flyf15
Posts: 6633
Joined: Tue May 18, 1999 11:10 am

Thailand Proposes To Pay For Airliners With Shrimp

Thu Dec 18, 2003 6:53 am

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

http://straitstimes.asia1.com.sg/asia/story/0,4386,225734,00.html
 
aussieboggie
Posts: 79
Joined: Thu Sep 14, 2000 12:08 pm

RE: Thailand Proposes To Pay For Airliners With Shrimp

Thu Dec 18, 2003 7:02 am

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
 
flyf15
Posts: 6633
Joined: Tue May 18, 1999 11:10 am

RE: Thailand Proposes To Pay For Airliners With Shrimp

Thu Dec 18, 2003 7:04 am

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
 
Leskova
Posts: 5547
Joined: Wed Oct 08, 2003 3:39 pm

RE: Thailand Proposes To Pay For Airliners With Shrimp

Thu Dec 18, 2003 7:10 am

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!