Turingsage
BANNED
- Joined
- Sep 28, 2014
- Messages
- 2,304
- Reaction score
- -23
- Country
- Location
What are you a moron ??There is fine print in the contract that says credit given by Indians must be utilized using INDIAN goods and services.
You DO NOT HAVE TO ACCEPT LINES OF CREDIT. You say no if you think are too onerous.
When the bank offers me a mortgage , I can say NO and if I do say yes and the bank insists I use the money to buy THE house you applied the mortgage for and not a Bugatti Veyron, it would be perfectly in its right to insist so.
It would be absurd if it did not !!!!!!!
If you do not want lines of credit then there is nothing on earth that can make you accept.
No they cannot, if they were that stupid enough to charge a million dollars a single truck then YOU DO NOT BUY IT. YOU SAY NOThat means these Indian suppliers and contractors can charge any damn price they want and supply any shoddy goods they want, which may not be a good deal for countries like Bangladesh.
If the goods are shoddy there are clauses in contracts which specify a minimum quality that is expected . There are clauses for delays in delivery , specifications to be met, etc EVEN IN CONTRACTS SIGNED VIA LINES OF CREDIT.
ULTIMATLY YOU CAN SAY NO.
NO TO LINES OF CREDIT.
NO TO LEYLAND TRUCKS.
NO TO TERMS OF CREDIT.
JUST SAY NO.
As for the trucks not being up to the very high standards ( I believe you said Bangladeshis only drive Mercedes Rolls-Royce and Lamborghini's ) that are the de jure entitlement of every Bangladeshi, all I can say is that many many countries import them and are more than happy to have them. The company expanded by 48% and registers double digit growth in exports.