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[NEWS] The Latin America Economic Alliance formed
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Deckwash900 is in News
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To help keep peace and promote social/economic/technological growth, several nations have agreed and sign the charter to the LAEA.

Latin America Economic Alliance

Charter 1: Full members

Section 1: Governing the alliance

Article 1: Alliance senate

  1. Each state that is part of the alliance will have 2 elected officials to vote on all proposals (building projects, laws, membership, ect.)

  2. Senators will have elections every 4 years

Article 2: Voting

  1. For a proposal(building projects, laws, membership, ect.) to pass, it requires a 66% 'yay' vote

  2. Senators can vote 3 different ways, 'yay', 'nay', and 'abstain'

Article 3: Yearly meetings

  1. Yearly (January) there will me an annual LAEA meeting

  2. This meeting will have a recap of last year as well as a section to vote on and propose projects for the upcoming year

Section 2: Economic alliance

Article 1: Loans

  1. Any nation is obligated to give loans to any other in need financial assistance (The exact price of the loans can be worked out later in sets or customized)

  2. Besides a single nation giving loans, a multiple of nations can give smaller loans

Article 2: Building projects

  1. Building projects (such as bridges, highways, power-plants, buildings, ect) will be strongly promoted between member states

  2. As said before in s1a3p2 (Section 1, Article 3, Point 2) building projects will be proposed and voted on for the upcoming year

Article 3: Independent alliance funding

  1. To help promote peace and prosperity in Latin America, members of the alliance are encouraged to give funding to the alliance to support independent (not member state controlled) building projects or social policies

Section 3: Military alliance

Article 1: Declaring war

  1. Declaring war is to be looked down upon in the alliance and is strongly suggested against. It weakens the economy

  2. However, contradictory to Point 1, war is allowed in specific environments. If there lies no other options and there will have little effect no effect on the Latin American economy war is allowed

Article 2: Defensive pact

  1. Any declaration of war to a member of the LAEA will be seen as a declaration of war to the entire alliance

Section 4: Technological alliance

Article 1: civilian technology

  1. All civilian technology (such as cars, trains, and medical objects) will be shared between members

  2. Point 1 is also retroactive

Article 2: Military technology

  1. Military is strongly advised to share between members, but is not enforced

There are some exceptions to these rules however, Argentina and the RFC will withhold from the defensive pact until further notice.

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9 years ago