Sanyatti
Member
Africa should form one strong trade block with same export prices.
Forming on true trade block with same export prices will be of much benefit to Africa. Right now all African countries sell natural resources at different prices which makes it easier for the continent to be exploited.
Combined, Africa is at the top of the world when it comes to production of diamonds. If African countries were to sit together and come up with the same price for diamond, more foreign currency would start flowing into the continent. Right now if a European country isn't satisfied with your diamond price, they just move/threaten to move to another African country with diamond prices cheaper than yours. Because of this, most diamond prices are determined by European buyers. However if we all set the same prices, we will tackle this problem of divide and rule.
The same applies for gold, copper, nickel, chrome,iron ore. If we come with the same prices of iron ore, we'll make a lot of money. Iron and steel are basically what keeps the world running. However it's shocking how iron is underpriced. We must all increase our iron ore prices to the same figure. That way, Europeans and Asians are going to be forced to buy it at whatever amount we want. If they can't, then they can kiss goodbye to their car manufacturing industries and other industries that use steel and iron. Of course Australia produces more iron ore than Africa, but still Australia does not produce enough to supply the whole world.
Please Note: With same prices, a united Africa can make a lot of money or shut down the world if it doesn't want to cooperate because all materials come from Africa.
Forming on true trade block with same export prices will be of much benefit to Africa. Right now all African countries sell natural resources at different prices which makes it easier for the continent to be exploited.
Combined, Africa is at the top of the world when it comes to production of diamonds. If African countries were to sit together and come up with the same price for diamond, more foreign currency would start flowing into the continent. Right now if a European country isn't satisfied with your diamond price, they just move/threaten to move to another African country with diamond prices cheaper than yours. Because of this, most diamond prices are determined by European buyers. However if we all set the same prices, we will tackle this problem of divide and rule.
The same applies for gold, copper, nickel, chrome,iron ore. If we come with the same prices of iron ore, we'll make a lot of money. Iron and steel are basically what keeps the world running. However it's shocking how iron is underpriced. We must all increase our iron ore prices to the same figure. That way, Europeans and Asians are going to be forced to buy it at whatever amount we want. If they can't, then they can kiss goodbye to their car manufacturing industries and other industries that use steel and iron. Of course Australia produces more iron ore than Africa, but still Australia does not produce enough to supply the whole world.
Please Note: With same prices, a united Africa can make a lot of money or shut down the world if it doesn't want to cooperate because all materials come from Africa.