Deltaria

[Rogue]

During his visit to the Egelian city of Altea our Emperor and his Egelian counterpart, King Romulo I, have signed the "Comprehensive Agreement on Deltarian-Egelian Trade" or CADET, marking a new era in economic cooperation between the two states. Emperor Slavko made a adress at the Altea conference before meeting with King Romulo privately together with senior government officials. The deal had been in the making for nearly a year but was kept a secret until just before the ceremony. Deltaria, always a powerhouse in industry, has struggled with finding the resources to fuel that industry for centuries. Previous governments attempted to secure these by conquest, but our Emperor has decided on the path of cooperation, signing CADET with full confidence. 

In the agreement Deltaria will purchase rare earth materials and raw iron from Egelion at a discounted price, in exchange for Deltaria opening up its financial market to Egelian banks and financial institutions. A special tax scheme has been put in place to allow for Egelian banks and financial institutions to enter the market under favourable conditions, allowing them to gain a foothold on the Majatran continent. The deal is seen as a way for Deltaria to secure the essential resources it needs to fuel its growing industrial economy, while granting Egelion access to new financial markets. The treaty also underlines the desire for "continued friendship and cooperation" between the two states, improving diplomatic relations. 

The two monarchs held a press conference in the royal gardens of the Villamor Palace in which both exchanged pleasantries and acknowledged the major accomplishment. Emperor Slavko called the Egelian king "an example for all" with the way he has led his country, underlining the importance of good governance to stable international partnerships. The deal is seen as a major boost for Deltarian diplomacy and economic prospects, with certain resources now secured for Deltarian industry to use, allowing breathing room for industries often plagued by shortages.