he walked into the small conference room of the Minister of Finance, he couldn't help but wonder.

Astonished.

There were already five or six people sitting in the small conference room. In addition to the two ministers and deputy ministers of the Ministry of Finance, including Shibarasky, Yarmolenko was also among them. The rest of the people, Altorov naturally

I also know that one is the deputy governor of the Central Bank of Ukraine, Unya Anastasia, and the other two should be the person in charge of the foreign trade department of Ukraine. One is named Yair Robert Devich.

The other one is named Bloks Aliyev.

Artorov greeted everyone one by one, sat down with Yarmolenko, and said in a low voice: "Andrei, what's going on?" Although he is a star member of the parliament, he has served in many countries.

Although they serve on the committee, there seems to be no direct connection with the Ministry of Finance, the Central Bank and the Foreign Trade Department. What happened when Shibaraski summoned these people in the middle of the night?

Yarmolenko also had a bit of confusion in his eyes. Like Altorov, he was inexplicably lifted out of the beauty's arms by a phone call. Then a car from the Ministry of Finance came and took him here.

.Although he arrived a few minutes earlier than Artorov, he was still confused. He didn’t know what kind of medicine Shibaraski was selling in this gourd.

Shibalaski looked at his watch, clapped his hands, attracted the attention of everyone present, and then said: "Everyone, I'm sorry to disturb your rest. But due to some urgent matters,

We must make a decision as soon as possible. So I have to invite you all here, and we can discuss a countermeasure together. Well, tonight, Mr. Paramo, the general director of the CIS region of the Second Gulf Bank, from

Moscow flew to Kiev and told me a very bad news. Due to the actions of the Milevsky family and the Seleznov family, the soybean purchase contract signed by our country and Mr. Fang has been deemed as a breach of contract. According to our country

As a result of the loan contract signed by the government and the Second Gulf Bank, the Second Gulf Bank has the right to require our government to repay all loans in advance." As soon as this statement came out, everyone present could not help but change their colors. Aalto

Luo Fu and Yarmolenko couldn't help but look at each other, and they thought in unison, could this be Fang Mingyuan's back-up plan? Otherwise, how could the Second Gulf Bank respond so quickly?

"Your Excellency, Minister, how much does our government borrow from the Second Gulf Bank? How much does it account for in our total foreign debt?" Devic immediately asked.

"We have to repay US$530 million with interest, accounting for 4.24% of my country's total foreign debt!" Deputy Finance Minister Tishishenmo replied, "Although it does not account for much of the total. , but among the foreign debts of our government, there are too many short- and medium-term debts, and 57% of them are loans from commercial banks. The loans of the Second Gulf Bank account for nearly one-tenth of all commercial bank loans. It is one of the major commercial banks with the largest number of government loans in our country. We are very worried that if the news that Gulf Second Bank requires early repayment spreads, it will cause worry and uneasiness in other commercial banks. If other commercial banks If the bank requires our government to repay the loan in advance because of this, the consequences will be disastrous."

The faces of everyone here are a little pale. What Tishchenmo said is true, and this is also the tragedy of the Ukrainian government. Since the Ukrainian economy has not had an obvious upward trend since its independence, it has been declining. And the Ukrainian government

Taxes and fees cannot be increased at will. This has made the financial situation of the Ukrainian government worse and worse. It has to rely on debt to maintain the normal operation of the government. As time goes by, Ukraine's foreign debt is increasing and has exceeded

Tens of billions of dollars. The poor economic prospects of Ukraine also mean that when the Ukrainian government borrows foreign debt, it does not receive many long-term low-interest loans from international organizations and European and American governments. In order to fill the loopholes, the Ukrainian government has to borrow from commercial banks in various countries.

Commercial bank loans not only have high interest rates and small amounts, but also take into account the risk issues and do not last long. This is why Gulf Second Bank’s loan of US$500 million ranks among the top. Moreover, Gulf Second Bank’s loans are still

It is a rare long-term loan and the interest rate is lower than other commercial banks!

Once the Second Gulf Bank withdraws the loan in advance, it will inevitably affect the confidence of other commercial banks in the Ukrainian government's timely repayment of loans. In the past few years, when the Southeast Asian financial crisis spread to the CIS, many banks, including Russia,

Countries in the CIS have all delayed loan repayments, and that time caused many banks to suffer. Therefore, it is conceivable that for the sake of safety, some banks will adopt the same approach as the Second Gulf Bank and request Ukraine in advance.

The government repays the loan.

What’s even more troublesome is that this matter puts the Ukrainian government in a dilemma. Although the Second Gulf Bank requires early repayment of the loan, it is not that Ukraine’s solvency has changed, it is just because of the soybean purchase contract.

Some changes have occurred, and this was stipulated in the original loan contract. However, the Ukrainian government has no way to announce this news openly. Everyone is not a fool. People with a discerning eye can understand at a glance. This must be because of the international soybean market.

Prices have soared this year, and Ukrainians have become greedy, so they demand modifications to the established contracts.

Although this kind of thing is not uncommon in the international business community and happens in endlessly every year, Ukraine's economic revitalization is now weak and foreign capital is urgently needed to revitalize the economy. At this time, the exposure of such a scandal will undoubtedly make people

Foreign capital, which was already dissatisfied with Ukraine's investment environment, has become even more suspicious of Ukraine, making the Ukrainian government's work of attracting foreign investment even more difficult.

"But it would also be a good thing if we can get the soybean sales back to ourselves if we pay the right price." Aliyev said, "As far as I know, when the contract was originally signed, the purchase price of the other party was only US$250.

per ton, and now in the international market, the selling price of soybeans per ton has reached 287 US dollars, and it can be said that it is only a matter of time before it exceeds 290 US dollars. Moreover, everyone generally believes that the international price of soybeans

Prices will continue to rise in the coming days. By next year, when northern hemisphere soybeans are on the market, the price of soybeans is likely to exceed US$330! And from this alone, our company will earn more every year

Hundreds of millions of dollars!”

"The hundreds of millions of dollars will only be available when our country's soybeans are re-listed. If this problem cannot be solved, we will now have to spend US$510 million to repay the Second Gulf Bank! We also need to be prepared to deal with it.

More commercial banks are asking for early repayment of loans!" Tishishenmo said angrily. What's wrong with companies earning hundreds of millions of dollars more? That means they can earn an extra billion dollars. The biggest profits are also made by companies. The Ukrainian government levied taxes from them.

, and it is not enough to make up for the huge debt crisis caused by it. If a financial crisis breaks out in Ukraine, the foreign trade department will not be affected much. Those people in the Ministry of Finance will undoubtedly be in bad luck!

Shbaraski turned his eyes to Artorov and Yarmolenko and said: "Congressman Artorov, Congressman Yarmolenko, what do you think of this matter?"

Altorov already understood seven or eight points in his mind at this time. Shibaraski called him here today just to understand Fang Mingyuan's attitude on this matter and see if there was any room for change. He had been thinking about it for the past two days.

Accompanying Fang Mingyuan, he was the one who brokered the signing of this contract. Among the people here, he has the closest relationship with Fang Mingyuan.

"Mr. Fang is very angry about this matter and has decided to either resell the contract to companies in Europe and the United States, or let the Milevsky family and Seleznov family redeem the contract themselves. In my opinion, I want

It is unlikely that Mr. Fang will change his mind and continue to perform this contract." As soon as Altorov opened his mouth, he poured a bucket of ice water on Shibaraski and others, which made his heart feel cold for the first time.

"However, I personally feel that, as Deputy Minister Tishchenmo and Director Aliyev just said, the termination of this contract has both advantages and disadvantages for our country. But at present, the disadvantages far outweigh the advantages.

.But in terms of our government's solvency, there has been no substantial change. And to be precise, after the contract was terminated, our government's solvency has increased instead of falling." Artorov's words shocked everyone present.

A few of the people nodded slightly.

"The reason why the Second Gulf Bank proposed to repay the loan in advance is not so much because they are worried about the solvency of our government in the future, but because our behavior made the boss of the Second Gulf Bank very dissatisfied. Mr. Fang said

The Middle East has a good relationship with many royal families. The two princes of the Second Gulf Bank have a very good personal relationship with Mr. Fang. If we can appease Mr. Fang and Mr. Fang will not be angry, maybe things will happen.

There is still room for maneuver," Altorov said.

"How to appease? Although the Milevsky family and the Seleznov family are rich, they are required to pay 400 million US dollars in liquidated damages at once..." Devicz shook his head and did not continue.

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