Keymon News Network——————————————————————————————————————————————————
Vanuku Trade and Economic Treaty Passes!November 4430-The Treaty of Trade and Economic Agreements Between Vanuku and Keymon has been passed by both nations.
The treaty terms are as follows:
Vanuku and the Keymon Republic, since now the contracting parties, pledge to establish a Economic and Trade Agreement between them.
Article I - The contracting parties will recognise each other as fully sovereign and independent nations and will mutually respect institutional and legislative changes.
Article II - Recognising that this treaty is based on a common vision of purpose and ideals, it remains the right of the contracting parties to unilaterally withdraw from the treaty should ideological incompatibility arise between the two nations.
Article III - The contracting parties will increase trade with one another, opening the doors of trade to goods, services and investments through mutual free and fair trade. To that end, both nations will work together to remove protectionist trade barriers and promote trade, investment and tourism and via their customs and excise Authorities agree to speed up the movement of goods and clearance through customs as well as simplify and make available to the trading community information on procedures for the international transit of goods, the required documentation and the mode of transport.
Article IV - The contracting parties will permits the creation of joint business, trade and economic councils that seek to promote, develop, and improve industrial and technological cooperation, resolve disputes, and formulate sound policy strategies to promote fairness and freedom of trade between Vanuku and Keymon.
Article V - As a part of this treaty, Vanuku and Keymon companies have full autonomy to conduct operations in Vanuku and Keymon in order to expand into the respective markets. Nevertheless, companies seeking to relocate to Vanuku or Keymon must register as public companies under the Global Stock Exchange (GSE). By doing this the listing fees of companies will be waved and 99.99% of the shares will be retain by the owners and 0.1% to public trading.
Article VI - The contracting parties whose investments are lost to nationalization or other such state confiscation not ordered by a duly constituted court of law in pursuance of criminal prosecution made by due process of law is obligated to file a Compensation Request with the Ministry of Foreign Affairs and the Ministry of Trade and Industry of the confiscating nation. The confiscating nation is obligated to compensate all loss of assets, intrinsic value, and good will.
Article VII - The contracting parties will disallow the usage of economic sanctions, embargo’s, the stopping of trading vessels , large taxes, and of tarriffs against any signatory party.
“Both sides, I believe, will see extraordinary growth” says Mr. Kronos,Professor of Economics at Turtle Bay University. “With Vanuku getting hit hard by Black Thursday and it’s ripples and Keymon getting hit hard by reduced trade from Majatran, with this treaty we could see both nations recover from this and possibly end up better than they were before”.
However many politicians, mainly Bolshevik, have raised concern that this treaty could strain relations with other allies, mainly NC allies. However they’ve been mainly dismissed by the government.
Bunker Project Completed Ahead of SchedulePicture of a bunker in Turtle BayNovember 4430-Recently the nation-wide project of building civilian bunkers throughout Keymons four largest cities has been completed two and a half years ahead of schedule. The project which started in 4416 was scheduled to be completed in 4433 however with more and more cash being put into these bunkers, the time to complete the bunkers slowly decreased.
The bunkers, equipped with air and water filtration systems and radiation,chemical and biological detection systems in order to cleanse those who’ve been effected by a WMD strike. The bunkers can house 1,000 people each, and has up to 50 rooms per bunker. The number of bunkers is around 20,000 and they are spread nearly equally throughout the four major cities in Keymon.
Cracks Begin to Show in the New Conservative PartyNovember 4430-Recently cracks in the New Conservative Party have begun to show themselves. At the Party Legislative House in Turtle Bay, multiple factions within the NCP have sprung up, mainly concerning foreign affairs. The five most prominent factions are-The Neutrals, The Majatraners, The Northern Councilors, The Independents, and The Isolationists. Four of the five factions have sprung up recently with the Northern Councilors being older than all the other ones. The names describe them well however there is also debate within these factions.
For example, The Isolationists mainly agree on leaving all treaties/organizations/alliances and Keymon depending solely on itself. However within this there are varying degrees of isolationists. Some maintain that Keymon should rely on itself but also continue trade and emigration/immigration while the more extreme ones want Keymon to end both trade and emigration/immigration and shut down the countries borders and ports.
While the isolationists are fiercely fractured they are still the minority within the NCP. The largest factions are the Northern Councilors-who support remaining in the Northern Council-and the Majatraners who support leaving the Northern Council and joining the Majatran Union of States. These two,despite being “fierce” rivals, agree on domestic policy much more than any other factions. However Marcus Tiberius the III has made all NCP delegates to the Senate vote for all NCP bills and vote no to all Bolshevik bills.
While divided the party is still strong and with a majority of the Keymon government being Northern Councilors, it is believed Keymon will remain within the Northern Council for the foreseeable future.
Keymon Joins O.D.E.NAugust 4430-With the passing of the O.D.E.N III Treaty, Keymon has officially joined O.D.E.N.
O.D.E.N is a international drug selling organization that focuses on assisting drug selling nations with domestic and foreign competition and prices. O.D.E.N has 4 National members so far-Kalistan, Sekowo,Telamon, and Keymon.
Currently however O.D.E.N and Kalistan have gotten into a international argument with Lourenne. Kalistan has recently claimed that they are assisting drug smugglers and Keymon is as well. However the Keymonite government has denied any such actions.
Tiberius Marcus the III made a press statement regarding the decision to join O.D.E.N-
Keymon has had all drugs legalized for a long time however we’ve had to struggle against international markets with much larger abilities and capabilities to beat us for a long time. Now we no longer have to do that. Instead with our decision to join ODEN, we’ve successfully made Keymon an international drug seller capable of standing up to any marketplace. However I have to address the elephant in the room. ODEN’s lead member, Kalistan has continuously claimed it is smuggling drugs into Lourenne and other nations and is using Keymonite drugs. Keymon has never and will never support illegal smuggling of anything to anyone. Let it be known that Keymon is not smuggling drugs into any nations nor is it assisting any nations in doing so. And as a way to establish this the Lourennais government has given us permission to import cannabis into there country for local consumption and sale. This proves we are simply seeking to sell drugs legally and will not violate domestic or international law to do so.
Thank you