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Freer Trade Act of 2015

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Freer Trade Act of 2015 Empty Freer Trade Act of 2015

Post by MidEastFederation Fri Jun 05, 2015 2:17 pm

The Freer Trade Act of 2015

1. Hereby decrees that member states of the Global Federation shall not impose a tariff on each other that is above 15%.

2. Hereby actively encourages member states to trade with each other and increase exports and imports.

3. Hereby installs the 'United Commission of Trade', to monitor global trade, to promote global trade, and to insure safety of global trade.
3b. The United Commission of Trade shall be abbreviated 'UCT'
3c. UCT headquarters shall be in the author nation of the Mid East Federation, In Tel Aviv.
3d. UCT shall operate a consulate in each nation of the world.
3e. Nations of the world are to give 0.05% of their GDP to the UCT as membership fees annually.
3f. Nations of the world may delay payment of membership fees for a maximum of 3 years if they are unable before being removed.
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Post by Apocryphi Fri Jun 05, 2015 2:36 pm

MidEastFederation wrote:3f. Nations of the world may delay payment of membership fees for a maximum of 3 years if they are unable before being removed.
3f implies that nations are not obligated to join in the act? Just to clarify is membership voluntary or is this a regionwide law?


Last edited by Apocryphi on Fri Jun 05, 2015 2:38 pm; edited 1 time in total (Reason for editing : Shortened Quote)
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Post by MidEastFederation Fri Jun 05, 2015 3:00 pm

Apocryphi wrote:
MidEastFederation wrote:3f. Nations of the world may delay payment of membership fees for a maximum of 3 years if they are unable before being removed.
3f implies that nations are not obligated to join in the act? Just to clarify is membership voluntary or is this a regionwide law?

All nations that vote in favor of this will be added, membership is voluntary.
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Post by Lockdownn Fri Jun 05, 2015 3:02 pm

I would advise something to be added in there pertaining to international conflict. The relationships between nations may vary worldwide so membership for everyone isn't entirely feasible.
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Post by MidEastFederation Fri Jun 05, 2015 3:07 pm

Lockdownn wrote:I would advise something to be added in there pertaining to international conflict. The relationships between nations may vary worldwide so membership for everyone isn't entirely feasible.

Indeed that is why their is no articles on the possibility of embargo, etc. So if a nation goes at war they are free to do whatever they want to block trade with their rival, however it will be frowned upon by the commission.
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Post by Apocryphi Tue Jun 23, 2015 12:23 pm

'tis a shame this legislation has been left derelict.
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Post by Lockdownn Sat Jul 25, 2015 2:17 am

If the original poster does not intend to pursue this then I'll archive~

But..I'll contact first.

Unless someone else would like to pick this up.
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Post by Lockdownn Tue Sep 08, 2015 8:51 pm

Suggested proposal locked and archived due to author CTE.

If they wish to pick this up once again then they may contact me or another mod to unlock.
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