Welcome Guest [Log In] [Register]
Welcome to Panessos Regional Forums. We hope you enjoy your visit.

Panessos is a region within the politics-related, nation simulator, NationStates. A freely available, browser-based game, Panessos is a region of steady growth focussing on quality role-play (RP), literature, imagination and fun. While we are limited in who we invite to join us, we welcome any expressions of interest to the region itself and invite you to join our forums to have some fun, regardless of whether you're in the region or not.

You're currently viewing our forum as a guest. This means you are limited to certain areas of the board and there are some features you can't use. If you join our community, you'll be able to access member-only sections, and use many member-only features such as customizing your profile, sending personal messages, and voting in polls. Registration is simple, fast, and completely free.


Join our community!


If you're already a member please log in to your account to access all of our features:

Username:   Password:
Poll Only
What is your vote on the following issue?
For 4 (66.7%)
Abstain 0 (0%)
Against 2 (33.3%)
Total Votes: 6
Free Trade Act [PASSED]
Topic Started: Oct 11 2013, 05:22 PM (263 Views)
Libraria and Ausitoria
Member Avatar
Prime Minister & Speaker of the Senate

In the interest of general economic stimulus, for your consideration:


Posted Image

The Free Trade Act

Desirous of ensuring profitable trade and competition between our nations, and
Determined to bring down the barriers to mutual prosperity,

THE SENATE OF PANESSOS ASSEMBLED hereby:
1. Directs all nations involved with the regional government within Panessos to:
a. Inform the Legislative when participating in this or other regional government activities,
b. Effectively prohibit all persons within their Jurisdiction(s) from discriminating against:
i. Assets and persons moving within or from each other's Jurisdiction(s), versus
ii. Assets and persons native to their own Jurisdiction(s),
c. Accept assistance, should it be offered, from other Member Nations in effecting such prohibition,
d. Advise and co-operate with each other regarding changing monetary, fiscal, and economic circumstances within their nation; and
2. Directs the Minister of Economics and Trade to report to the Legislative frequently on which Member Nations are in compliance with this trade agreement, and make suggestions for how other economic advancements might be made.


Comments and suggestions are welcome as always. You will find the basis of this proposal to the be the same as that used by the WA's trade agreement, so most nations are already bound by this proposal.

OLD VERSION:
1. Directs all nations involved with the regional government within Panessos to:
a. Inform the Senate when they are participating in Regional Government,
b. Effectively prohibit all persons within their Jurisdiction(s) from discriminating against:
i. Assets and persons moving within or from each other's Jurisdiction(s), versus
ii. Assets and persons native to their own Jurisdiction(s),
c. Accept assistance, should it be offered, from other nations in effecting such prohibition,
d. Advise and co-operate with each other regarding changing monetary, fiscal, and economic circumstances within their nations; and
2. Directs the Minister of Economics and Trade to report to the Senate frequently on which nations are in compliance with this trade agreement, and make suggestions for how other economic advancement might be made.
Offline Profile Goto Top
 
Libraria and Ausitoria
Member Avatar
Prime Minister & Speaker of the Senate

No comments? Nobody defending their national interests/industries? Come on, there must be some opposition to such a blatantly laissez-faire capitalist proposal.
Offline Profile Goto Top
 
Gillenor
Member Avatar
Administrator

Im still just reading it through and reviewing it.
Offline Profile Goto Top
 
Naybra
Member Avatar
Minister of Internal Affairs

May you explain Section 1.B? I'm a little confused.
Offline Profile Goto Top
 
Libraria and Ausitoria
Member Avatar
Prime Minister & Speaker of the Senate

Certainly. It criminalizes discrimination based on country of origin of the goods/services/persons relative to your own country's goods/services/persons, making a proper open market.
Offline Profile Goto Top
 
Nerod
Member Avatar
Emperor of the GNNE.

Then, as MoET, I will say I don't like this law, because in my point of view it may take away some liberty from some countries or some countries companies.
Offline Profile Goto Top
 
Diablo
Member Avatar
Member

I am not sure I like this. My country is is currently enjoying a strong economy and section 1.B could possibly have a detrimental for us.
Offline Profile Goto Top
 
Libraria and Ausitoria
Member Avatar
Prime Minister & Speaker of the Senate

Perhaps I should explain my reasoning for this trade proposal.

Free trade can come in two forms: first, no tariffs.
Second, free competition/no unfair advantage.

The second is better to reward those who are efficient and innovative. Nations which prop up their exports by currency manipulation/subsidies/unsafe workplaces have an unfair advantage in a world with no tariffs. But nations which can out-innovate their competitors in spite of high exchange rates, high taxes, high workplace standards, and the like will have an advantage from free competition, which will ultimately bring prices down more.

The second model is the model the WA uses at the moment.
Offline Profile Goto Top
 
Naybra
Member Avatar
Minister of Internal Affairs

Suggestions as of now...

1. Directs all nations involved with the regional government within Panessos to:
a. Inform the Legislative when participating in regional government,
b. Effectively prohibit all persons within their Jurisdiction(s) from discriminating against:
i. Assets and persons moving within or from each other's Jurisdiction(s), versus
ii. Assets and persons native to their own Jurisdiction(s),
c. Accept assistance, should it be offered, from other Member Nations in effecting such prohibition,
d. Advise and co-operate with each other regarding changing monetary, fiscal, and economic circumstances within their nation; and
2. Directs the Minister of Economics and Trade to report to the Legislative frequently on which Member Nations are in compliance with this trade agreement, and make suggestions for how other economic advancements might be made.

*Which WA Resolution does this follow?
Offline Profile Goto Top
 
Libraria and Ausitoria
Member Avatar
Prime Minister & Speaker of the Senate

It follows Resolution no. 209, which is one of the really nice bits of the WA.

Your suggestions shall all been adopted, although I shall change 1a slightly to reflect Constitutional modifications.
Offline Profile Goto Top
 
Libraria and Ausitoria
Member Avatar
Prime Minister & Speaker of the Senate

Thank you, modifications made.

Any further comments/suggestions? If not, could forum administration please add a poll tomorrow?
Offline Profile Goto Top
 
Diablo
Member Avatar
Member

I am happy with the amendment. No objections here
Offline Profile Goto Top
 
Naybra
Member Avatar
Minister of Internal Affairs

Poll added.
Offline Profile Goto Top
 
Ghant
Member Avatar


Diablo
Oct 16 2013, 06:22 AM
I am happy with the amendment. No objections here

^This.
Offline Profile Goto Top
 
Libraria and Ausitoria
Member Avatar
Prime Minister & Speaker of the Senate

Motion carried 4-0-2.
Offline Profile Goto Top
 
1 user reading this topic (1 Guest and 0 Anonymous)
« Previous Topic · Legislative Library · Next Topic »
Poll Only