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Thailand Proposes To Pay For Airliners With Shrimp  
User currently offlineFlyf15 From , joined Dec 1969, posts, RR:
Posted (11 years 2 days 17 hours ago) and read 2441 times:

This is definately one of the stranger things I've seen....

http://straitstimes.asia1.com.sg/asia/story/0,4386,225734,00.html

3 replies: All unread, jump to last
 
User currently offlineAussieboggie From Australia, joined Sep 2000, 92 posts, RR: 1
Reply 1, posted (11 years 2 days 16 hours ago) and read 2408 times:

Strange? It's normal.

They called it a "counter trade".

Countertrade is an umbrella term covering a wide range of commercial mechanisms for reciprocal trade. Barter is probably the oldest and best known example, however others, such as offset, buyback, tolling and switch-trading, have also evolved to meet the requirements of a more sophisticated world economy. All of these generally involve the exchange of goods or services to finance purchases, rather than using cash alone. Countertrade, in its various forms, represents 10-15% of world trade (esp. when buying military equipments, between developing countries n developed countries v.v).

Thai May Not Buy Airbus Fleet:
http://www.airliners.net/discussions/general_aviation/read.main/1306863/



Sekarang Sesiapapun Bisa Terbang
User currently offlineFlyf15 From , joined Dec 1969, posts, RR:
Reply 2, posted (11 years 2 days 16 hours ago) and read 2389 times:

Ah, yes, I understand that. What I feel is strange is (like mentioned in the article)...why would Boeing or Airbus want shrimp?

Anyways, how many shrimp would it take to pay for an airliner?  Big thumbs up


User currently offlineLeskova From Germany, joined Oct 2003, 6075 posts, RR: 70
Reply 3, posted (11 years 2 days 16 hours ago) and read 2360 times:

It'll definately be enough for an All-You-Can-Eat-Buffet in either Europe or the US... Big grin

As far as I know, this type of deal usually will include a third party - the one that will be able to use/sell the comodity that is used for payment: instead of paying the person delivering, in this case the shrimp, they'll pay for the aircraft instead.



Smile - it confuses people!
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