Chapter 2139 - 1961: Basic Benefits
Chapter 2139: Chapter 1961: Basic Benefits
Viewing platform.
Sitting all the guests from various countries, they are not just here for a stroll, not a single idle person, they wouldn’t casually do something that has no benefits.
The main purpose is only one.
—Trade.
Commodities.
Projects.
The two major loans will generate a huge volume of trade, the circulation of various raw materials and industrial products is enormous, naturally hoping their domestic companies can get a share.
Otherwise.
They can only watch idly.
This system is quite closed, initially, everyone didn’t pay much attention, but as Ling crazily threw money outwards, everyone had to start paying attention.
Even developed countries.
UK, France, Germany.
As the three giants of Europe.
Represent not only their countries but also the European Union, if they don’t attend, not a single benefit, they might be criticized by enterprises within the EU later.
Thus.
Eagerly agreed to come and observe.
Join?
No.
This mutual aid nature, as the assisted country, it’s obviously impossible, but if it were as the relief provider, Congress wouldn’t pass, nor would the people agree.
Therefore.
The developed countries came mainly to get some experience points, to let the European and American companies see, they are striving for their interests, rather than doing nothing.
As for the United States, it has the ’arrogant’ capital.
Among them.
Sun Jiang sat in the front row, whispering with a man beside him.
“It’s not easy.”
Looking at Ling, the man sighed lightly.
“Yes.”
Sun Jiang nodded in agreement.
This remark.
Refers not only to Ling but also to Myanmar, turned around after years of poverty, even began helping other countries, the journey was definitely not easy.
Internally.
Externally.
The situation Ling faces is extremely severe. Sun Jiang knew best, after all, during these years, when Ling first took power, all he had was the Myanmar Economic Zone as a foothold.
Later.
With almost thunderous means, stabilized the internal situation, in a very short time, won over the most crucial force—the military, to his side.
One must know.
Ling had no foundation within.
Such actions.
If in other countries.
It might lead to intense power struggles with waves surging, maybe even entangle himself, yet Ling miraculously achieved control.
Lang Cai’s old forces, most turned sides.
Opposition?
This portion of people, all tasted the cost.
It can be said.
Sun Jiang witnessed Ling’s rise and Myanmar’s development from start to finish, at this pace, in ten years, it would be a developed country.
Moreover, it would leap from being an agricultural country.
“It’s also Huaxia’s fortune.”
The man added.
“Indeed.”
Sun Jiang nodded.
At least.
In these years, Huaxia benefited greatly, not just financially, in all aspects there were significant positive changes, environment, agriculture, medical…
…
Afterwards, the visitors left, leaving only the signatories of the World Harmony Organization, it just got established, naturally, a plenary summit of all member leaders needed to be held.
In the hall.
Eyes gathered on Ling’s face.
“Everyone.”
“Today, we…”
A meeting.
Lasted close to two hours, afterwards, everyone came out with smiles, not to mention other things, fifty billion Asia Dollars of interest-free loans were secured.
Secondly.
Was to clarify the basic guarantees for member countries.
Each year there is a minimum guaranteed loan amount, from thirty billion to a hundred billion Asia Dollars, based on a calculation method everyone agreed upon.
Want more.
Possible.
Have to meet certain conditions.
First.
Also the most basic, an assessment of previous loan usage, you can’t use it improperly and still want to keep taking loans from Mian.
This part.
Mainly concerns the free portion, previous commodity loans and project loans had many restrictions, but upon becoming a member country, some funds could be freely used.
Buy whatever you want.
Just not a lot.
Second.
Is the financial condition.
Deficits are allowed.
But not huge deficits, what’s scrutinized are non-Myanmar loans, otherwise, you borrow money here to resolve urgent needs, then go borrow crazily elsewhere.
Such operations.
Are clearly not allowed.
Moreover.
Although it is mutual assistance, you can’t earn ten bucks and insist on spending a hundred bucks, carrying it on long term would only lead to a debt quagmire.
Hence.
Fiscal income is a crucial indicator representing repayment ability.
The more you earn.
The higher the limit.
Third.
Cooperation among members, since it’s mutual assistance, it’s not just Myanmar’s affair, also among member countries, trade issues can’t be created lightly.
Fourth.
Fifth.
…
Alright.
Very long.
But this is also the basic operation of such organizations, even a company might have dizzying rules, yet countries don’t find it long.
On the contrary.
Find it quite short.
Only a dozen articles in total, actually most are useless, under normal circumstances, as long as things are done properly, they won’t be violated, just like national laws.
That word count.
Terrifying.
But as long as ordinary folks don’t cause trouble, laws, no matter how thick, won’t matter much. Do what needs to be done, just avoid bad intentions, besides, there are hardly any bad intentions.
Otherwise.
Being restricted on loans would be embarrassing.
…
Externally.
Just after the basic benefits for member countries were announced, there was a burst of excitement.
“Fifty billion? Per country?”
“That’s a lot.”
“Yes, over twenty countries, that’s close to fifteen hundred billion Asia Dollars, and interest-free, I don’t even know what to say, this really is throwing money around.”
“So generous.”
“And that minimum guarantee, starting at thirty billion, that’s another thousand plus billion, still the basic annual expenditure, truly unprecedented.”
“Indeed, one of a kind.”
“Ling got carried away.”
“But got carried away well, this is the generosity, made money yet still help other countries, from a personal perspective, Ling did a great deed.”
“Yes, yes”
“…”
Full of praise.
Myanmar.
Africa.
Asia.
Europe.
…
In the situation where troublemakers didn’t succeed, all was praise, this type of large-scale assistance to developing countries is rare.
Poverty.
Backwardness.
Famine.
By the 20th century, still not fully resolved, a significant portion of people live below ultra-low standards, everyone knows.
Taking money out of one’s own pocket to aid others, people might be unwilling, but for others taking money to aid, assist, many praise such behavior.
At the same time.
Media in these countries was also making efforts, massively promoting Myanmar’s generosity, eternal friendship, giving their people a glimpse of hope.
Nobody wants to be poor.
Nor to be backward.
Yet.
There’s just no money in the pocket!
Education.
Medical.
Sanitation.
Economy.
…..
A series of problems.
Leading to a vicious cycle, although it might not fully improve their lives, at least there is hope, especially if the infrastructure is improved, then there is development.
Electricity.
Hydropower.
Transportation.
Communication.
With these established, they are the direct beneficiaries, even if not, there is still relief food, investments will bring a lot of jobs, advantages are many.
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