Burgoignesc North Levantine Trading Company: Difference between revisions

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==Special Outer-Nysdra Exclusionary Trade Agreement==

In [[2030]], [[Seneca_Islands#Special_Outer-Nysdra_Exclusionary_Trade_Agreement|Special Outer-Nysdra Exclusionary Trade Agreement]] was signed with [[Urcea]] and approved by the [[Nysdra Sea Treaty Association]] (NSTA) relating to trade between the [[Seneca Islands]] and [[Iles Evangeline]]. The agreement authorizes [[Burgundie]], through the [[Iles Evangeline]], to import an unlimited number of goods into the [[Seneca Islands]], which is normally subject to the trade restrictions established by [[Nysdra Sea Treaty Association|NSTA]]. The agreement established the BNLTC as an intermediary firm based in the [[Seneca Islands]] that would handle importing of goods for further sale into the [[Nysdra Sea Treaty Association|NSTA]] exclusion zone. The amount of goods imported in the exclusion zone through the [[Seneca Islands|Senecas]] is subject to an annual valuation cap (AVC) determined by formula under the terms of the agreement. The AVC is equal to 1/50th of the total annual value of goods imported to the [[Nysdra]] every year by [[Urcea]], further modified every year by an index number which calculates the cumulative domestic growth of manufacturing of [[Nysdra Sea Treaty Association|NSTA]] participants. This formula is intended to allow for [[Economy of Burgundie|Burgoignesc commerce]] to flow into the region while ensuring domestic economic capability is not damaged by the trade. Within the [[Nysdra]], the agreement is intended to increase consumer variety, drive down the costs of goods (to a limited degree), and to further drive the development of domestic competitors.