Hongolia
ISSUED: MARCH 26, 2005 2017 MST (-0700 GMT)
Hongolia Press Release
Many rumors have been swirling around about the alleged unfair business practices conducted by Hongolia and Danikistan. However, the claims are purely rumors, and not facts. I am writing today to clarify the rumors and give the facts about the situation.

It is true Danikistan built MNCs that were then annexed by Hongolia. Did Hongolia exploit Danikistan? No. Danikistan was commissioned over 100,000k per MNC (on top of the cost of the MNC). Thus both parties gained through this financial/business transaction. Was the transaction legal? Yes. What was the commission Danikistan gained used for? Hongolia helped Danikistan gain access into the coveted Steel Glider and the money was used to purchase the Steel Glider station which has now allowed Danikistan to generated a substantial income monthly (over 400,000k / month). Without the commission, Danikistan could not afford to pay for the station and would not be able to join the Steel Glider.

Was the transaction fair? Nak-Sun also built several MNCs for Hongolia. Nak-Sun is a fully autonomous nation and their leader agreed to the same deal. A commission of over 100,000k per MNC was paid and Hongolia is now working on a deal to get Nak-Sun into the Steel Glider. Thus, the deal Danikistan received was market price; the transaction with Danikistan was fair. No nations were exploited and all nations have benefited greatly from the transactions.

Though many nations feel this process is a “loophole,” Danikistan and soon Nak-Sun, would not be financially stable without conducting this deal, thus not only has Hongolia gained in this scenario, but two small nations have gained greatly through the process.

If you do feel this is a loophole, please vote in the Congress to close the loophole, however, do not punish Hongolia for it actions as Hongolia merely conducted a legal financial and business transaction.

Hopefully this has clarified the rumors.

Thank You,

Triple H (Head Honcho of Hongolia)