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The '''Terraconserva Economic Union (TEU)''' is a free market and mutual cooperation union consisting of three full member nations, [[Quebecshire]],[[Terranihil]] and [[Willdavie]], and one temporary nation, [[Morova]]. The union was estabished to promote trade and friendliness among nations with limited international relations. Morova is currently a temporary member pending approval for full entry into TEU; Terranihil and Willdavie require Morova to maintain peaceful relations with other nations for an extended period of time before it can become a full member.  
The '''Terraconserva Economic Union (TEU)''' is a free market and mutual cooperation union consisting of three full member nations, [[Quebecshire]],[[Terranihil]] and [[Willdavie]], and one temporary nation, [[Morova]]. The union was estabished to promote trade and friendliness among nations with limited international relations.  


== Creation ==
== Creation ==

Revision as of 04:08, 17 February 2020

Terraconserva Economic Union
Union Économique de la Terre-Conservée
Alambar Úvvengar er Terakonserva
Террацонсерва Экономический Союз
Union Économique de Terreconserve
Flag of Union Économique de la Terre-Conservée Alambar Úvvengar er Terakonserva Террацонсерва Экономический Союз Union Économique de Terreconserve
Flag
Aeu-map.png
Headquarter Lévis    
Official languagesDavinish, Morovan, Quebecshirite, Terranilian
TypeFree Trade Organization
Nations 4 (1 temporary member)      
Leaders
EstablishmentFebruary 2, 2020

The Terraconserva Economic Union (TEU) is a free market and mutual cooperation union consisting of three full member nations, Quebecshire,Terranihil and Willdavie, and one temporary nation, Morova. The union was estabished to promote trade and friendliness among nations with limited international relations.

Creation

The TEU was created on February 2nd in Lévis, Willdavie when leaders from Willdavie, Terranihil and Morova met to create the union. After establishing relations with the Terranilian-Willdavisian Trade Agreement, Willdavie and Terranihil decided to form a closer union open to other nations.

Trade Specifications

Similar to the Terranilian-Willdavisian Trade Agreement, Terranihil will trade petroleum, plastics and chemicals, Willdavie will trade weapons and technology, and Morova will trade oil and weapons.

Member Nations

TEU Member States
Member State Status Date of Admission
Morova Temporary February 2nd, 2020
Quebecshire Full February 16th, 2020
Terranihil Full February 2nd, 2020
Willdavie Full February 2nd, 2020

Meetings

February 2, 2020

This was the founding meeting where delegations from Terranihil, Willdavie and Morova met in Lévis to create the union. They discussed the specific goods each nation would trade, free travel between eachother, and non-agression. The Terranilian and Willdavisian delegations informed the Morovans that their country would be put under temporary status for five months; this was done because Willdavie had concerns regarding Morovan support for terrorism. The Morovans agreed to the terms, and the three nations offciated the union with a charter written before hand by Terranihil and approved by Willdavie.

February 16, 2020

All member nations, as well as Quebecshire, were invited to Lévis to discuss the entry of Quebecshire into the Union. The Quebecshirite ambassador requested that the charter be amended to require a unanimous vote by full members for the entry of new nations into the Union as full members, ejection of full members, and amending the charter. The ambassador also requested that the 4th article, which allows free travel without a visa among member nations, to be abolished. Both Terranihil and Willdavie agreed to these terms, and both voted "YES" to accepting Quebecshire into the Union.

Charter

Preamble

This charter hereby establishes the Terraconserva Economic Union, TEU for short, and all member nations must abide by these terms.

First Article

Member nations are defined as any nation bound by this charter. Full member nations are nations that have completely been accepted into the union and have full voting rights. Temporary member nations are nations that are on a five month assessment period and are pending approval by full member nations. Non-member nations are nations that are not part of the TEU.

Second Article

All member nations will allow free trade with each other; no tarrifs will be placed on goods traded with each other.

Third Article

All member nations will show no militaristic agression towards each other.

Fourth Article

Any full member nation can nominate another non-member nation for either temporary membership or full membership. Full member nations will vote on the nomination. If the non-member nation is nominated for temporary status, a simple majority vote is required for admission. If the non-member nation is nominated for full status, unanimous agreement is required for admission.

Fifth Article

After a nation has been a temporary member for five months, full member nations will vote on whether to accept the temporary member nation as a full member. Unanimous agreement by full members is required. If unanimous agreement is not met, a second simple majority vote will take place on whether to keep the temporary member in temporary status for longer or completely eject them.

Sixth Article

Any full member nation can nominate another full member nation for ejection; a vote will ensue that requires unanimous agreement by full members other than the nominated nation to pass. Any full member nation can nominate another temporary member nation for ejection; a vote will ensue that requires a simple majority to pass.

Seventh Article

Any full member nation can propose amendments to this charter. Amendments will pass with unanimous agreement by full member nations.