TFNN - Endor System, Moddell Sector
In a joint press conference in front of a veritable army of Trade Federation News Network and Avance News Network reporters, Avance Coalition First Seat Navik Ikron and Trade Federation Viceroy Jacob Jansen released a simple statement: "The Avance Coalition will merge with the Trade Federation."
As for the reasons for the merge, political pundits across the galaxy have posited many theories. The one that fits best suggests that the Galactic Concordiate served as the backdrop providing a mutual political and cultural growth for both the Avance Coalition and the Trade Federation. Several members of the Federation government joined the House system and Avance got involved in the Federation Market, further bringing the two peoples together. Both sides were dedicated to the maintenance of peace through neutrality, supported by strong economic policies. Seeing the success of the GC, talks began to address how the cause for neutrality and prosperity might be furthered by working closer together and establishing a unified front to confront the encroaching tides of war, the increasing boldness of piracy galaxy-wide, and the galactic recession. After much discussion, a merge grew as a popular option and was soon taken to heart by the leadership to consider in greater detail.
TFNN economic analyst Moradin Kwyntehst pointed out that a key feature to watch is the availability of technology that was formerly restricted or exclusively offered by Avancian companies like Rendilli and Centurion Arms now is more readily available to be integrated in Federation defense fleets and has less obstruction to being more available to the public in the Federation market. This, of course, only increases the Federation's economic influence as more equipment will be sold exclusively through their markets, giving them complete control over the markets for those items or weapons. Additionally, an internal announcement released to Federation personnel obtained from unnamed sources shows that Federation salaries and fringe benefits will be increased to more closely match those enjoyed by those who served Avance before the merge.
Early congratulations on the merge came in from a close ally. Hapan King Zayth Kadrim sent the following by Holonet: "Avance Coalition became known for being an economic powerhouse, striving towards recognition as a mediator on the galactic stage, with its Houses forming the undercurrent of its distinct culture. Although it is regrettable to see its time coming to an end, without a doubt they have found the right partner in Trade Federation to entwine their futures with. As such Hapes welcomes the strengthened hand of the Trade Federation, and we wish them all the best with their efforts of bridging both the physical distance and the cultural dissimilarities between the two peoples. We will continue to follow with interest how the diverse possibilities offered by this merger become utilized by the parties involved."