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High relations with the EU increases the foreign aid you get whenever a disaster happens.
High relations with China increases the price of canned goods, and lowers the cost of luxury goods
High relations with the Middle East increases the price of oil goods, and may sometime give you 30.000$ as a bonus.
Besides, if you have 100% with a superpower, it is most likely about 100%, and you can easily remove a little relations so that you will not harm your relations with the other nations.
- Cheaper foreign experts
Bad relations with EU - Decreased disaster relief
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Good relations China - Increased price canned food
- Lower import cost for luxury resources
Bad relations China - Trade embargo
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Good relations Middle East - Increased oil products export price
Bad relations Middle East - Trade embargo(?)
- No camels