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Peru-China
Topic Started: Nov 23 2008, 03:04 AM (84 Views)
Peru
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Super Power
[ *  *  *  *  *  * ]
OOC: From now on, I skip the annoying meeting requests

The Peruvian Representative stepped into the Chinese president's office. "Hello, thank you for accepting my meeting request. As you know, Peru has been pushing for FTA talks with China and he has finally gotten enough support to start. So, I wish to discuss the possibility of signing a FTA. However, one condition that both the opposition party and the incumbent party agree on is a FTA agreement in everything but textiles, which will have trade barriers lowered slowly over 10 years so as not to affect Peru in employment."

OOC: Yay for copy-paste
Edited by Peru, Nov 23 2008, 03:07 AM.
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Peoples Republic of China
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Hyper Power
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" We support this if the textile time is lowered to 5 years".
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Peru
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Super Power
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"We shall bargain at 7. Textile owners and lawmakers where adamant that it be 10, and we shall face minor riots, but for this FTA, we shall take the minor riots."
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Peoples Republic of China
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Hyper Power
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" 6.5 years."
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Peru
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Super Power
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"Alright, although 6 months will hardly kill anybody."

OOC: Since (I think) I have permission from Denmark to use his FTA(not sure if it carries over from the last time I asked, but I'll assume), I'll go fetch that and use it.
Edited by Peru, Nov 23 2008, 03:34 AM.
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Peru
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SINO-PERUVIAN FREE TRADE AGREEMENT
This treaty effects the signatories of this agreement; Peru and China, who will from here on be known as 'the signatories'. They, by signing this agreement agree to implement the articles within the boundaries of their territory.

Signatories agree to:

* Strengthen the special bonds of friendship and cooperation among their nations; Contribute to the harmonious development and expansion of world trade and provide a catalyst to broader international cooperation;
* Create an expanded and secure market for the goods and services produced in their territories;
* Reduce distortions to trade;
* Establish clear and mutually advantageous rules governing their trade;
* Ensure a predictable commercial framework for business planning and investment;
* Enhance the competitiveness of their firms in global markets;
* Foster creativity and innovation, and promote trade in goods and services that are the subject of intellectual property rights;
* Create new employment opportunities and improve working conditions and living standards in their respective territories;
* Undertake each of the preceding in a manner consistent with environmental protection and conservation;
* Preserve their flexibility to safeguard the public welfare;
* Promote sustainable development;
* Strengthen the development and enforcement of environmental laws and regulations;
* Protect, enhance and enforce basic workers' rights;
* Eliminate barriers to trade in, and facilitate the cross border movement of, goods and services between the territories of the Parties;
* Promote conditions of fair competition in the free trade area;
* Increase substantially investment opportunities in their territories;
* Provide adequate and effective protection and enforcement of intellectual property rights in each Party's territory;
* Create effective procedures for the implementation and application of this Agreement, and for its joint administration and the resolution of disputes;
* Lower restrictions on textile trade over 6.5 years
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Peru
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Signed, Alan Garcia
President of Peru
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Peru
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SSIC: "We shall lower the time to 1 year if the Chinese government can provide a 900 million USD loan."
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Peoples Republic of China
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Hyper Power
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OOC Choose the simplified one we actually did.

"We are willing to give you the loan at 13.5 percent interest."
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Peru
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"We ask for a 11% interest rate, if it is possible. It will give Chinese business new places to invest large amounts of money once the growth begins in the tourist season."
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Peoples Republic of China
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Hyper Power
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"12.25 percent."
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Peru
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Super Power
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"Agreed then."

OOC: Go ahead and sign
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Peoples Republic of China
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Hyper Power
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OOC I said please copy the treaty me and denmark actually signed.
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Peru
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OOC: That isn't an actual FTA though, only a symbolic trade agreement meant to increase trade, not to lower barriers.
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Peru
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Super Power
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OOC: Bump, still needs a signature from the PRC.
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Peoples Republic of China
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Hyper Power
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OOC The treaty really hurts me. change it to the one me and denmark signed.
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Peru
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OOC: Do you KNOW you signed something like this IRL? Denmark's isn't a true FTA.
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Denmark
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Smily Herder
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OOC: I think what China's saying is that he doesn't want a FTA.
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Peru
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OOC: Does that even make sense? It's not like anybody really loses anything, and stands a whole lot to gain.
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Peoples Republic of China
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Hyper Power
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Signed
Hu Jintao
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