Perria Economic Pact (PEP)
Jan 19, 2020 19:10:18 GMT -5
Marxist Germany, Haivon, and 1 more like this
Post by Dorab on Jan 19, 2020 19:10:18 GMT -5
Article One: Trade
1. Trade is encouraged between PEP members.
2. Prices and taxation will be kept to a minimum to attract trade.
3. The exchange rate will be fixed between PEP members so, while each country has its own currency, the market will allow both free trade but some sort of independence.
4. Members are free to trade with other countries, but when imposing economic sanctions, it's expected that all PEP members acknowledge and respect these.
5. Of trade conducted between member nations, 30% will be conducted with no tariffs.
Article Two: Freedom of Travel
1. Member nations agree to exchange embassies and ambassadors.
2a. Citizens of member nations may travel between member nations as long as they have a passport or sufficent identification.
2b. If identification cannot be proven, travellers have the right to be escorted to their embassy.
2c. Travellers must be given at least 30 days to prove their identification before being forced to leave the embassy.
3. Member nations must provide cheap and direct travel to all other member nations.
Article Three: Military
1. Each member nation agrees to share at least 10% of their military forces with other nations in the PEP.
2. Member nations may not declare war against any other nation in the PEP.
3. If a member nation wishes to use support from the PEP's forces in a war two thirds of member nations must approve.
Article Four: Legislation
1. Any change or addition to the PEP may be made with a majority vote of all members.
Article Five: Membership
1. If a nation wishes to join the PEP, they must notify all members. If no member naion raises an objection within a week, the applicant will be admitted. If an objection is raised, a one week private or public discussion will take place, followed by a two day vote. A majority decides whether the applicant is admitted or not.
2. Member nations are allowed to leave at anytime.
Signed
Lei Makana
President of The United Democratic Isles of Dorab
HRH Theodore I
Emperor of Krystalveil
Absorn
President of Haivon
Members
Dorab
Haivon
Krystalveil
Jabberwocky
OOC: Tagging Free Earthian Yap
1. Trade is encouraged between PEP members.
2. Prices and taxation will be kept to a minimum to attract trade.
3. The exchange rate will be fixed between PEP members so, while each country has its own currency, the market will allow both free trade but some sort of independence.
4. Members are free to trade with other countries, but when imposing economic sanctions, it's expected that all PEP members acknowledge and respect these.
5. Of trade conducted between member nations, 30% will be conducted with no tariffs.
Article Two: Freedom of Travel
1. Member nations agree to exchange embassies and ambassadors.
2a. Citizens of member nations may travel between member nations as long as they have a passport or sufficent identification.
2b. If identification cannot be proven, travellers have the right to be escorted to their embassy.
2c. Travellers must be given at least 30 days to prove their identification before being forced to leave the embassy.
3. Member nations must provide cheap and direct travel to all other member nations.
Article Three: Military
1. Each member nation agrees to share at least 10% of their military forces with other nations in the PEP.
2. Member nations may not declare war against any other nation in the PEP.
3. If a member nation wishes to use support from the PEP's forces in a war two thirds of member nations must approve.
Article Four: Legislation
1. Any change or addition to the PEP may be made with a majority vote of all members.
Article Five: Membership
1. If a nation wishes to join the PEP, they must notify all members. If no member naion raises an objection within a week, the applicant will be admitted. If an objection is raised, a one week private or public discussion will take place, followed by a two day vote. A majority decides whether the applicant is admitted or not.
2. Member nations are allowed to leave at anytime.
Signed
Lei Makana
President of The United Democratic Isles of Dorab
HRH Theodore I
Emperor of Krystalveil
Absorn
President of Haivon
Members
Dorab
Haivon
Krystalveil
Jabberwocky
OOC: Tagging Free Earthian Yap
