The Treaty of Hanseong
I. Regarding territorial considerations.
1. The Kingdom of Joseon shall cede the island of Jeju, including all rights of sovereignty and all extant claims regarding the territory or its governance, to the German Empire in perpetuity.
2. The German Empire shall provide the Kingdom of Joseon with one million pounds sterling as direct compensation for the island of Jeju.
3. The Kingdom of Joseon shall provide the German Empire with land sufficient to establish a permanant legation in or near its capital city of Hanseong. This land shall be considered an extraterritorial possession of the German Empire and subject solely to German law.
II. Regarding trade.
1. The Kingdom of Joseon shall open all ports and cities to German trade, without limitation or restriction.
2. German-flagged vessels and German merchants shall not be subject to taxation or fees within the Kingdom of Joseon. The right to movement within the Kingdom of Joseon by German citizens shall not be impeded and the King of Joseon shall guarantee their safety within the Kingdom's borders.
3. The Kingdom of Joseon shall refrain from extending preferential trade status to any other nation without prior consultation and agreement from the German Empire or its representatives.
III. Regarding technological assistance.
1. The German Empire shall fully subsidize the construction of a model industrial facility, to be jointly owned by the Kingdom of Joseon and operated by a German manufacturing firm, in the city of Pyongyang.
2. The German Empire shall fully subsidize a shipment of Dreyse rifles and other military equipment from German manufacturing firms, to be provided to the Kingdom of Joseon and its army.
3. The German Empire shall dispatch an advisory delegation to the Kingdom of Joseon, including but not limited to engineers and military officers.
[X] - Otto von Bismarck, Chancellor of Germany, on behalf of His Imperial Majesty, Wilhelm I, German Emperor and King of Prussia
[X] - Heungseon Daewongun, for King Gojong of the Kingdom of Joseon
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