Extensive FTA enters into force
Moderator: Staff
Extensive FTA enters into force
LUCERNE/VRIJPLAATS - today: An extensive free trade agreement between New Batavia and Kurum Ash-Sharqia enters into force. "After the peaceful secession of Kurum Ash-Sharqia from New Batavia, the FTA is a giant step towards reconciliation", said Grand Vizier Fairouz Farhani.
Free trade of goods was negotiated, except for fossil fuel, weapons, medicines and others. A level playing field was also negotiated, with minimum standards for fiscal policy, social security and labor conditions, as well as ecological concerns. The parties also agreed to join the Micras Intellectual Property Protection Act.
Free trade of goods was negotiated, except for fossil fuel, weapons, medicines and others. A level playing field was also negotiated, with minimum standards for fiscal policy, social security and labor conditions, as well as ecological concerns. The parties also agreed to join the Micras Intellectual Property Protection Act.