Four Rising Nations Summit

Flag of  Four Rising Nations Summit Mutli:Tabwan KanBangla:চার নদী (cāra nadī)
Flag
Official languages
TypeEconomic Association
Member states
Leaders
Ibrahim Ali Al-Mihdhar
Napti Baltacha
Yugeming
Jasaw Chan K'awiil V
Formation
• Summit of 2011
October 2011
Population
• 2010 estimate
391 millions
GDP (nominal)2018 estimate
• Total
4.398 Trillion USD (1st)
• Per capita
11,248 USD
Currency

The Four Rising Nations Summit is the name given to an association of four major “rising national economy” : Taizhou, the Mutul, Benaajab, and Marad. In 2017, they represented 391 millions people, with a combined nominal GDP of roughly 4,4 Trillion USD. The Summit has received both praises and criticism from numerous commentators. Bilateral relations among the Tabwan Kan nations have mainly been conducted on the basis of non-interference, equality, and mutual benefit.

History

The Summit started its existence in the early 2000s when the Mutul was researching new markets to expand into after the economic sanctions put in place by Ghant and then the Belisarian Nations. During the same time, Taizhou was experiencing slow but steady economic growth and sought new economic partners to maintain itself. Both countries then started multiple bilateral trade agreements with each others, and maintained good relations, though often more pragmatic than friendly. The expression “Tabwan Ka Kabalob” (“Two Rising Nations”) was first used in 2005 by the CEO of the Investment Firm K’an Winik as the title of a news article.

In 2011, both Benaajab and Marad were invited to participate in the economic discussions, as they both shared important trade links with Taizhou and the Mutul. Since then, all four countries have met annually at formal summits, generally around October.

Organizational Structure

The annual summits, which are composed of one delegate from each member state, are the governing authority of organization. The joint statement that is issued after the summit is considered to be the guiding doctrine, but most of the day-today work is carried out by a panel of twenty executive directors. The executive directors act as a governing board--though their members are appointed by the summit when vacancies arise--and are typically a mix of former industrial executives and academics.

The executive directors form committees for the major activities of the summit as defined each year by the joint statement. At the previous summit, the executive directors were directed to form five committees on Energy Development, Poverty & Education, Health, Transportation, and a Treasury committee.

The summit's finances and operations are audited annually by an independent party from a non-member state.

BIMM Bank

The BIMM Bank (named from the acronym of the Four Nations) is a multilateral development bank established by the Four Rising States. According to the Agreement on the BIMMB, "the Bank shall support public or private projects through loans, guarantees, equity participation and other financial instruments." Moreover, the BIMMB "shall cooperate with international organizations and other financial entities, and provide technical assistance for projects to be supported by the Bank.”

The bank has a capital of 60 billions USD. The bank's primary focus of lending is infrastructure, agriculture, and sustained development projects with authorized lending of up to $25 billions annually. There are ongoing discussions to see if the Mutul participation in the Bank can be raised, as the bulk of the Bank’s investment are currently in the BWR (infrastructure), Benaajab (agriculture), and Taizhou (Energy).

Country Number of shares Shareholding (%) Voting rights (%) Authorised Capital (billions USD)
 Marad 9,000 15 15 10
 Benaajab 9,000 15 15 10
 Taizhou 21,000 35 35 20
 Mutul 21,000 35 35 20
Grand Total 60,000 100 100 60

The Protective Reserve Arrangement

The Protective Reserve Arrangement is a framework for the provision of support through liquidity and precautionary instruments in response to actual or potential short-term balance of payments pressures. The legal basis is formed by the Treaty for the Establishment of a Protective Reserve of the Four Nations.

The objective of this reserve is to provide protection against global liquidity pressures. This includes currency issues where members’ national currencies are being adversely affected by global financial pressures.

Country Capital Contribution (billion USD) Access to Funds (billions USD Voting Rights (%)
 Marad 15 20 15
 Benaajab 15 20 15
 Taizhou 35 20 35
 Mutul 35 20 35
Grand Total 100 80 100

Non-profit programs

Tabwan K’an countries also support one another through non-profit programs and aids.

The “Life Balance” program was put in place to expand the recreational infrastructures of other Rising Nations, notably building Pitz arenas in Benajaab. The Mutul heavily invested in Pitz clubs in these countries, supporting the development of the game, favoring the creation of new national leagues and international competitions. As a result, other form of Mutuleses entertainments quickly grew along with Pitz games, such as “Mutulese Fencing” and various ballgames. This quick rise of popularity of Mutuleses sports and medias as led to the 4RN to regularly considering the development of their own trans-makrian telecommunication system.