East Oriental Trade Agreement: Difference between revisions

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The East Oriental Trade Agreement is a trilateral trade agreement between the states of [[Cashar]], [[Esonice]], [[Iverica]] (and by extension [[New Iberium]]). One of its primary goals is the reduction in tariffs to a net zero per industry every decade.
{{Eurth stub}}


==History==
The '''East Oriental Trade Agreement''' is a trilateral trade agreement between the states of [[Cashar]], [[Esonice]], [[Iverica]] (and by extension [[New Iberium]]). One of its primary goals is the reduction in tariffs to a net-zero per industry every decade.


*1967 - Summit
== History ==


*1969 - Formation
* 1967 — Summit
* 1969 — Formation
* 1974 — EOTA “First 5-Years” Convention
* 1979 — EOTA 1st Decade Convention
* 1989 — EOTA 2nd Decade Convention
* 1997 — Controversy
* 1999 — EOTA 3rd Decade Convention
* 2009 — EOTA 4th Decade Convention
* 2019 — EOTA 5th Decade Convention


*1974 - EOTA "First 5-Years" Convention
== Provisions ==


*1979 - EOTA 1st Decade Convention
* Tariff Reductions — At every decade convention, EOTA chooses an Industry group's basket of products and aims to trilaterally reduce tariffs for that basket.
* Free Movement Provisions
** Student Visa
** Work Visa
* Semiconductor Industry Cooperation
* Common Financial Laws
* Standardised Econometric & Accounting
* Extradition Agreement
** Started with financial crimes and customs regulations, expanded to include terrorism and national security concerns.


*1989 - EOTA 2nd Decade Convention
== Economic Effects ==


*1997 - Controversy
== Cultural Impact ==
 
*1999 - EOTA 3rd Decade Convention
 
*2009 - EOTA 4th Decade Convention
 
*2019 - EOTA 5th Decade Convention
 
==Provisions==
 
*Tariff Reductions - At every decade convention, EOTA chooses an Industry group's basket of products and aims to trilaterally reduce tariffs for that basket.
 
*Free Movement Provsions
**Student Visa
**Work Visa
 
*Common Financial Laws
 
*Standardised Econometric & Accounting
 
*Extradition Agreement
**Started with financial crimes and cutoms regulations, expanded to include terrorism and national security concerns.
 
==Economic Effects==
 
==Cultural Impact==


{{Eurth}}
{{Eurth}}

Latest revision as of 17:38, 10 April 2024

East Oriental Trade Agreement
AbbreviationEOTA
FormationJune 9, 1969; 55 years ago (1969-06-09)
TypeMultinational Trade Agreement
Legal statusActive
ProductsIndustrials, Materials, Consumer Staples
Membership
Trilateral: Cashar, Esonice, Federated Commonwealth of New Iberium
Official language
Anglish
Symbol of Eurth.svg This Eurth-related article is a stub.

The East Oriental Trade Agreement is a trilateral trade agreement between the states of Cashar, Esonice, Iverica (and by extension New Iberium). One of its primary goals is the reduction in tariffs to a net-zero per industry every decade.

History

  • 1967 — Summit
  • 1969 — Formation
  • 1974 — EOTA “First 5-Years” Convention
  • 1979 — EOTA 1st Decade Convention
  • 1989 — EOTA 2nd Decade Convention
  • 1997 — Controversy
  • 1999 — EOTA 3rd Decade Convention
  • 2009 — EOTA 4th Decade Convention
  • 2019 — EOTA 5th Decade Convention

Provisions

  • Tariff Reductions — At every decade convention, EOTA chooses an Industry group's basket of products and aims to trilaterally reduce tariffs for that basket.
  • Free Movement Provisions
    • Student Visa
    • Work Visa
  • Semiconductor Industry Cooperation
  • Common Financial Laws
  • Standardised Econometric & Accounting
  • Extradition Agreement
    • Started with financial crimes and customs regulations, expanded to include terrorism and national security concerns.

Economic Effects

Cultural Impact