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Auto Free Trade Agreement
A resolution to reduce barriers to free trade and commerce.
Category: Free Trade
Strength: Significant
Proposed by: Teruchev
Description: The United Nations,
RECOGNISING that protectionist economic policies, by restricting the free flow of trade, seriously hinder the economic development of nations,
CONVINCED that free flow of trade greatly improves economic growth, technological development, and purchasing power, giving all nations the opportunity to specialise on their most efficient industries and acquire goods they are not equiped to produce,
CERTAIN that a common market in the trade of automotive technology and equipment will create economic development, sustainability, and technological dissemination, benefiting all member nations,
ESTABLISHES the United Nations Free Trade Agreement for the Automotive sector (UNFTAA):
-1- REQUIRES all member nations to phase out all protectionist devices in the trade of Automotive technology and equipment, including but not limited to tariffs, duties, production subsidies and import quotas;
-2- ENCOURAGES global cooperation in the development and distribution of automotive technology, with special emphasis on environmentally friendly technology;
-3- URGES member nations to minimise all barriers to free competition, including but not limited to trusts, cartels, dumping, price coordination, and excessive market power, ensuring they do not limit the benefits of the UNFTAA;
-4-AUTHORIZES the United Nations Free Trade Commission (UNFTC) to arbitrate any trade disputes which may arise concerning the interpretation of the UNFTAA;
-5- DECLARES that member nations retain the right to employ retaliatory tariffs towards non-UN nations;
-6- MANDATES a timeline for implementation not exceeding five years in length.
Votes For: 2,182
Votes Against: 3,218
[Delegate Votes]
Voting Ends: Mon Apr 10 2006 |
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With a tie vote of 2-2-0, the UN Delegate shall have to determine the regional vote again. Can't you guys make any of these decisions easily? 
Ms. Cappaverde, unconvinced that this resolution is necessarily in the best interests of the UN to undertake, will vote AGAINST the Auto Free Trade Agreement. |
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