| WYSTERIAN UNION - KINGDOM AND COMMONWEALTH OF GRAYS HARBOR TRADE AGREEMENT AN AGREEMENT UNDER THE WU PARTNERSHIP FOR PROSPERITY PROGRAMME Preamble The Wysterian Union and its constituent governments and the Government of the Kingdom and Commonwealth of Grays Harbor ("the parties") resolved to: Reinforce the ties of friendship and cooperation between them: Strengthen their economic relations and further expand bilateral trade and investment; Establish clear and mutually advantageous rules governing their trade and systematically reduce the barriers to trade that exist between them; Encourage a closer economic and political partnership that will bring economic and social benefits and create new employment opportunities, and improve living standards for their people; Promote a predictable, transparent, and consistent business environment that will assist private business to plan effectively and use resources efficiently; Have agreed as follows: 1. Definitions OOC: Out of character, i.e., real life VAT: Value added tariff, a general tariff that is derived from taking an agreed upon percentage of a good's wholesale cost, and submitting that percentage (in monies) to the authorities of the party to which you are exporting to. Kingdom and Commonwealth of Grays Harbor: the Kingdom of Grays Harbor, including the Grand Duchy of Grays Harbor, the Grand Duchy of West Olympia, The Principality of Alterdamm and the Grays Harbor Southern Territories; the Colony of Channelview, the Crown Colony of Grayson Islands, and the Crown Colony of Devons Island. 2. National Treatment and Market Access for Goods, Services, and Investment 2.a. Scope and coverage Except as noted, this chapter applies to goods, services, and investment. 2b. Recognition of national currencies Both parties agree that the national currencies of all parties involved are legal tender for the payment of all debts, public and private. Payments made to any Harberian Merchant House should be made through accounts with the Royal Bank so as to expidite the exchange and conversion of currencies. 2.c. Reduction of trade barriers The parties agree to an immediate elimination of all trade barriers to goods, services, and investment. 3. Certification 3.a. Implementation of certification processes The parties agree that exports of goods under the agreement shall be subject to certification by a competent national representative or in the case of the WU, supranational representative. This competent representative shall have broad oversight of trade, commerce, or the treasury in their portfolio. For the WU, the High Minister for Trade and Commerce shall assign a designee. For the Kingdom and Commonwealth of Grays Harbor, the Royal Customs Service shall accomplish certification. 3.b Applicability To ensure that the goods traded under this agreement originate from either Grays Harbor, its Commonwealth states, or the WU, certificates must be signed and assigned a unique identifier and be made accessible for each shipment of goods traded between the parties. This is to ensure that third-party, free riders do not benefit from the terms of the agreement. 3.c Breech of certification Any party which knowingly falsifies certification documents has breeched the agreement. Upon being breeched, this agreement immediately becomes null and void, and the party not in breech retains the right to erect retaliatory, punitive tariffs. 4. Creation of a joint trade office 4.a This agreement authorizes a joint trade office to be established within the Commonwealth, as an adjunct to the Royal Customs Service and with appropriate oversight by the Foreign Ministry Office of Foreign Trade. It will monitor certification and coordinate a list of non-tradable items (e.g., hazardous or explosive materials, illicit substances, weaponry). 4.a.(1) Exports of class III and class IV drugs of the narcotic and halucinogenic variety is proscribed in trade between Harberian and WU territory. 4.a.(2) For most food items and over-the-counter non prescription remedies, pills and potions and prescription drugs must meet standards set by the Ministries of Health and Agriculture and appropriate WU reglatory agencies. Manufacturers of said goods will have their procedures and data reviewed by by appropriate Crown and WU authorities to certify them as in compliance with the relevant KGH and Commonwealth and Union standards. For those manufacturers whose standards do not meet the baseline criteria for certification by the other party, the party conducting the investigation reserves the right to request onsite inspections of the manufactory in question so as to ascertain their methods of sanitation, ingrediants used, and procedures. 4.a.(3) Automobiles and aircraft imported into the KGH Commonwealth must also comply with Crown standards as to safety and fuel economy and the WU reserves the right to apply the similar criteria to Harberian exports of automobiles and aircraft to the Union. 5. Withdrawal from the agreement 5.a Any party may withdraw from the agreement given that they provide an OOC week?s notice of intent to withdraw. 6. Treaty enforcement This agreement becomes immediately enforceable as soon as it is signed by a representative of the Wysterian Union and the Kingdom and Commonwealth of Grays Harbor. 7. Signatories Vitaly Lubov, Trade Attaché, Main WU Mission to the Heartland Region XXXXXXXX, Title, Kingdom and Commonwealth of Grays Harbor August 1, 2005 |
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