Mediterranean Concord (Principia Moderni IV Map Game)

Preamble
In order to defend and secure the prosperity of the Mediteranean Sea and her people. The Iberian Republic and the Belkan Empire establish the Mediteranean Concord in the hopes that through friendship and respect all Mediteranean nations will enjoy peace.

Terms
Principle Signators will be responsible for the policing of their spheres of influence in the Mediterranean. Principle Signators will guarantee the integrity of their respective spheres of influence in the Mediterranean by military means if necessary.
 * The Iberian Republic and Belkan Empire will split influence in the Mediteranean along an axis between Bizerte Maghreb and Marsala Sicily.

Principle and Observers are encouraged to respect each other's global spheres of influence.

Principle Signators will have mutual basing right for colonial ventures so long as the venture is agreed upon by both parties. The Iberian Republic and Belkan Empire will cooperate in the development of Iberian naval industry in Catalonia. The Iberian Republic and Belkan Empire will cooperate in the development of coal production in the interior of Iberia. The Iberian Republic and Belkan Empire will cooperate in the development of arms industry.
 * Consent to colonial expansion is assumed unless an objection is raised through the Concord.
 * Iberia will have the right to liscense Belkan naval technology for 25% of cost fees.
 * Belka will have rights to purchase all excess coal from Iberian mines.
 * Belka will have the right to produce Sandoval Rifles without fees.
 * Iberia will have the right to purchase proprietary Belkan manufacturing eqiupment for light arms.
 * Iberia will also commit to purchase at least 45% of all imported cannons from Belka.

Prinicple Signitors:
Iberia

Belka

Observers:
Papal State (Pending)

Sicily (Pending)