Chapter 1239 Cobalt Ore (Please Subscribe!)

since taking office.

Waite did his best.

finally.

Make this stall a little better than before.

The Wanqing Iron and Steel Plant has started to produce, reducing the import demand for foreign steel. In the future, as the two major Chinese state-owned enterprises are put into operation one after another, the import demand for refined oil and chemical products will soon be slowed down again.

Thus.

You can save a lot of foreign exchange.

at this time.

He has already experienced exactly how industry can change a country. If nothing else, just changing a country's debt structure can make a country glow with different vitality.

Fortunately.

God bless them.

Let the opportunity fall to them.

To Tang Qing.

He is grateful.

I am even thinking, when will I 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.

. . .

Soon.

The car arrived at the Presidential Palace.

After welcome.

The two sides started talks.

in conversation.

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

Done.

Waite.

Together with the others, they all stared at Kan Qin.

Kan Qin smiled calmly, and said without saying, this feeling is very good, "Mr. Waite, we can consider this, but it is based on certain reciprocity conditions."

"That's for sure, you say." Waite nodded.

Subsequently.

Kankin 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."

"Second, issue your country's banking license to my country's Myanmar-Asia Bank, allowing it to carry out non-personal banking business in the Democratic Republic of the Congo for settlement of trade in goods and projects between us."

Pattern surface of Mozambique.

in Africa.

Or do not start personal banking as well.

otherwise.

The bad debt rate can give people a headache, and it is difficult to eliminate, because you are not a domestic bank, and you do not have such a strong influence and deterrence, so that others have to repay.

more importantly.

People aren't necessarily willing to lend you money.

then.

This time.

Changed strategy.

I only participate in the large-scale project loans and bulk commodity trade settlements in your country. As for personal loans, let's forget it.

Wait for the right time in the future.

Consider opening up personal banking.

Waite finished.

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

Not to mention.

They are settled in Asian dollars.

For DRC.

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

"In this way, it seems that there is no obstacle to our cooperation." Kan Qin smiled, and then added: "However, since it is the first time to cooperate, we can't let our old partners feel uncomfortable, right?"

"This..."

Waite's heart skipped a beat.

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

"Therefore, for the first cooperation, the amount we can give to your country is only 15 billion Asian dollars. If everyone cooperates well 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.

when he wanted to.

It must be at least 20 billion, but looking at Kan Qin's firm eyes, and considering Mozambique's reaction, there should be no room for bargaining, yes, one hundred and fifty is one hundred and fifty.

"Row."

Wett head.

"Thank you for your understanding!" Kan Qin smiled.

"Understood long live, this loan, do you have any restrictions in your country?"

Waite continued to ask.

"Five billion Asian dollars in commodity loans, 10 billion Asian dollars in project loans, commodity loans, you need to set up an import and export trading company in your country, or you can decide to assign it to a company in your country."

“As for project loans, the principle of rational use must be followed, and it cannot be arbitrarily wasted or used for other purposes, and more than 30% of non-Asian dollar settlement projects cannot be purchased.”

"Okay, then repay..." Waite asked carefully.

"Like Mozambique, your country can use minerals for debt deduction. However, in terms of mineral types, we have requirements that your country must mainly use cobalt ore for debt deduction." Kanqin said.

Cobalt ore.

People don't get in touch.

However, in the "electricity-driven society" proposed by Zero, cobalt is an indispensable existence in lithium batteries. In the foreseeable future, with the mass popularization 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.

It holds nearly half of the world's cobalt reserves.

nature.

spotted by them.

"Very good, you have helped us a lot." Waite said happily.

to be frank.

He was also depressed.

DRC.

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

and.

Infrastructure across Europe and the United States has 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.

Not much for sale nearby.

Far.

Transportation is a big problem, and the developing countries in the world need a lot of minerals, only the mysterious Huaxia, but they also mainly import ores from major world mining giants.

This time.

Can use mine.

Really makes Waite happy.

The next negotiation.

It became more and more harmonious. Both parties achieved their goals. One got the money and the other completed the task. Finally, like Mozambique, Kanqin also promoted 'medical aid'.

this.

In fact, it is an important "stepping stone" for this trip.

This will open up the relationship here and make future cooperation smoother. In this way, the outside world will not be left with the impression of 'plundering', but in the name of 'helping'.

for this aid.

Waite is certainly 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 all clamor for loans for medical treatment, how can they have so much money to give to the Myanmar Medical Group.

You can't owe a huge amount of debt for this, can you?

return?

What will you get then?

Why Mozambique agreed so readily, Waite estimated. . . It's the brain that's a little off. Now, people can only be allowed to come to open the hospital first, and the rest will be discussed later.