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Establishing charter of the Association of Petroleum Producing States (APPS)

This treaty was drafted in December 4741 by the Jezvraljogadsrlji Lofrkadés (VM).

Status: ratification[?]

Description[?]

Preamble
The signatory nations, initially to be the Kingdom of Vanuku, Republic of Jakania and the Republic of Kafuristan hereby agree to creation of the Association of Petroleum Producing States (APPS). The purpose of APPS will be the fixation of oil prices and the establishment of mutual agreements on oil related activities such as producing.

Article I- Oil Prices
The signatory nations will come together once a year to partially determine the price at which the signatory nations will sell their produced oil. Signatory nations can, during these discussions, also decide not to set a fix price

Article II- Oil Production
The signatory nations will come together once a year to determine the maximum amount of oil that may be produced by signatory nations for that year. Signatory nations will have to abide by these agreements

Article III- Fossil Fuel Cooperation
Signatory nations will work together in improving their Fossil Fuel production by interchanging advisors and other advisory help as well as equally share technology related to oil extraction

Articles[?]

The treaty consists of the following articles.

Ratifiers[?]

The treaty has been formally ratified by the following nations.

NationDate

Pending Ratifications

Compliance[?]

The treaty contains no articles that can be verified.

Ratification

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Ratification Map

Ratification Map


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