European Economic Area (Principia Moderni IV Map Game)

Originally signed between founding members in 1874:

Terms

 * A multilateral customs union will be in effect between the European continental signatories of this treaty.
 * There will be no tariffs on any goods or services travelling between the countries although border checks may still be conducted.
 * The countries will apply a Common external tariff divided into 3 sections currently but subject to change:
 * Favoured country (5% of value): Avalon, New England and Savannah
 * Ordinary rate (15% of value): Everyone not mentioned
 * Non-favoured country (35% of value):


 * Non- European holdings of signatories are not subject to the customs union and may set their own tariffs on each individual signatory state.
 * Tariffs still apply for trade between signatories and other signatories' non- European holdings as set by the non- European holdings.
 * Countries must adhere to a rules of origin system to prove that the country of origin is within the customs union to avoid re- exportation through colonies.
 * Decisions on changes to the treaty must be unanimous.

Signatures

 * United Kingdom of Great Britain and Ireland: User:Person67
 * France
 * Iberia