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+----- Thread: Aldegar: Seleyan Economic Community (/thread-448.html)
Aldegar: Seleyan Economic Community - Elena1012 - 19-05-2025
Seleyan Economic Community (SEC) - Free Trade Agreement
This treaty establishes a comprehensive Seleyan Economic Community creating a free trade area which ensures the free movement of goods, capital, services, people and labour.
ARTICLE I - Membership
Full membership shall only be afforded to those nations present within the continent of Seleya. Separate affiliate membership may be granted to other nations upon agreement of member states. The extent to which affiliate nations subscribe to the treaty should be negotiated on a case-by-case basis.
ARTICLE II - Free Movement of Goods
Signatory states shall not place any tariffs on imports or exports upon any goods being traded between members of this treaty. The trade of goods between nations should be unhindered and uninterrupted.
ARTICLE III - Free Movement of Capital
Companies registered within a signatory state should not be prohibited from trading in any other signatory state. Foreign companies from signatory nations should be subject to the same registration process as domestic companies, and should undergo the same level of taxation as domestic companies.
ARTICLE IV - Free Movement of Services
Companies and individuals should not be prohibited from offering services which are ordinarily legal in a signatory state. This extends to protecting companies against irregular taxation. Protections should however be offered to nationalised companies, which may take priority over foreign companies at the discretion of national governments.
ARTICLE V - Free Movement of People
All individual nationals belonging to a signatory state should be afforded reasonable unhindered movement into any other signatory state. Reasonable unhindered movement allows regular border controls to still be enforced, however no individual from a member state should be targeted or denied entry because of their nationality. All nationals should also be offered indefinite leave to remain within any other signatory state unless there are reasonable grounds for their removal, such as crime.
ARTICLE VI - Free Movement of Labour
All individual nationals residing in another signatory state shall be granted the right to equal employment opportunities in any other signatory state. No employment discrimination against foreign nationals belonging to signatory states, legal or otherwise, should be tolerated.
ARTICLE VII - Friendship
For economic purposes, all signatory states should promise friendship with other nations subscribed to the treaty. This means that in the case of war between two or more signatory nations, all would be temporarily suspended from the agreement until the formal end of war.
ARTICLE VIII - Aims and Goals
The purpose of this agreement is to encourage economic cooperation and collective economic growth between Seleyan nations. All actions performed under the basis of the treaty should be performed with this in mind.
ARTICLE IX - Administration
A small administrative body, the Seleyan Economic Service (SES), shall be established to oversee the correct application of the treaty across the continent, acting to aid signatory states in its implementation and continuation. The SES shall operate out of a central office in Ciudad de Gadur, Gaduridos. Representatives of all member states should meet at least once a year in an agreed upon location to discuss the progress made toward the aims and goals of the SEC.
ARTICLE X - Amendments
All amendments to this treaty must be ratified by the governments of all signat
ory states before taking effect.
RE: Seleyan Economic Community - Doc - 20-05-2025
Kalistan joins this treaty on August 10, 5643 by Acclamation in the National Assembly.
Kalistan is exiting this Treaty as of December 31, 5719, as per Imperial Fiat.