Reborn In 17th century India with Black Technology

13th January 1658

"Your Excellency Jaishankar, 15% is not fair. You have given a discount of 30% to the Venetians and the Russians. Why the partiality when it comes to us, the Spanish, your closest friends?" Pedro asked with a hurt expression as if he were heartbroken.

However, Jaishankar did not fall for the trick. "I am sorry, Your Excellency Pedro, but our deal with the Venetians and the Russians is strategic in nature, and we have peace agreements and treaties with both nations, so some exclusivity is expected. You cannot demand that we do the same for you. If we did, how would the Venetians and the Russians feel?"

Jaishankar finally let out a sigh, as if he was losing a lot. "Alright, we will make concessions. The discount will be increased to 20%, and the time will extend from three years to five years. This is the best we can do."

Pedro Santiago looked towards Don Álvaro, who nodded in acceptance. "Alright, the Spanish Empire can accept this deal. We are looking forward to purchasing your famous military equipment at a 20% discount."

"Next, coming to the workforce, our Spanish Empire would require up to 10,000 skilled workers for a decade."

"No, that’s too much. Even we don’t have that many workers, but since we promised, we can provide 50% of that—5,000 skilled workers for the next five years."

"Alright, we can work with that. Then, regarding the fifth point, how about the tariff agreement?"

Jayashankar consulted with Jagannath Mohan and replied, "The Spanish Empire will receive a five-year tariff agreement with the Bharatiya Empire to buy goods at a 30% tariff discount."

"No, that’s too low—at least 50%."

"Sorry, Your Excellency Pedro, there can be no negotiation on this. It’s a 30% discount, five-year deal, or no deal at all."

"You Bharatiyas are really stingy," Pedro sighed. "Alright, we agree."

14th January 1658

"Your Excellency Jaishankar, we Spaniards do not have much understanding of the industrial layout you speak of, so could you please lay down the deal and the potential benefits we would acquire from it?"

Jaishankar was prepared; He had inquired about various details from Rajesh, the Minister of Trade, Commerce, and Industry.

"Your Excellency, the main reason why your empire is in an economic crisis is because you are unable to retain the silver you get from your colonies. All the silver you obtain from your colonies is used to buy products from your European neighbours, who have developed industries.

In the end, the Spanish Empire has become a glorified mining company." Of course, Jaishankar didn’t mention the extravagant lifestyles of the nobles in Spain in the early 17th century, which had caused significant damage.

"Hence, for the next five years, the Bharatiya Empire will be willing to support the Spanish with industry chain exports from our textile manufacturing industry, metal manufacturing industry, shipbuilding industry, and other technical support, all for the price of two tonnes of gold."

Pedro Santiago and Don Álvaro de Mendoza discussed for a while and agreed to the deal. "We can work with that. Thank you for being kind on the price."

Vinod and Jaishankar simply nodded and did not reply, as the price of two tonnes of gold was actually very cheap. The reason for this low price was that the Bharatiya Empire wanted the Spanish to control the ambitions of the Dutch, the English, and the French in the Americas.

"Alright, for the last condition, the Bharatiya Empire will build 10 ships of 1,500-ton capacity, capable of sailing the Pacific Ocean on the Manila to new spain route. The Bharatiya Empire will be responsible for all cargo transportation to the New Spain colony of the Spanish, for a price of 40% over the cargo value."

Pedro Santiago did not have much objection to the deal, nor did Don Álvaro, but there was a small doubt. "Mr. Jaishankar, how is the value of the cargo calculated? Haven’t we agreed to procure military supplies at a 20% discount and civilian supplies at a 5% discount from the Bharatiya Empire? Now, with the additional pricing of 40%, how will this work?"

Jaishankar nodded and explained, "Your Excellency, our previous agreements remain valid. Military supplies will indeed be sold to you at a 20% discount off the market price, and civilian supplies will be sold at a 5% discount. But this is the price if you handle the shipping yourself."

Pedro Santiago nodded, understanding this part, but was still confused about how transportation charges would be applied.

"As for the transportation charges, they will naturally be added after the discounts you deserve."

"For example, if you purchase a military product worth 100 Varaha or a civilian product worth 100 Varaha, then after the discounts, the military product would be worth 80 Varaha, and the civilian product would be worth 95 Varaha."

"The 40% charges are added to this discounted price, not the original price. So, the military product will now be worth 112 Varaha, and the civilian product will be worth 133 Varaha."

"I hope that clarifies things."

Pedro Santiago, Don Álvaro de Mendoza, and the treasurer discussed for a while and agreed the price was fair.

"Alright, Your Excellency, you’ve convinced us. The Spanish Empire is willing to make this deal with you."

Jaishankar looked through his notebook and confirmed that all the conditions were met.

He turned to Vinod and informed him of the conclusion of the negotiations.

Vinod, feeling relieved, stood up and greeted Count Don Álvaro de Mendoza, "We had a pleasant negotiation session. I look forward to the continued cooperation between our nations. For now, I will take over the duty of preparing the treaty agreement according to the conditions we discussed."

"Absolutely, Prime Minister. I wouldn’t want anything else."

At the end of the meeting, all the delegates greeted each other, and the negotiations concluded with the historic Bengaluru treaty between the Bharatiya Empire and the Spanish Empire.

_________________________________________________________________________________________________

Treaty of Bangalore

Date: 14th January 1658

Location: Bangalore, Bharatiya Empire

Parties:

The Bharatiya Empire, represented by:

Prime Minister Vinod

Minister of External Affairs Jaishankar

Minister of Finance Jagannath Mohan

The Spanish Empire, represented by:

Ambassador Pedro Santiago

Don Álvaro de Mendoza

Treasurer Fernandez

Treasurer Curt Lopez

Preamble: Recognizing the mutual benefits of cooperation between the Bharatiya Empire and the Spanish Empire, this treaty aims to strengthen trade relations and ensure a prosperous future for both nations.

________________________________________________

Article I: Purchase of the Philippines

The Bharatiya Empire agrees to purchase the Philippines from the Spanish Empire for a total payment of 29.65 tons of silver.

The payment is to be made as a one-time payment, with a deadline set for March 6, 1668.

Article II: Payments in Precious Metals

All imports from the Spanish Empire to the Bharatiya Empire will be conducted in silver metal for a duration of five years. The minimum transaction per year will be 5 tons of silver.

The Spanish Empire agrees to make direct payments to the Bharatiya Empire in Varaha currency, with no minimum or maximum limits specified, for a period of twenty years.

Article III: Discount on Purchases

The Spanish Empire will receive a discount of 20% on military supplies procured from the Bharatiya Empire.

Civilian supplies will be provided at a 5% discount from the market price.

Article IV: Workforce Recruitment

The Spanish Empire shall recruit a maximum of 5,000 skilled workers from the Bharatiya Empire over the next five years to assist in various sectors.

Article V: Tariff Agreement

The Bharatiya Empire will provide a 30% discount on the original 10% tariff, resulting in a 7% tariff on goods exported to the Spanish Empire for a period of five years.

Article VI: Industrial Technology

The Bharatiya Empire agrees to support the Spanish Empire in developing its textile and metal manufacturing industries, as well as shipbuilding supporting technology, for a fee of two tons of gold.

Article VII: Pacific Ocean Trade Development

The Bharatiya Empire will construct 10 ships of 1,500 tons capacity, capable of sailing the Pacific Ocean and serving the Manila trade route.

The Bharatiya Empire will handle all cargo transportation to the New Spain colony at a cost of 40% above the cargo value.

Conclusion:

This treaty represents a significant step forward in strengthening the ties between the Bharatiya Empire and the Spanish Empire. Both parties pledge to adhere to the terms set forth herein and work collaboratively for mutual prosperity.

Signatures:

Emperor Vijay Devaraya

Bharatiya Empire

Prime Minister Vinod

Bharatiya Empire

Emperor Baltazar de Habsburg

Spanish Empire

Valido Count Don Álvaro de Mendoza

Spanish Empire

Witness:

Spanish Empire:

Ambassador Pedro Santiago

Treasurers Fernandez and Curt Lopez

Bharatiya Empire:

Minister Jaishankar n/o/vel/b//in dot c//om

Minister Jagannath Mohan

_________________________________________________________________________________________________

P.S. In case of doubt Discount on Purchase 1 is different from a discount on Tariff 2

1 is a normal discount on goods and services ( The government Reimburses the private businesses to their sales at a discount )

2 is a discount in the tax taken on export goods