The agreement also provided for other matters, such as the need for Australians to pay taxes at the Governor's House at a pre-agreed "prime rate" if their goods flow from the bonded area to other parts of the island of Timor.

Similarly, when goods from the Viceroyalty of Timor enter the bonded zone, the same tax rate is applied to the Australian side.

And stipulating that the two sides shall not double taxation, and there are no non-tariff trade barriers to legal trade between the two sides, which is a new concept proposed by Australians: mutual most-favored-nation treatment.

According to the agreement reached by the two parties, the bonded zone is open to management, and no "visa" is required for personnel to enter and exit.

To put it bluntly, this is equivalent to the Australian Commonwealth leasing a piece of land on Portuguese territory, and then building a large free trade market there.

Not long after Director Hou Xianglin took office, after the survey of this land was completed, he decided to give this place the name of his hometown---- Xin'an, and the river was called Xin'an River.

The plenary meeting undisputed the approval of the name given by Hou Xianglin.

Since then, this future Sinanseong, known as the pearl of the South Seas and the city that never sleeps, has appeared on the historical stage of later generations since the beginning of 1658.

Of course, the current Sin'an Fortress is only a legal document and construction drawings, and it is still just a barren saline land, with no wooden fence around it, and there is no border.

Although this is a free trade market, but for the sake of taxation and security, the free trade area still needs to have a certain fence facilities, Hou Xianglin has planned a stone wall route, but before that, he can only build a wooden fence, the role of this fence is to say that it is for security, but rather to declare sovereignty.

However, before he could build a wooden fence, he had to build a group of buildings on the west bank of the Xin'an estuary to serve as the office of the director of the free trade zone management committee.

For this purpose Duchess Margaret provided him with a lot of workers, including sailors on the Red Bay, who, for the time being, were not only his work assistants, but also his armed retinue.

Zezilia was happy because the Australian "Commonwealth" had given her fiancé a nice-sounding appointment: "Director of the New Security Tax District Board of the Commonwealth of Australia".

Sun Lao told the two ladies that this appointment was similar to the appointment of Hou Xianglin as the "Governor of Sin'an City" in the name of the King of Portugal, and although the name was very awkward and long, the position was almost that.

In fact, the word "Governor of Xin'an City" was called out by Pimont, Xu Zhi as a translator, after explaining to Pimont for a long time what is the director of the management committee, Pimont finally understood that this long list of names is actually the meaning of the governor, why don't you call the governor directly?

"Cultural differences!"

Xu Zhi replied.

Of course, Sun Lao also told Margaret the truth that in fact, Hou Xianglin preferred to do his own construction business, which was to listen to his profession and career, so this "governor" was temporary, mainly considering that the free trade zone was in its infancy, and most of the work here was to engage in infrastructure construction rather than trade and administration, so everyone volunteered to stay after consulting with me.

Obviously, Director Hou is temporary, and eventually he will return to Boss Hou, or Chairman Hou.

All in all, after a while the infrastructure work of the Free Trade Zone is completed, Miss Zilia will return to Australia with the outgoing Governor.

For this arrangement, Margaret and Zezilia are of course also tacitly acquiesced, and now the sister and Brother Hou are in love, listening to Margaret revealed to Sun Lao, the two should have reached the engagement stage.

Yes, Zilia was going to marry the "Governor" in the future, and Duchess Margaret thought the marriage was a good match.

As for the ambiguous relationship between Sun Lao and Her Excellency Duchess Margaret, both of them explained in public as "special and close friends".

However, this deliberate distancing soon came to an end, and the tacit understanding between the two did make outsiders feel that something must have happened between the man and the woman, so they had to admit that they both had a crush on each other, and announced that their relationship would continue to grow - this was announced by Sun Lao and Margaret at the celebratory banquet after the signing of the shareholders' meeting of the Dili Governor's Palace.

However, Elder Sun has affairs on his side, and His Excellency the Duchess is also very busy now, and the two of them really don't have time to spend time now.

Obviously, both parties intend to keep this ambiguous relationship for a while, and both know that they need to seriously consider their identity backgrounds and cultural differences before they are married, and that neither party is an impulsive young person, and they need to get to know each other better, and of course, they can't delay it too long.

Sun Lao is about to temporarily leave Dili Port with the fleet and return to Mornington Island, of course, as short as a month or two, at most within half a year, Sun Lao will come back to meet Margaret, and at that time, it is estimated that the two should get married, obviously during this time the two will be very busy.

Recently, Lao Ba sent a telegram from the Red Mansion, strongly urging Sun Lao to come back and "preside over the overall situation", because he was going to get rid of his daily administrative affairs and do his own big business.

In view of the success of the fleet's journey north to Macao, the family is working overtime to make glassware and mirrors, and continue to expand the cultivation of sugar cane and sugar beets, and other trade projects are also in full swing.

At present, Lao Ba and Yu He are brewing a major project: to set up a bank, the name is being considered, it is said that the two have discussed with Xia Xiaoou and others, this is a bank with the right to issue notes, and it will be proposed at the plenary meeting soon.

However, everyone felt that the two men's banking projects were a bit premature, while other projects were much more realistic, such as Zhou Yuye and Wang Nabin's textile factory project and Lao Wang's sweet potato wine project, especially cotton printed cloth and various types of coarse and fine linen, which are relatively easy to develop and have high added value of trade goods, especially cotton printed fabric.

At present, the labor force on Wang's side is relatively abundant, and the planting area of cotton on Mornington Island will definitely be expanded this year, and has begun to plant flax and jute in a large area, plus some imported cotton and flax, with a relatively sufficient supply of raw materials, Wang and the two said that the "Australian Huasheng Textile Co., Ltd." they founded will bring extremely high profits to shareholders.

Lao Wang was also very optimistic about the estate of the Duchess of Margaret, and he proposed a huge industrial plan to the Duchess through Sun Lao.

Therefore, in the coming period, the duchess will be even busier, now she has successfully recovered the plantation she should inherit, and she has decided to change the planting structure of the estate, according to Sun Lao's suggestion, in the future, the manor will be the main business of planting cash crops, including sugarcane and various crops that will be provided by Lao Wang in the future, such as various spices for the production of five-spice powder, and many other crops that she has heard of and have not heard of, such as corn, potatoes, sweet potatoes, peanuts, jute, linen and cotton, among others.

In recent days, she has been asking people to bring cocoa beans from the central part of the Americas, and Sun Lao said that Australian experts in this area are also particularly hoping to get cocoa bean varieties from the country of origin, which will make the estate rich after cross-breeding.

In addition, the Duchess Margaret planned to raise poultry, beef cattle and dairy cows on her estate, and to set up a milk and meat processing workshop, and to supply the town with various dairy and meat products.