Another, no less important task is to obtain additional foreign currency income by the production enterprises and organizations of the Ministry of Finance. The formulation of such a task has become possible thanks to a new approach to foreign economic relations, in which a prerequisite for establishing cooperation is its mutual benefit.
Cooperation with developing countries on a compensatory basis is very promising for Minmorflot. This form of foreign economic relations has been used since the early 60s. Its development was facilitated by the balance of payments deficit and huge external debt of many developing countries, inflationary price increases, full or partial non-convertibility of their currencies and a number of other factors.
One of the varieties of this form of cooperation is compensation and freight operations (CFR), in which goods of the national foreign trade of the other party are provided in exchange for sea transport services of one party. This form is successfully used in settlements with countries such as India, Pakistan, Mexico, Brazil.
In today's new economic conditions, when self-supporting enterprises and associations of Minmorflot that have access to the foreign market can transfer to foreign trade organizations and make corresponding payments in foreign currency rubles for goods received at the expense of the CFR, new great opportunities open up for the organization of economic and technical, as well as scientific and technical cooperation with the use of a compensatory form of mutual settlements. The expenses of the scientific and design organizations of the Ministry of Marine Fleet for scientific and technical assistance can be compensated by the transportation of Soviet cargo by the vessels of the recipient country. Another option is also possible — the construction on the territory of the USSR at the expense of external loans secured by freight agreements, coastal facilities for servicing cargo transportation of developing countries. The costs associated with the construction are compensated by freight receipts from transportation by the Soviet merchant fleet.
One by one, ties are being built with new industrial countries, such as Mexico, India, Brazil, Singapore. In a different way — with less developed countries, whose sea transport is taking the first steps. But here, too, cooperation may well be active and very useful.
Minmorflot enterprises have the right to conclude mutually beneficial counter transactions (transactions on a compensatory basis), in which the Soviet side repairs ships or provides other transport and industrial services to ship-owning companies of these countries in exchange for the supply of necessary goods to the USSR.
In particular, consumer goods, the production of which is provided by the state order by the enterprises of Minmorflot. It seems that in certain cases it is more reasonable to import these or substitute goods, paying for the main products of our industry — transport services.
The new economic conditions open up great opportunities here, you just need to take the initiative.
As a result of such transactions, Minmorflot receives additional cargo for transportation and additional freight, which is accounted for as income from the transportation of GIF, and the partner actually pays for the transportation of consumer goods, since the freight is returned to the supplier company. Minmorflot enterprises experiencing difficulties in the release of consumer goods provided for by the state order may be interested in this form of mutual settlements.
Cooperation allows a developing state — importer of services to replace a certain share of the international exchange of the latter with its own economic activities, as well as to act in the markets of third countries jointly with socialist countries. people need to figure out where to buy fortnite hacks
Recent Comments