Difference between revisions of "ECON Free Trade Agreement"

Revision as of 05:51, 29 October 2004

The ECON Free Trade Agreement, or simply ECON, establishes free trade between its member nations through reduction and elimination of barriers to trade and investment. Between the member nations, all tariffs on trade are revoked, and the movement of labor is streamlined.

ECON is one of the Autonomous Regional Organizations within the Meritocracy. The name ECON stands for the Economic Community of Nations.

History

The history of ECON begins with the Aesculapius-Wolfsreich Free Trade Agreement. When Freedomnia joined the Agreement as well, the name was changed to ECON, and the other nations of the Meritocracy were invited to join the Agreement.

Alderman

The leader of ECON is referred to as the Alderman.

The first Alderman was Senator Primero Lucianno from Aesculapius. His successor is Senator Jonas Koroghun from Corintur.

Member nations

Membership of ECON is open to all residents of the Meritocracy, subject to 2/3 vote of approval by the current member nations. The primary criteria on the acceptance of the applicant nation are the strength of its economy and its dedication for the economical freedom.

Founding members

• Aesculapius
• Wolfsreich
• Freedomnia

Nations that joined subsequently

• Sogno - vote suspended
• Nuclear Industrial
• New Clarkhall - vote suspended
• Corintur
• Hipposhire
• Britishpeoples
• Sarda
• Glasguensis
• Ars Longa
• Yoco
• Christian Falangists
• Argyres
• International Racing

External links

• The Meritocracy: ECON Free Trade Agreement - The Charter