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Bill: International Proposal: Alliance and Common Economic Area with Zardugal

Details

Submitted by[?]: Alleanza Radicale - NCD

Status[?]: passed

Votes: This bill is a resolution. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.

Voting deadline: June 4218

Description[?]:

Camilla Fiorenti, Minister of Foreign Affaris:

"I would like propose to you the Parliament to open a debate on this treaty: http://classic.particracy.net/viewtreaty.php?treatyid=3736 to create a common economic areaand a military alliance with Zardugal. A great opportunity to unify our efforts in many fields and gain greatest benefits.

Proposals

Debate

These messages have been posted to debate on this bill:

Date12:43:09, May 27, 2017 CET
FromPartito Moderato Centrodestra
ToDebating the International Proposal: Alliance and Common Economic Area with Zardugal
MessageMr. Speaker,

However we think international coperation is the way forward for the two nations, we think that a common currency is not in our best intrest. We shall not vote in favor for this treaty as long we have to give up sovereignity on our monetary policy.

Franscesco Monti
Whip RP - I.L.

Date13:38:31, May 27, 2017 CET
FromAlleanza Radicale - NCD
ToDebating the International Proposal: Alliance and Common Economic Area with Zardugal
MessageCamilla Fiorente, Minister of Foreign Affairs:

"Mr Monti, this is not a common currency, despite the name, it is only an unit of account to aid the currency of the two nations to harmonize and face the international market together, also to avoid shock and to assure major security and stability and to semplify the operation on the financial markets.
An Unit of account it is not a common currency. Istalia will maintain its Lira and Zardugal will maintain its Zardugal (OOC: the currency has the same name of the nation).
I'm sure that in this way our currency will be more stable and sure and also the financial markets I'm sure will be very interested by a stable financial markets which will be generated by this meausures. In fact the ZICU, after developements, the Government of Istalia and Zardugal hope that it could be used in international financial transactions, where its advantage was that securities denominated in ZICU will provide investors with the opportunity for foreign diversification without reliance on the currency of a single country


(OOC: It is not like the Euro at all, but it is more like the ECU https://en.wikipedia.org/wiki/European_Currency_Unit#Symbol, a way to easily armonize the budget provisions for the Alliance, stabilize the exchange rate between the currencies and also favorite the investment and financial transanction).

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Voting

Vote Seats
yes
     

Total Seats: 520

no
 

Total Seats: 115

abstain
 

Total Seats: 0


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