User:Devink/sandbox11
| Type | Free-trade area |
|---|---|
| Signed | April 11, 1961 |
| Location | Castellum ab Alba |
| Effective | August 31, 1961 |
| Original signatories | |
| Signatories | |
| Language | Standard Latin |
The Trans-Periclean free trade area is a free trade area founded in 1955 between the Latium and Drevstran. Originally a simple bilateral agreement spearheaded by Jason Claudius and Marveil Urshlo, then Consul of Latium and Mervoret of Drevstran, the Trans-Periclean FTA grew over the years with the inclusion of other countries bordering the Periclean Sea, turning it into a fully multilateral, international trade bloc.
The impetus for a Latium-Drevstran Free Trade Agreement began with Marveil Urshlo, who made the idea part of his 1959 campaign. Following his elections, the then-consul of Latium Jason Claudius was receptive to the idea, as a way to strengthen the Latium' position in the eastern Periclean. Both countries signed the treaty in 1961, and it became effective four months later after the ratification of the treaty by the two countries' legislative branches.
Since then, the Agreement was expanded into an Area, with the inclusion of Mysia and Aretias in the 70s, two countries already very close economically to the Latium' Diocese of the East. Garza agreed to revize and expand its own Free Trade Agreement with the Latium, ultimately leading to the small kingdom also joining in the Trans-Periclean Area in the same decade. Latter additions also include Alanahr and TBD.