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Comprehensive Free Trade Agreement (WDEA-Hutori Free Trade Agreement)
This treaty was drafted in January 4695 by the Nasjonalt Arbeiderparti 🌹.
Status: ratification[?]
Description[?]
| This agreement is signed between the Western Dovani Economic Area and the Commonwealth of Hutori and must be ratified by their respective Legislative branches. 𝘼𝙧𝙩𝙞𝙘𝙡𝙚 1: 𝙅𝙪𝙨𝙩𝙞𝙘𝙚 𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝐀 - 𝐀𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭 𝐨𝐟 𝐫𝐞𝐜𝐢𝐩𝐫𝐨𝐜𝐚𝐥 𝐞𝐱𝐭𝐫𝐚𝐝𝐢𝐭𝐢𝐨𝐧 The signatory countries will form a Joint Commission on Transnational Justice and Extradition, with 5 members from each state a piece and with the mandate to handle, review and decide the requests for extradition between the two parties. 𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝐁 - 𝐄𝐥𝐢𝐦𝐢𝐧𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐯𝐢𝐬𝐚 The signatories will commit to eliminate the visa requirement for citizens of Hutori and the WDEA nations. 𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝐂 - 𝐃𝐢𝐬𝐜𝐫𝐢𝐦𝐢𝐧𝐚𝐭𝐢𝐨𝐧 𝐩𝐫𝐞𝐯𝐞𝐧𝐭𝐢𝐨𝐧 𝐜𝐥𝐚𝐮𝐬𝐞 The signatory countries shall not discriminate against the citizens of any other signatory nation for ethnic, religious or political reasons or any other issue of a personal or public nature. ◙ The registration requirement on these personal matters is eliminated for the citizens of the other country. ◙ If there is one already registered, it will be removed from the database at the request of the person concerned. ◙ This point will be independent of the national legislation, with the except for the citizens of the another signatory country in question. 𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝐃 - 𝐖𝐨𝐫𝐤𝐞𝐫𝐬 𝐑𝐢𝐠𝐡𝐭𝐬 The signatory countries pledge to maintain the rights of workers as established underneath this agreement ◙ Freedom of association and the effective recognition of the right to collective bargaining ◙ The effective abolition of exploitative child labour might it be direct or indirect ◙ The elimination of discrimination in respect of employment and occupation ◙ The elimination of all forms of forced or compulsory labour 𝘼𝙧𝙩𝙞𝙘𝙡𝙚 ２： 𝘾𝙤𝙤𝙥𝙚𝙧𝙖𝙩𝙞𝙤𝙣 𝙞𝙣 𝙀𝙙𝙪𝙘𝙖𝙩𝙞𝙤𝙣 𝙖𝙣𝙙 𝙎𝙘𝙞𝙚𝙣𝙘𝙚 𝗦𝗲𝗰𝘁𝗶𝗼𝗻 𝗔 - The nations of the WDEA will commit to providing grants for university students exchanges originating from Hutori, promoting Masters, doctorates, internships, practical experiences and training within universities, laboratories and domestic institutes (and vice-versa) 𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝐁 - The signatory nations will commit to promoting science and research, through the Terran Society for the promotion of science (national agency of science and technology), affiliating and sponsoring local research centres of both the WDEA and Hutori, generating projects in common, exchanges of bibliographic-didactic material and research works between both. 𝘼𝙧𝙩𝙞𝙘𝙡𝙚 3: 𝙀𝙘𝙤𝙣𝙤𝙢𝙞𝙘 𝙖𝙣𝙙 𝙞𝙣𝙫𝙚𝙨𝙩𝙢𝙚𝙣𝙩 𝙖𝙜𝙧𝙚𝙚𝙢𝙚𝙣𝙩𝙨 𝗦𝗲𝗰𝘁𝗶𝗼𝗻 𝗔 - The Governments of the respective nations of the WDEA and Hutori will cooperate for productive and social investment. 𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝐁 -The credits will be executed under the coordination of development and domestic investment institutions of the WDEA (and Hutori) and will require that Hutori (and the WDEA) open an account in such institutions and comply with the minimum requirements. ◙ The aid international agreements will be carried out by the Ministry of Foreign Affairs or the body that it designates. ◙ The Governments of the respective nations of the WDEA will commit not to seize, freeze, confiscate or close accounts of the Government of Hutori and vice-versa. 𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝐂 - Hutori and the WDEA are obligated to inform each other about the bank accounts of individuals, organisations and/or companies from the other nation/economic area in financial institutions in their jurisdiction, thus allowing for taxation of said accounts 𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝐃 - Both countries agree not to expropriate, close, liquidate transnational companies (based in the other signatory country) for a minimum of 10 years since the original investment, or expansion about 15% and to avoid these practices with these companies. 𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝐄 - For the resolution of any disputes between companies and the host countries, the signatory nations accept to recognise to the investors the right: ◙ to demand and carry out friendly consultations between the parties. ◙ to apply to the judiciary of the host nations if the friendly consultations failed. ◙ to submit to international arbitration the dispute after 18 months from the beginning of the dispute process. About the international arbitration the signatory countries accept to satisfy the claiming investors bringing the issue to face an Investor-State Dispute Settlement (ISDS), an international public law trade arbitration court in front of which the investors will be able to bring to trial the dispute. The Parties shall agree to choice jointly a judge to conduct the trial and are free to choice their legal representatives (one for each party) . The ISDS will be governed by the International Public Law and the International Trade Law. The host countries undertake to consider binding the judgements given by the arbitration. 𝘼𝙧𝙩𝙞𝙘𝙡𝙚 4 - 𝘽𝙞𝙡𝙖𝙩𝙚𝙧𝙖𝙡 𝙩𝙧𝙖𝙙𝙚 𝙖𝙜𝙧𝙚𝙚𝙢𝙚𝙣𝙩𝙨 𝗦𝗲𝗰𝘁𝗶𝗼𝗻 𝗔 - The WDEA and Hutori both guarantee the free movement (including the exemption from taxes, duty and fees) of these products or services provided by companies of both WDEA and Hutorian origins:- 𝙎𝙚𝙧𝙫𝙞𝙘𝙚𝙨 𝙖𝙣𝙙 𝙢𝙖𝙣𝙪𝙛𝙖𝙘𝙩𝙪𝙧𝙞𝙣𝙜 Software, security, Cars, chemical products, crude oil, natural gas, planes, polymers, telephones (including smartphones, laptops, PCs and consumer goods), Medical service and supplies, pharmaceutical drugs, weapons and military products, satellite services (included licenses about exploration and exploration with Peaceful Uses Outer Space), international Shipping (e-commerce included), air-travels (open skies policy for airlines), sea-travels, train service, capital goods, ICT systems and services, financial services and media service. 𝘼𝙧𝙩𝙞𝙘𝙡𝙚 5 - 𝙒𝙞𝙩𝙝𝙙𝙧𝙖𝙬𝙖𝙡 𝙖𝙣𝙙 𝙊𝙥𝙩𝙞𝙣𝙜 𝙊𝙪𝙩 𝗦𝗲𝗰𝘁𝗶𝗼𝗻 𝗔 - 𝗢𝗽𝘁𝗶𝗻𝗴 𝗢𝘂𝘁 Should any of the nations of the WDEA or Hutori dictate it necessary that they should no longer be privy to the articles of this agreement and thus would request to be excluded from the business being conducted through/within this agreement, the nation in question should inform the respective parties of a decision to withdraw or opt out of the articles of the agreement. |
Articles[?]
The treaty consists of the following articles.
Ratifiers[?]
The treaty has been formally ratified by the following nations.
| Nation | Date |
| Kingdom of Hutori (Hutori) | April 4706 |
| Royaume Uni de Lourenne (Lourenne) | April 4697 |
Pending Ratifications
Compliance[?]
The treaty contains no articles that can be verified.
Ratification
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Ratification Map
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