Magnaterran Economic Community
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Magnaterrotṣ Oṣāzāta Thūruotu Magnaterran Economic Community | |
|---|---|
 Flag | |
| Administrative center | MEC building, Īmah-Mānotṣotu |
| Official Languages | Kirian, Kinarian, English |
| Type | Trade Bloc |
| Leaders | |
• Chairman | Bhāli Ṭalīṣi |
• Deputy Chairman | Mark Statham |
| Establishment | |
• Īmah-Mānotṣotu Protocols Signed | June 23, 1942 |
• Partnership with Papalania | May 19, 1966 |
• Accession of Ofrus | October 12, 2022 |
| Area | |
• | 9,347,124 km2 (3,608,945 sq mi) |
The Magnaterran Economic Community, or MEC, is a multinational organisation primarily focused on the improvement of the Magnaterran regional economy and promoting trade between the member states. Founded by Deims Kir, Pantsville and Earthern alliance in 1942, it implements the Īmah-Mānotṣotu Protocols in order to achieve the aforementioned goals. It currently has 5 members across the continent, making up for [PERCENT]% of continental GDP.
History
Current Members at Present Day
| Member Nation | Ascension Date |
|---|---|
| Deims Kir | June 23rd, 1942 |
| Pantsville | June 23rd, 1942 |
| Earthern Alliance | June 23rd, 1942 |
| North Bardonia | August 6th, 1944 |
| Jaredistan | March 1st, 2011 |
| Ofrus | October 12th, 2022 |
One of the most recent additions to the MEC was the accession of Ofrus, a nation on the west of the continent which borders Deims Kir. Their entrance into the community directly coincided with the 2022 Ofrusian energy crisis, which was a drop in the production of electricity due oil price regulation by DODM, causing some of its major mining and industrial production supply chains to slow production or even halt entirely. This relativley new development seeks to further foster economic relationships between itself and other nations in the area, as well as the short-term goal of alleviating the supply issues presented by this crisis through low-cost energy from member states.