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Trans-Periclean Free Trade Area

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Trans-Periclean Free Trade Area
Ajax FTA Periclean.png
Member states in 2021
TypeFree-trade area
Signed11 April 1961 (1961-04-11)
LocationCastellum ab Alba
Effective31 August 1961 (1961-08-31)
Original
signatories
Signatories
LanguageStandard 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 Jacobus Claudius and Marveil Urshlo, then Master of Offices 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.

History

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-Latin Master of Offices Jacobus Claudius, Duke of Adrianople was receptive to the idea, as a way to strengthen Latium's 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. Garza subsequently joined the free trade agreement soon after in 1962.

Later on, Gran Aligonia and Aretias agreed to revise and expand its own bilateral agreement with the Latium, ultimately leading to both nations joining the Agreement, turning it into a Free Trade Area, in 1971. Since then, the agreement was further expanded with the inclusion of Alanahr, Lihnidos, and lastly of Mysia in the early 2000s.

See also