South Majatra Economic Cooperation Organization (SOMECO)

[Auditorii]

South Majatran Economic Cooperation Organization
Standard Majatran: Munazzamat Al-Ta‘āwun Al-Iqtiṣādī li-Majātrā Al-Janūbiyyah
Deltarian: Organizacija ekonomske suradnje Južne Majatre

The South Majatran Economic Cooperation Organization, commonly called SOMECO, is an economic cooperation organization founded in March 5622 by the Grand Empire of Deltaria and the Majalite Kingdom of Kafuristan.

SOMECO consists of three primary organs:

• South Majatran Economic Council (SOMEC) - Governing council comprise of heads of state/government or their representatives which oversees the entire organization and approves the budget. The SOMEC meets on an annual basis rotating between member state capitals.
  
• South Majatran Commission (SOMAC) - Day-to-day operators of SOMECO, lead by a Chairman appointed by the SOMEC for a 5 year term. It includes 5 additional commissioners with specific areas of expertise. SOMAC is based out of Branovice, Deltaria.
  
• South Majatran Court of Disputes (SOMCOD) - An arbitration body designed to handle disputes between member states or issues that arise within the organization itself. It contains 10 independent judges, appointed by the Chairman of the South Majatran Commission for a period of 10 years; as of the organizations founding it has 5 members from Deltaria and 5 members from Kafuristan.
  

Member states

• Grand Empire of Deltaria (Founding member, March 5622)
  
• Majalite Kingdom of Kafuristan (Founding member, March 5622)