Noversk Conference

Noversk Conference

Postby Auditorii » Mon May 29, 2017 12:10 pm

The Noversk Conference was called on February 5th, 4217 as a general call for members who wish to be a part of the International Development and Stability Bank.

OOC: For those interested in the foundation of the International Development and Stability Bank please post here and explain your initial contribution to the bank in both your national currency and in the LOD conversion. I'd also like some IC/OOC discussion on establishment of a reserve currency and the formation of some sub-agencies related to the duties of the IDSB.
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Re: Noversk Conference

Postby Axxell » Mon May 29, 2017 12:50 pm

Message from the Istalian Government:

Istalia would like announce that it will partecipate to this international conference but, before to talk about quotas and partecipation,
first of all we should establish the nature of the IDSB and how it will work.
And we announce that we will support strenualy the creation of an international unit of account as exposed some years ago into the Security Council: viewtopic.php?f=15&t=6913&p=114713#p114710.

See you to the conference.

Respectfully
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Re: Noversk Conference

Postby Auditorii » Mon May 29, 2017 1:17 pm

"Representatives from Istalia,

The representative from Dorvik has laid out a structure and thus far, we have followed said structure. The structure is as follow: The International Development and Stability Bank is headed by an appointed Managing Director and a Board of Directors, the Board of Directors will be composed of one (1) representative from each nation and charged with the oversight of the International Development and Stability Bank as well as appointing the Managing Director. (OOC Note: Do note, this is more for administrative reasons because managing a rotating basis never works)

The Managing Director would be assisted by the Executive Committee, the Executive Committee will be composed of 5 members from each continent, the members will be selected based on their collective contributions to the International Development and Stability Bank.

This is the structure that we will go with administratively. Each member will contribute an amount they wish and that will be placed in the International Development and Stability Fund which will then be loaned, granted or otherwise loaned out for projects, development or investments.

As for it's overall operation, my vision for the bank is that the International Development and Stability Bank becomes the central meeting place of Central Banks throughout the world and we can introduce sub-agencies that are responsible for various areas of operation. For instance, we would like to absorb the International Exchange Commission and turn it into an oversight and building organization for stock exchanges and international stock exchanges. We would like to develop an international development agency."

Interim Managing Director Osvaldas Judvytis
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Re: Noversk Conference

Postby Auditorii » Mon May 29, 2017 1:51 pm

"The Ostland Republic is entirely supportive of these measures and with the approval of the State President and the State Commission for Finance and Economics we announce that we will be investing 1b LOD into the International Development and Stability Bank."

Fabian Havenstein,
General-Plenipotentiary of the Ostland Republic
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Re: Noversk Conference

Postby Kubrick » Mon May 29, 2017 2:49 pm

Ladies and gentlemen,

The Kingdom of Vanuku has sent a delegation to speak on behalf of the King and his cabinet. The government wishes for the nation to participate in the IDSB project.
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Re: Noversk Conference

Postby Auditorii » Mon May 29, 2017 2:53 pm

Kubrick wrote:Ladies and gentlemen,

The Kingdom of Vanuku has sent a delegation to speak on behalf of the King and his cabinet. The government wishes for the nation to participate in the IDSB project.


We welcome the Kingdom of Vanuku to this conference.

Interim Managing Director Osvaldas Judvytis
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Re: Noversk Conference

Postby TheTsar » Mon May 29, 2017 4:32 pm

The Trigunian Empire shall send a representative and staff to the conference.

Thank you

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Re: Noversk Conference

Postby Auditorii » Mon May 29, 2017 4:47 pm

TheTsar wrote:
The Trigunian Empire shall send a representative and staff to the conference.

Thank you

Duke Fyodor Nikitin
Chairman of the Committee of Ministers of the Trigunian Empire


We welcome the Trigunian Empire to this conference.

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Re: Noversk Conference

Postby Maxington » Mon May 29, 2017 6:49 pm

As we have invested into the formation of this organisation, a representative of the Kingdom of Kazulia shall be sent to partake in the pre-organisation negotiations and discussions.
-Central Bank of the Kingdom of Kazulia.
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Re: Noversk Conference

Postby colonelvesica » Mon May 29, 2017 9:59 pm

A delegation from the Federated States of Temania, headed by Temanian Ministers of Finance and Economic Development will be participating at this conference.
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