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Bill: R.I. 4419 - "Sanctions on the Kingdom of Vanuku [Phase:1]"
Details
Submitted by[?]: Nasjonalt Arbeiderparti 🌹
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: January 4420
Description[?]:
| Amidst Vanuku's use of a nuclear weapons in its conflict in Majatra, which has resulted in the deaths of 50,000 troops and the deaths of thousands of civilians at the hands of the nuclear fallout to follow, the government of Kazulia hereby imposes its initial round of economic sanctions on the Kingdom of Vanuku Article I: Investments and Trade into Vanuku Kazulian-based and non-Kazulian businesses introducing significant investments of an amount over 1,000,000 LOD shall be liable to receiving 3 out of 6 sanctions by the Kazulia. (1) denial of financial and economic assistance from Kazulia; (2) denial of export licenses for exports to companies originating from the nation in question; (3) prohibition on loans or credits from Kazulian financial institutions of over $1 million (4) prohibition on debt exchange by Kazulia (5) denial of Kazulian government procurement opportunities (6) a ban on all exports and imports from the nation in question Article II: Transport and Travel As it stands a travel advisory shall be imposed on the Kingdom of Vanuku. The movement of goods and services to Kazulia from Vanuku and vice-versa shall be banned. Article III: Offshore Accounts Taxation Act Compliance with the Offshore Accounts Taxation Act is important to any nation seeking to conduct any form of trade within the Dovani markets. OATA acts as a government outreach into financial institutions with either Kazulian connections or financial institutions with Kazulian account holders. The act aims to tax the assets of Kazulian citizens within said financial institutions as a means of curbing efforts of tax evasion. By allowing a Kazulian account holder to evade taxes a nation's government opens itself to be introduced to the Stordalen Blacklist of nations who will be viewed as money laundering safe-havens and could possibly receive sanctions. |
Proposals
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||
| yes | Total Seats: 322 | |||
| no |
Total Seats: 128 | |||
| abstain | Total Seats: 0 |
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| Random quote: "Our liberty depends on the freedom of the press, and that cannot be limited without being lost." - Thomas Jefferson |