North Seleyan Economic Community (NSEC)
This treaty was drafted in November 4081 by the National Labour Party.
The signatory nations, initially to be the 2nd Great Republic of Lodamun, the Federal Republic of Likatonia, the United Republic of Kalistan and the Valruzian Kingdom, hereby agree to creation of the North Seleyan Economic Community (NSEC). The prupose of the NSEC shall be to promote friendship, and cooperation both economically and culturally.
Article I- Diplomatic Exchange
All signatory nations agree to engage in regular exchange of Ammbassadors, and their staff, with one another. Embassies shall be established in line with the respective host nations laws and provisions. Furthermore, regional Consulates shall be established within each region to enhance the work of the Ambassador.
Article II- Free Trade
There shall exist a state of free and unhindered trade between all signatory nations. Signatory nation governments agree not to establish tariffs, quotas, or taxes on any imports or exports that flow between them. This shall extend to all economic activity, including goods, services, and labour. This article also covers financial instruments, specifically monetary purchases and purchases of bonds.
Article III- Cooperation
Signatory nations shall agree to work together, wherever possible, in order to achieve technological and scientific advancement. By recognising that we achieve more by cooperating than we do individually, nations agree that it is beneficial to all to collaborate.
Article IV- Sovereignty
Despite promoting cooperation wherever possible, all signatory nations shall also agree to respect the national laws of their fellow nations wherever possible. All shall recognise that each other nation is sovereign and independent and their authority over their own citizens shall not be infringed.
Article V- Cultural Exchange
All signatory nations agree to the hosting of a 'cultural exposition' on a revolving basis, once every five years. The exposition shall represent the arts, technology, sports and culture of all nations involved. Whilst the exposition is ongoing, nations agree to reduce barriers to attendance in any way possible- chiefly by opening borders and by reducing the cost of international travel.
Article VI- Further Expansion
Although the nations named explicitly above are the initial founders of the community if other nations wish to sign, they are bound by the articles outlined within it and shall receive the full privileges that it offers.
The treaty consists of the following articles.
The treaty has been formally ratified by the following nations.
|Regnum di Klavia Okeanó (Kingdom of Klavia Okeano)||July 4349|
|Federal Republic of Mordusia||November 4344|
|2nd Great Democratic Republic of Lodamun||December 4315|
|Rzeczpospolita Walruzyjska (Republic of Valruzia)||November 4267|
|République de Rildanor (Republic of Rildanor)||December 4158|
|République Populaire Aldurienne (Aldurian People's Republic)||July 4155|
|Federal Union of Gaduridos||October 4142|
|República Democrática do Tukarali||June 4132|
|セコウォの帝国 (Empire of Sekowo)||February 4125|
|United Republic of Kalistan||September 4082|
The treaty contains no articles that can be verified.
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