Post by Atlantico Norte on May 24, 2007 13:12:57 GMT -5
International Trade Currency
Description: AWARE of the multitude of currencies existing in the world;
CONCERNED with the difficulty in negotiating multi-national trades requiring numerous currencies being exchanged;
FIRMLY BELIEVING that easing of trade difficulties will help all peoples of the world and all nations of the world;
RESPECTING the national sovereignty of member nations and their attachment to their own, native currencies;
ESTABLISHES the World Bank which will standardize international exchange rates though a common free market exchange;
CREATES the International Credit as the standard for all international trade;
CHARGES the World Bank with the responsibility of creating a free market for the exchange of local national currency to the International Credit;
IN LIEU OF direct UN funding:
-PERMITS the World Bank to assess minimal fees on exchanges, but limits those fees to the minimum needed to maintain the World Bank;
-ELIMINATES these fees should alternative funding be passed by the UN;
REQUIRES all member nations to accept and honor the rates posted by the World Bank;
STRONGLY URGES member nations to use the International Credit and the World Bank for all international trade;
URGES corporations to use the International Credit and the World Bank for all international trade;
ALLOWS private citizens to make use of the International Credit and the World Bank;
RECOMMENDS but does not require member nations to switch to the International Credit for all intra-national exchange as well.
Voting Ends: SAT 00:00 GMT May 28 2007
Description: AWARE of the multitude of currencies existing in the world;
CONCERNED with the difficulty in negotiating multi-national trades requiring numerous currencies being exchanged;
FIRMLY BELIEVING that easing of trade difficulties will help all peoples of the world and all nations of the world;
RESPECTING the national sovereignty of member nations and their attachment to their own, native currencies;
ESTABLISHES the World Bank which will standardize international exchange rates though a common free market exchange;
CREATES the International Credit as the standard for all international trade;
CHARGES the World Bank with the responsibility of creating a free market for the exchange of local national currency to the International Credit;
IN LIEU OF direct UN funding:
-PERMITS the World Bank to assess minimal fees on exchanges, but limits those fees to the minimum needed to maintain the World Bank;
-ELIMINATES these fees should alternative funding be passed by the UN;
REQUIRES all member nations to accept and honor the rates posted by the World Bank;
STRONGLY URGES member nations to use the International Credit and the World Bank for all international trade;
URGES corporations to use the International Credit and the World Bank for all international trade;
ALLOWS private citizens to make use of the International Credit and the World Bank;
RECOMMENDS but does not require member nations to switch to the International Credit for all intra-national exchange as well.
Voting Ends: SAT 00:00 GMT May 28 2007
