Economy & Trade in Denebolian Republic
- Currency: Denebolian Credit
- Goods: Wood, Stone, Gold, Diamond, Sand, Fuel, Energy, Technology
- Denebolian National Bank, national reserves stored in "Vault 34"
Denebolian trade and civilian companies are most common trade points in three nations. Most of the companies exists for very long time due to strong basics.
Denebolian trade supremacy depends on number of trade companies, low taxes, historical influence of state.
"Young Trade Directive" (Directive DHS-0222/21). This directive is an act of good will for our allies. We are aware of our trade supremacy and we are also supporting an foreign trade companies. This directive restricts attitude of homeland companies to foreign companies and orders them to help foreign companies to the extent that foreign company is fully self-sustainable, but not a threat to denebolian companies.
Denebolian repubic recently increased the size of domestic infrastructure a agriculture. This desicion leads Denebolian Ministry of Finance & Commerce to issue an "Trade expansion directive" (Directive DHS-0622/07). New directive gives private companies more space for building new trade centers and factories. After transport technology revolution, some of land used for roads have been sold to private companies for further use in trade. Private companies which owns this trade points allows other market companies to set a new stores in these trade spots.
Trade taxes:
Trade companies which operates on Denebolian grounds must pay taxes, which are for domestic companies and foreign companies included in Young Trade Directive 15% of cost of the goods. For foreign companies which are not included in Young Trade Directive are taxes set for 21%.
Taxes for regular citizens are not high. It's only 10% of their total yearly income, which has to be transfered to state. But for foreign citizens which have changed their citizenship to Denebolian it's slightly increased to 13%.
Inport:
Denebolian republic is trading with High Kingdoms of Arnor for some basic natural resources, because of it is cheaper in the end for us. It is better to buy wood and minerals which are mined in Arnor rather than build new factories and new heavy industry to supply ever growing population of Denebolian republic.
Also we are trading with medicaments. Denebolian health control has approved several drugs from Arnor which are famous for it's big success in healing and keeping good health of our citizens.
Denebolian scientists and construction planners are very curious about Arnorian enhanced metals. We already have aquired some of these metals from Arnor and we have began to test it in controlled enviroment.
Export:
Denebolian republic exports to other countries technology, food, knowledge and some rare materials which are created from imported goods. Technology we export includes medical technology, transport technology, communication technologies and many more. Of course, technology sharing is taken very seriously in Denebolian republic and Ministry of Financy & Commerce must approve all export first.
Due to Trade expansion directive we have plenty of food, which is also exported to other nations. But mostly this food is exported in form of international trade companies, which builds stores across countries and sell their goods there.
Next and currently most common goods we export to other countries are connected with space travel and spacecraft construction which contributes 25% of total Denebolian republic income. We export engine units, shield generators and in some occasions weapon systems. (These exports must be approved by Ministry of Financy & Commerce and Denebolian president himself)
Bank:
Denebolian National Bank is direct descendant of Star City National Bank. It's oldest bank across three nations and only bank currently present in Denebolian republic. DNB is currently trying to expand it's sphere of influence to other countries, what helps Denebolian economy and even foreign economy because of taxes bank has to pay there. DNB has it's vaults all across Denebolian republic, but vault which holds denebolian national reserves is called Vault 34. Location of Vault 34 is classified, but rumors say it is hidden somewhere in Triskelion.
DNB also holds global account of Denebolian Accord. Which was newly created after Arnorian crysis, which lead DA leaders to strike Arnor with sanctions. These sanctions will be transfered to DA accoount and money stored there will be used for international purposes.