Go back in time and be a chaebol

Chapter 932 Promise, in the name of the country (first update, please subscribe)
Yesterday’s news!

This word is the most appropriate to describe multinational corporations. It does not mean that multinational corporations have no future. In fact, from the perspective of economic development of various countries, the future world will definitely enter the era of multinational corporations. Thanks to the changes in transportation and communication methods, the economies of countries around the world will be highly integrated. As the world enters the era of the global village, multinational corporations will also become the mainstream that dominates the economy.

But today's multinational corporations are far from what they were in the past. At least they can no longer act as the vanguard of neo-colonialism, relying on the support of imperialist countries.

"Times have changed!"

Frank, the manager of Aramco, sighed helplessly.

"In the past, if they attacked our oil fields, the first thing they had to consider was the American naval guns, but now..."

Taking a puff of his cigarette, Frank said in a sarcastic tone.

"Politicians in Washington are more concerned about whether the other side will turn to the Soviet Union. In this case, they first consider the interests of other countries, not the interests of the company. Therefore, we must use our own way to defend our own interests, and this requires us to work together."

Frank glanced at Hermann and said.

"For our common interests, Aramco is willing to exchange 15% of its shares with you, that is, 15% of Aramco's shares in exchange for 10% of South Aramco's shares!"

I have to say that Frank's move was very generous. After all, Aramco's annual production now exceeds 3000 million tons. In comparison, South Aramco only has exploration rights in the Persian Gulf and has not produced a drop of oil so far.

"In this sense, it seems that we have an advantage. After all, we have just started exploration work in the Persian Gulf."

Frank said, shrugging his shoulders.

"Geologically, there is oil there, and this is just part of the deal."

"I understand that if there is no oil or the oil production is not satisfactory, we will make up for it in cash."

Regardless of whether oil can be extracted in the Persian Gulf, becoming a major shareholder of Aramco will be a very profitable investment for Nanyang Petroleum Corporation.

"Well, now we only have one problem left!"

Frank said, taking a deep breath.

"How to ensure our interests? Can you convince Nanyang to intervene in Saudi Arabia at the right time and for the right reasons to stop their attempts?"

Why is Aramco willing to give up such a large number of shares for trading? To put it bluntly, it hopes to get support from Nanyang. As we all know, Nanyang has always been very upright in its attitude towards defending its own interests. In other words, it is very rogue!
“That’s absolutely fine,”

Although he had not communicated with the official residence, Hermann was well aware of the Excellency's style of doing things.

"For Nanyang, any agreement must be observed. This is a basic international rule. If someone wants to tear it up, Nanyang will never sit idly by."

Frank said in response to Herman's assurance.

"We need official assurances!"

Without official guarantees, Aramco would never have made such a big "concession". In fact, in the past few days, the equity exchange has caused great controversy within Aramco.

"Of course, you will get official guarantees!"

Hermann's answer made Frank's heart leap with excitement. Was he going to meet that gentleman?
As a businessman, Frank admired that gentleman to the extreme. After all, he was the most successful businessman in history.

This is also the reason why they chose Nanyang, because Li Yian is a businessman, he will do everything possible to protect his business interests, unlike those politicians in Washington who only think about politics.

But soon, Frank was disappointed. The place he went to was not the official residence, but the Ministry of Foreign Affairs. In the bright office in the Ministry of Foreign Affairs building, Frank met the Minister of Foreign Affairs Li Guoren.

Facing the deputy general manager of the US-Arab Oil Company, Li Guoren spoke directly.

"Please rest assured that all business agreements must be complied with according to the laws of Nanyang. In the past few years, Nanyang's enterprises have made large investments in Australia, South America, Africa and many other countries. We believe that business agreements are sacred and inviolable. This is also the fundamental reason why we are willing to invest overseas. If some countries attempt to undermine the agreement with various excuses, such as "nationalization", then..."

Leaning forward slightly, Li Guoren looked into Frank's eyes as he spoke, and his expression became serious.

"I think Nanyang will defend its business interests in its own way." After thinking for a moment, Frank asked:

"What kind of method? Diplomatic pressure?"

"Correct!"

Li Guoren nodded and said.

"But this is just the first step, Mr. Frank. I hope you can understand that Nanyang is different from any other country. We are an extremely scarce country in terms of resources. We even need to import a large amount of food. In order to obtain food, we even need to go to Africa to develop plantations. If one day, someone infringes on our overseas assets and tears up the agreement for some reason or excuse, then we will take all means to defend our interests. I mean all means!"

"All means?"

Frank pondered for a moment and asked.

"Does that include military means?"

In response to Frank's question, Li Guoren did not answer immediately, but took out a cigarette from the cigarette box on the table, lit it and started smoking.

For a moment, the office fell silent again.

It seems difficult to get official guarantees.

If there is no guarantee, will they really resort to military means or threaten to use military means?

In fact, in Frank's opinion, even if Saudi Arabia tears up the treaty in the future, they will never have a military conflict with Nanyang. After all, their military strength is very limited, and it can even be said that they are vulnerable. As long as there is a powerful country willing to issue a military deterrent, a country like Saudi Arabia will definitely succumb. After all, for them, oil is just money, and they will never sacrifice their country for money.

Those Bedouins are still very realistic. They understand very realistically what choices they should make at what time.

When this thought came to Frank's mind, the silence in the office was broken, and Li Guoren said in an extremely calm tone.

"As I said before, Nanyang is different from other countries. What we have to defend is not only our overseas investment, but also our lifeline. This lifeline will never be allowed to be violated by anyone. So if someone tries to threaten him——"

Li Guoren looked directly at Frank and spoke in an extremely serious tone.

"Then we do not rule out the use of military means to solve the problem and make the other party pay attention to or respect the commercial agreement. Well, it is not only a promise I made, but also an inevitable choice for Nanyang!"

Li Guoren's answer made Frank almost scream. Just when he was about to speak, he heard the foreign ministers speak again.

"Just like the current investment of oil companies in Libya, they will sign a corresponding agreement with Libya, but this agreement must be 100% respected. Nanyang will never allow anyone to tear up this agreement under any name or excuse. Well, this is the most basic business rule, I believe - everyone will respect it."

If they don't respect you, then find a way to make them respect you.

After Li Guoren finished speaking, he looked at Hermann on the side and said to him.

"So you can invest in Libya, Nanyang will be your strongest backer."

Is this promise only for Libya?

No, it was also a promise to Frank - telling him not to worry, because Nanyang would take care of him in the future.

Frank laughed at the promise.

"I believe in you! This is also the premise for our cooperation. As for Libya..."

Frank turned his gaze to Herman and said.

"Our company will never get involved in Libya, but as long as you need it, we will do our best to help you realize your wishes."

It is also a commitment. After all, many things require some commitment from each other.

(End of this chapter)