The Central European Commerce Authority (CECA) is a regional economic organization that aims to promote greater economic integration and development among European countries, facilitate cross-border investments, and establish a platform for trade discussions. Its core focus lies in implementing standardized loan and banking systems while providing greater market access for European nations.
The creation of the Central European Commerce Authority marked the successor to the previous economic policies of the European Union. It was designed to foster a genuine spirit of cooperation among member states, free from any enforcement of political or moral values that the EU had previously imposed. CECA seeks to promote economic progress throughout Europe, for the collective benefit of its members.
provisions
TREATY OF THE CENTRAL EUROPEAN COMMERCE AUTHORITY (CECA)
Preamble
The Member States of the Central European Commerce Authority (hereinafter referred to as "CECA") recognize the importance of economic cooperation and integration in promoting sustainable development and enhancing the economic welfare of their peoples. Mindful of the principles of the free movement of capital and investment, and the need to strengthen economic ties among themselves, the Member States have agreed to enter into this Treaty to establish the CECA.
Article 1: Free Movement of Capital
- The Members of CECA shall maintain relative open borders when it comes to the sale of capital within their respective territories.
Article 2: Free Movement of Investment
- The Members of CECA shall maintain relative open borders when it comes to investment from citizens or organizations from other member states within their respective territories.
Article 3: CECA Meetings
- A CECA meeting may be called at any time when representatives of Member States shall convene to discuss and propose solutions to economic issues arising in any member state or states.
Article 4: CECA Treasury
- Each Member of CECA shall pay 0.7% of their annual income into the CECA Treasury.
- The CECA Treasury shall invest the funds into the poorest member state of the organization with high potential for industry or resource exploitation. The target of CECA investments will be changed every two years.
Article 5: European Bank
- CECA shall operate the European Bank.
- The European Bank shall be accessible to all member states as well as non-member states.
- Profits from the European Bank shall be redistributed equally between Member States.
- The European Bank shall offer 0% loans to member states and 2-5% loans to non-member states.
Article 6: Ban on Total Embargo
- The Members of CECA shall not implement a total embargo on any other Member of CECA.
- The Members of CECA may ban certain goods only under a justified reason.
Article 7: Agricultural Development
- The CECA Treasury shall provide financial assistance to farmers and promote sustainable agriculture to support agricultural development and rural areas in CECA.
Article 8: Bailout
- If supported by a majority of Member States, the CECA Treasury may bail out a Member State out of bankruptcy.
Article 9: Technological Development
- CECA Members shall work jointly on non-military technological development to help the populations of Member States live a more comfortable life.
Article 10: Anti-Black Market Force
- The CECA Anti-Black Market Force shall be created.
- The Members of CECA shall cooperate to root out black market activity within their respective territories to ensure that all goods going in, out, and between Member States are transferred legally and in line with their respective laws.
Article 11: Observer States
- Observer States shall apply to Article 1, 2, 3, 4, 6, and 7 but not the other provisions of this Treaty.
Done in the English, Polish, Norwegian, Italian, Russian, Hungarian, and Swedish languages, all texts being equally authentic. In case of any divergence of interpretation, the English text shall prevail.