Interstellar Commerce
Overview
The business and money side of the United Space Confederation (USC) is handled by the Ministry of Interstellar Commerce (MIC). The MIC is, like all our Ministries, a vital part of the USC’s operations The MIC is one of four 'In-Game Sandbox Content Creation' entities and is responsible for:
Setting budgetary goals and policy, and providing budget recommendations to the Cabinet each quarter, with allocations for each Ministry and the Navy for expenditures,
Management of all incoming and outgoing funds through the Office of Export, Trade and Commodities,
Coordination of heavy mining and salvage operations, as well as trade runs, with our other Ministries,
Negotiation of trade deals with foreign governments and organizations,
Standardization of tax rates, provide and manage loans to USC members,
All trade and commerce related duties on the Confederation level,
Track USC organizational finances; revenues and expenses,
Setting import and export taxes and tariffs
Strategic Focus
The MIC has a keen focus for realizing the full potential of any financial opportunity that presents itself. In cooperation with the other Ministries of the USC, members of the MIC should expect to be involved with the coordination of org activities on a regular basis.
These activities include, but are not limited to:
Fleet transportation/logistics; especially as it pertains to organized, economic-oriented group actions, aka ‘Green Days’,
Monitoring trends and offer recommendations for income opportunities,
Participating in Trade Convoy and Commodity Trading missions,
Participating in Mining and Salvage missions for profit & revenue generation, and
Resource allocation, and exploitation.
(WIP) *more information will be posted as the game develops*
Operational Focus
While these operations may sound easy when reading on your Mobi-Glas, in practice there is an extensive process behind it to make sure everything runs smoothly. For example, economic policies are set through talks and negotiations between the USC Cabinet, the USC Citizen’s Senate, and the Ministry of Interstellar Commerce (MIC). Once policy goals are agreed upon, the MIC is responsible for setting the best policies for achieving those goals. The MIC’s main focus is that the Confederation’s capital investments are maintained, and protected.
The MIC, together with the Consul of Peace, is involved in negotiating trade agreements with other player corporations and governments. Once treaties and pacts are agreed upon, it is also the responsibility of the MIC to carry out the agreement. For political reasons, the United Earth Empire (UEE) does not officially accept trade from the United Space Confederation. However, the USC Cabinet, with help from the government of Terra, have developed methods of legally trading with the UEE as well as within their borders. Citizens operating under the USC banner will not have their list of potential clientele limited to private corporations or individuals outside of the UEE, also be assured that all transactions will use UEC as currency, so citizens will have no issues with trade or commerce.