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Establishment of the Majatran Economic Association (4704)

This treaty was drafted in May 4704 by the Deltarijanska Demokratska Unija - HD.

Status: ratification[?]

Description[?]

Upon ratifying this treaty its member states will abide by its articles and provisions. Member states can leave the organization by a vote in their national parliament

Article 1 "Structure"

-Member states send their nations finance minister to a summit each year to discuss economic developments and possibly discuss alligning economic policy between the different nations (such as interest rates)

-The HQ of the MEA is situated in Cahtice, Deltaria

-The member states elect a new MEA Chairman every 5 years. Every member state gets one vote

-The MEA Chairman visits member states to discuss economic policy and maintain good relations between the different nations

-There is a MEA Council consisting of the finance ministers of the member states tasked with advicing and checking on the conduct of the Chairman. The MEA Chairman is the chairperson of the council


Article 2 "MEA Fund"

-Every member state will contribute 100 million LOD annualy to the MEA Fund

-The MEA Fund is controlled by the MEA Council and its organization. The Council decides where the money is spend

-Money of the MEA Fund can only be spend on big infrastructural projects, development projects and humanitarian projects in member states


Article 4 "Free Trade"

-Member states will ensure free trade between one another

-Member states will not put tarrifs on eachothers products and services

-Member states will put effort into increasing trade between one another



The other articles below are to ensure that trade is conducted fairly and every member state treats eachother fairly.

Articles[?]

The treaty consists of the following articles.

Ratifiers[?]

The treaty has been formally ratified by the following nations.

NationDate
Respubliko de Zardujo (Zardugal)March 5293
Gran Prinċipat ta’ Kildanja (Cildania)May 5289
Jamahiriat al-Qalb (Kafuristan)March 5289
Imārat-i Ahmādī-yi Sahel / Ahmadi Emirate of Solentia (Solentia)March 5259
Repubblica Istaliana (Istalia)April 5063
Dewleta nû ya Barmenia (Barmenistan)June 4769

Pending Ratifications

Compliance[?]

The following nations (18 in total) are not in compliance to the articles outlined in this treaty.

The following nations (40 in total) are in compliance.

Ratification

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Ratification Map

Ratification Map


Random fact: Before creating a party organisation, check to see whether there are any existing organisations which cover the same agenda.

Random quote: "I'll see you in the Palace in Kivonia once we win this war... and I'm ecstatic to be the one to execute you. Sleep well." - Queen Annalise, former Telamonese monarch

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