[00:06.80]testing instrument, and complete sets of component parts for you to assemble them into finished products?
[00:13.88]Well, let's first negotiate a barter trade agreement, stipulating some general terms and conditions.
[00:21.28]Let's discuss it in detail this afternoon then.
[00:25.03]Ok, this arragement helps implement the principle of equality and mutual benefit and exchange of needed goods.
[00:33.81]We must remind you of your responsibility to provide technical assistance,
[00:39.01]the performance of the machines and finally a smooth start-up.
[00:43.47]This type of cooperation suits us perfectly,
[00:47.15]but before we give our final reply, I'd like to clear up some points.
[00:52.46]We are interested in advanced technology and the transfer of technology.
[00:57.70]As I see it, the future prospects of the joint venture are splendid.
[01:02.78]Well, how should profit and loss be shared between us?
[01:07.90]We want to import some mining equipment through compensation trade.
[01:13.29]We are very interested in the deal. However, I guess it is necessary to do some research before our discussions.
[01:21.48]Ok. You can take advantage of the cheap labor and production costs.
[01:27.84]Before going further, please indicate the rate of porcessing or assembling charges, and also the method of payment.
[01:35.26]We are glad to know that you intend to do business with us on the basis of processing.