CENTRE FOR FOREIGN RELATION POST GRADUATE DIPLOMA IN ECONOMIC DIPLOMACY CLASS OF 2019/2020 TANGA ASSIGNMENT 1 Course: INTERNATIONAL BUSINESS NEGOTIATION Facilitator: DR AHMED MTENGWA BURHAN Presented by: SYLVESTER M. MANI 1. What are the interests of Great Republic of Bantu State in this dispute? Interest is a emotion that lead to focus on an object, event or process. It draws attention of a person in certain subject or issue. Interest start with primary goals of which a person sets primary objectives to be attained. Interests can differ or be the same depending on the goals and objectives of parties involved. In the dispute, the interests of Great Republic of Bantu include the following: a. Primary Interest is to make sure there is sufficient and enough water for promoting social and economical welfare of Her people. b. Secondary Interest is trade water to Kingdom of Nubian Arab (Exporting) in order to gain income to promote economy because there is abundance of water in Great Republic of Bantu. And if there is no trade of surplus water, then Bantu State will miss part economic growth. Arab in order to gain income and hence promote economic growth of its country. c. By trading with Kingdom of Nubian Arab, the Great Republic of Bantu will form close ties and develop friendly relationship that will benefit them in the future. d. The Great Republic of Bantu will create investment and increase income for its economy and also the value of its products will increase. 2. What are the interests of Kingdom of Nubian Arab in this dispute? i. The primary interest of Kingdom of Nubian Arab is the same to Her Counterparty, is to make sure that there is enough and sufficient water to Her people for social and economic welfare. ii. Kingdom of Nubian Arab has insufficient water supply, therefore to remedy this problem, there must be secondary interest of importing surplus water as reserve for future use. iii. Relationship for social and economical growth also is the Interest of Kingdom of Nubian Arab people. Through water trading this interest can be achieved. By trading with Great Republic of Bantu as its main supplier, it strengthens its bilateral relationship for social and economic gains. iv. Technological transfer interest that will increase economic growth of Kingdom of Nubian Arab as they invest in water treatment project. 3. What negotiable issues might deliver Great Republic of Bantu State’s and/or Kingdom of Nubian Arab’s interests? Negotiable issues are areas of interests that must be met between two parties. Such areas of interests must be jointly decided between parties for its implementation. Negotiable issues between Great Republic of Bantu State and Kingdom of Nubian Arab include the following: i. The price of water per thousand gallons (if the water is untreated). ii. The price of water per thousand gallons (if the water is treated in the Great Republic of Bantu). iii. Amount of water to be delivered to the Kingdom of Nubian Arab by Great Republic of Bantu (supply between 350 to 700 million gallons a day). iv. Sign a new contract with a long term cause to 2060 because the current agreement ends in 2005. v. In times of uncertainties like drought, the quantity of water that the Great Republic of Bantu will supply to the Kingdom of Nubian Arab. 4. What negotiable positions for the parties might be associated with these negotiable issues? Negotiators position are the things they demand you to give them and also the things they refuse to give you. Negotiation positions are typically communicated in meetings, if they are agreed they define negotiable issues which deliver interests of a party. The negotiable positions between The Great Republic of Bantu and the Kingdom of Nubian Arab include the following: vi. Quantity of exported water between (350 mgd and 750 mgd). vii. New Contract duration viii. Price of Exported Untreated Water (between 3$ and 50$). ix. The quantity of water to be supplied during drought (between 0 to 350 mgd.) x. Price of Exported treated water by Great republic of Bantu (between 3$ and 2.5$) xi. Price of treated water for re-exportation by Kingdom of Nubian Arab. (between50$ and 2.5$) 5. What might form the basis of a possible agreement meeting some of the interests of each party? a. Great Republic of Bantu would want to stop supply water to Kingdom of Nubian Arab during drought. b. Kingdom of Nubian Arab would want to continue with the new contract with at least end 2060. c. Kingdom of Nubian Arab would want to increase supply of water and would allow Great Republic of Bantu to treat half of its quantity supplied and half of it to be untreated.