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Foreign trade of Renesia

Foreign trade of Renesia includes major s and s of Renesia. The Ministry of Commerce of Renesia (MoC) administrate foreign trade and regulates tariffs. Trade accounted for 27% of Renesia's GDP in 2020. Renesia is a part of Onse Naval Alliance Treaty (ONAT) alongside Ecoralia and Galvia, two of its largest trade partners. Renesia's export is dominated by metals and mineral products accounting for around 40% of the total exports.

Trade policy
Renesia is an export-focused nation with a tariff of 25% on imports from non-favoured partners. Renesia primarily aims to protect its industries to stop relying on metal and minerals export. Renesia is also focusing to make much easier, by facilitating entertainment and service industries on their deliveries and avoiding any  or hindrances.

Foreign direct investment
Foreign direct investment has been slowly growing since the 1980s. Foreign investments are only allowed to specific nationals which limits the pool of foreign investors for Renesia. Foreign companies build their factories in Renesia to gain access to cheap metal for their production.

Renesian investments abroad
Renesia has invested in Alutra since after Third World War to help restart Alutran economy and rebuild its infrastructure, several Renesian, especially the Grand Sarrisen Bank and the International Renesian Bank, companies also into the affected areas with the support of the Renesian government, totalling in Ꝟ10 billion worth of investments. Renesia also helped in the reconstruction efforts in Ventora after the War of the Three Capitals with some estimates Ꝟ1.56 billion was invested by Renesia during its recovery, some Renesian construction companies still operate to this day in some capacity such as Stahlschmiede Limited. Renesia also invested in Vojandzeka after Vojanak War and the Kalvatăsz Crisis totalling Ꝟ1.7 billion in investments. Renesia also invested in pharmaceutical industries in Riyata and Koranel owning a sizeable share in both nations.