The Independent Free Trade Partnership | The Jurongo Agreement

Signed by The Imperial Sinjōist State of Hanguk-Nippon, The Tired Individual of Evinea, and The United Communities of Cacatuoidea

　　　　 　This treaty shall be produced in multiple copies. The Hanguk-Nipponese version of the treaty shall be considered utterly equivalent to the treaty in English. In the case of a divergence of interpretation, the Hanguk-Nipponese language version shall be considered authoritative and prevailing.

　　　　 　The Government of The Imperial Sinjōist State of Hanguk-Nippon, the Government of Evinea, and the Government of Cacatuoidea hereinafter referred to as the parties, high contracting parties, signatories:

　　　　 　Believing that mutual trust and goodwill can be facilitated between the states party to the treaty;
　　　　 　Seeking to officiate a state of amity between the signatories, and to work toward a world of peace, everlasting concord, and stability;
　　　　 　Understanding the differences in economic policy and doctrine between the state signatories;
　　　　 　Cognizant of the multilateral diplomatic process and the World Assembly processions of public diplomacy;
　　　　 　Recognizing the necessity to formally establish official relations concerning international financial discourse;
　　　　 　Respecting the delegations as holding equal plenipotentiary powers, given to the head of the delegation. His Excellency Chief Foreign Secretary Itsuki Gakyō (가京 이己) of Hanguk-Nippon, His Excellency Secretary of Finance Fernando Ronaldo of Evinea, and His Excellency Envoy Extraordinary Laurentinus Gabinus of Cacatuoidea shall be granted full plenipotentiary powers for the duration of the negotiations and amendments that may follow;

　　　　 　I. AGREEMENT
　　　　 　　　　　 1.　It is henceforth agreed that a treaty shall be established between Hanguk-Nippon, Evinea, and Cacatuoidea. Let there be an everlasting peace, understanding, commerce, and amity between the two countries and peoples. 만年년。

　　　　 　II. DIPLOMATIC RECOGNITION
　　　　 　　　　　 1.　Signatories of this treaty recognize the authority of each government over their respective nations as definitive and the territorial sovereignty of their states.
　　　　 　　　　　 2.　Parties agree to reject overlapping territorial, maritime, airspace, and spatial claims of other nations.
　　　　 　　　　　 3.　The states involved shall establish formal diplomatic missions in the capital of the other. The diplomatic mission may take the form of any kind of embassy, consulate, or legation. An ambassador shall staff and maintain the mission, facilitate amity and communication, and provide consular services for nationals residing and travelling within the host nation.
　　　　 　　　　　　　　 3a.　Host governments are expected to provide security for the mission and the foreign diplomatic staff in their state. Host governments are also responsible for the sustenance of the mission and its staff, as well as the building or location that houses the mission.

　　　　 　III. TRADE AGREEMENT
　　　　 　　　　　 1.　The high contracting parties hereby establish the Independent Free Trade Partnership, hereinafter named the "IFTP."
　　　　 　　　　　 2.　Signatories of this treaty agree to a maximum of 5% import duties on all landed goods and of all exports that have originated from another state signatory to this treaty. No higher import duties may be imposed by a party government on exports of other signatories whether they enter the country in question through another nation's vessel or not. All imported goods subject to the treaty may move freely throughout a nation once the import duty is applied without any further imposition of tax or toll.
　　　　 　　　　　　　　 2a.　This treaty does not impede the imposition of revenue or sales taxes on both domestic and foreign-imported goods.
　　　　 　　　　　　　　 2b.　Party governments are permitted to impose regulated import duties on specific goods subject to consultation and the approval of the other signatories.
　　　　 　　　　　 3.　The signatories shall henceforth meet regularly to discuss a common trade policy concerning internal tariff regulation, trade boundary reduction, the coordination of the movement of goods, the standardization of procedure, customs, and further integration.
　　　　 　　　　　 4.　Imports consisting of or containing environmentally sensitive materials or organisms is strictly prohibited in all forms. All vessels entering a state signatory from another party nation shall be subject to scrutiny and screening before any clearance. All cargo regulated above shall be confiscated and either returned to the exporting nation or held by government authorities for further inspection.
　　　　 　　　　　　　　 4a.　This treaty does not impede the imposition of restrictions in any given party's endeavor to protect natural ecosystems.
　　　　 　　　　　 5.　The parties shall agree to advance and simplify customs requirements and liabilities to the best of their ability.
　　　　 　　　　　　　　 5a.　The high contracting parties shall respect the customs regulations of other states party to the agreement and shall conform customs procedures, as effectively as possible, to practices and regulations agreed upon by all signatories.
　　　　 　　　　　 6.　The admittance of a new state to the IFTP demands the approval of the current state signatories to the treaty. Hence, any nation that seeks admission to the IFTP must file an application. This application shall be reviewed by the high contracting parties. Prerequisites for entrance shall be detailed by further treaty convention.

　　　　 　IV. POLICY ON AUTARKY
　　　　 　　　　　 1.　The IFTP hereby respects the policy of autarky exercised by one or more of its member states. Accordingly, the state signatories shall draft a detail trading policy to comply with national law and custom while further facilitating free trade and the reduction of other trade barriers.
　　　　 　　　　　　　　 1a. CASE I: CACATUOIDEA　The United Communities of Cacatuoidea shall not be required to maintain a minimum of 5% import duties on imported information technology and agricultural products originating from any nation party to this treaty. Instead, a 7% maximum import duty may be applied to imports. All foreign business actors within Cacatuoidea shall comply to local law and institutional policy concerning the matters of recycling, asset acquisition, and capital impact on the environment.

　　　　 　V. CONCLUDING TERMS
　　　　 　　　　　 1.　This treaty may be amended within 15 days with request by any party. Any further amendments must be submitted to the Foreign Secretariat and must receive approval. A nation may withdraw from this treaty on one months written notice given in writing. The Treaty will remain in force during the notice period.
　　　　 　　　　　 2.　A party may withdraw from this treaty within one month's notice in writing or conferral. This notice must be submitted to either to the Foreign Secretariat or the Former Ministry of Rites. Mutual approval is required for a party to exit the agreement.
　　　　 　　　　　 3.　Within the one month notice, citizens of either signatory country traveling abroad or residing in the territory of another country party to the treaty shall be granted free passage and departure without hindrance. During this period of time, the treaty shall remain in force.

Signed:
- Foreign Secretary Itsuki Gakyō (가京 이己)
- Envoy Extraordinary and Minister Plenipotentiary Ryūji Yeonmo (연茂 隆지)
- Secretary of Finance Fernando Ronaldo
- Envoy Extraordinary Laurentinus Gabinus
Ratified by:
- Emperor Sesato Satake-Joseon (佐竹-조선 세里)

- Prime Minister Yunjirō Ishicho (石초 윤次郎)
- President Thomas Merkel
- Prime Minister Eleanor McKenzie