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International Economic Development Council (IEDC)(OPEN/MAIN)

A meeting place where national storefronts can tout their wares and discuss trade. [In character]
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The Mid East Federation
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International Economic Development Council (IEDC)(OPEN/MAIN)

Postby The Mid East Federation » Fri Jun 05, 2015 4:36 pm

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welcome | bienvenida | bienvenue | ترحيب | 欢迎 | willkommen | добро пожаловать


Introduction

The International Economic Development Council is a group of nations working together to increase economic prosperity with each other and help develop those who aren't in the bestest of shapes.

IEDC is comprised of a Executive Council which main job is to execute actions that are agreed by the member states and to help formulate and develop policy and approach to matters. All IEDC member states vote on issues.




Membership

IEDC member states may choose a variety of membership classes depending on their economic capabilities. The following are listed:

Premium Donor Membership (AAA)
Membership Fee: 0.1% of your GDP
Premium Donor Membership is for "Superpowers" or nations with top economic strength.


Silver Donor Membership (A-AA)
Membership Fee: 0.08% of your GDP
Silver Donor Membership is for "Regional Powers" or nations that are the top in their region, who exceed their neighbors and a fairly good economy.


Bronze Donor Membership (C-B)
Membership Fee: 0.05% of your GDP
Bronze Donor Membership is for normal nations that exhibit a general 'okay' economy that can sustain itself well.


Receiver Membership (F-D)
Membership Fee: Excluded from paying fees or very little occasional fees
Receiver Membership is for developing nations who cannot support themselves yet and rely on various international support.





Application Forms

Full Members Choose A Membership Type
Code: Select all
[b][u]FULL Membership Application[/u][/b]
[b]Nation Name (Full):[/b]
[b]Nation Head of State:[/b] (If there is)
[b]Nation Head of Government:[/b]
[b]Nation Government Type:[/b]
[b]Nation GDP (NS):[/b]
[b]Nation GDP (RP):[/b]
[b]Economic Classification (NS):[/b] (Poor, Powerhouse, Frightening, Etc)
[b]What Membership Type Are You Applying For?:[/b] (Receiver, Bronze Donor, Silver Donor, Premium Donor)


Associate Members Do Not Choose A Membership Type But Donate Occasionally And Observe The Organization
Code: Select all
[b][u]ASSOCIATE Membership Application[/u][/b]
[b]Nation Name (Full):[/b]
[b]Nation Head of State:[/b] (If there is)
[b]Nation Head of Government:[/b]
[b]Nation Government Type:[/b]
[b]Nation GDP (NS):[/b]
[b]Nation GDP (RP):[/b]
[b]Economic Classification (NS):[/b] (Poor, Powerhouse, Frightening, Etc)


Observer Members Do Not Choose A Membership Type But Politically Support And Observe The Organization
Code: Select all
[b][u]OBSERVER Membership Application[/u][/b]
[b]Nation Name (Full):[/b]
[b]Nation Head of State:[/b] (If there is)
[b]Nation Head of Government:[/b]
[b]Nation Government Type:[/b]
[b]Nation GDP (NS):[/b]
[b]Nation GDP (RP):[/b]
[b]Economic Classification (NS):[/b] (Poor, Powerhouse, Frightening, Etc)



Last edited by The Mid East Federation on Sat Jun 06, 2015 8:47 pm, edited 2 times in total.
The Mid East Federation ~ Unity, Society, and Peace
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PRO: Israel, Bavaria, Zionism, Kurdish Independence, EU, Atlanticism, Ukraine in the EU, Globalism, CDU/CSU, LGBT, Humanistic Judaism, Angela Merkel, David Cameron, and Margaret Thatcher
ANTI: Palestine, Iran, Arab League, Isolationists, Militarists, Communists, Fascists, Extreme Islam, and Turkey in the EU

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The Mid East Federation
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Founded: Jun 04, 2015
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Postby The Mid East Federation » Fri Jun 05, 2015 4:36 pm

Executive Council

President: PM Klara Yisrael, The Mid East Federation

1st Vice President: President Jacob Dolia, Thermodolia
2nd Vice President: President David Cameron, Timmy City
3rd Vice President:
1st Council Member: King William "Billy", United East Germany
2nd Council Member: Tatjana Ulić, Semolia
3rd Council Member: Emperor Frazer, Australia Minor
4th Council Member: Prime-Minister Anthony Pritchard, Notthergham

1) Razzym shall be granted a 1.75 Billion Loan.
2) Razzym shall begin payments starting September 23, 2015
3) Interest shall be 2.565%
4) The Term shall be 14 years
1,750,000,000 * 2.565% * 14 years = 628,425,000 Total Interest + 1,750,000,000 = $2,378,425,000 Total Payment To IEDC

$42,471,875 Shall Be The Quarterly Payment For Razzym from September 23, 2015 to September 23, 2029

After this loan, Razzym will qualify for a 0.5% reduction in interest rate. After a 2nd loan Razzym will qualify for another 0.5% reduction until the interest rate is 1%. This is apart of the Responsible IEDC Debtors Act.

FINAL VOTING AT: 4 AYE - 0 ABSTAIN - 0 NAY





Non-Executive Leadership Positions

Receiver Council Chairman: Chairman Raz, Razzym
Receiver 1st Council Member:
Receiver 2nd Council Member:

Associate Council Chairman: Prime Minister Mike Kearney, Lolomz
Associate 1st Council Member:
Associate 2nd Council Member:

Observer Council Chairman:
Observer 1st Council Member:
Observer 2nd Council Member:




General Members











Last edited by The Mid East Federation on Thu Jul 02, 2015 7:52 pm, edited 18 times in total.
The Mid East Federation ~ Unity, Society, and Peace
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I am a Centre-Right Globalist
Economic Left/Right: 3.18 - Capitalism w/ Protectionism
Social Libertarian/Authoritarian: 2.86 - Strict Justice System but with Civil Rights

PRO: Israel, Bavaria, Zionism, Kurdish Independence, EU, Atlanticism, Ukraine in the EU, Globalism, CDU/CSU, LGBT, Humanistic Judaism, Angela Merkel, David Cameron, and Margaret Thatcher
ANTI: Palestine, Iran, Arab League, Isolationists, Militarists, Communists, Fascists, Extreme Islam, and Turkey in the EU

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The Mid East Federation
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Founded: Jun 04, 2015
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Postby The Mid East Federation » Fri Jun 05, 2015 4:37 pm

Financial Strength/Current Funds

The IEDC Bank

Current Funds: $536,000,000,000 ($536.0 Billion)

+14.2 Billion - Mid East Federation - Membership Fees
+3.815 Billion - Unified East Germany - Membership Fees
-1.7 Billion - IEDC - Headquarters Construction
+137 Billion - Australia Minor - Membership Fees
+80 Billion - Maltta - Membership Fees
+1 Billion - Australia Minor - Donation
+1.9 Billion - Lolomoz - Donation
-1.015 Billion - IEDC Council - Loan to Member
+100 Billion - IEDC Members - Membership Fees
+200 Billion - Timmy City - Donation
+400 Million - MEF - Donation


Loans

Apply for a loan here! Currently the minimum loan amount is $250 Million and the maximum loan amount is $50 Billion. This rate is set by the Executive Council weekly. Loan Terms are also set by the council the Min is 5 years, and the Max is 50 years.

Code: Select all
[b][u]Application for LOAN[/u][/b]
[b]Nation Name:[/b]
[b]Membership Type:[/b] (Donor/Receiver)
[b]Current GDP (RP):[/b]
[b]Unemployment Rate (RP):[/b]
[b]HDI (RP):[/b]
[b]Reason For Loan:[/b] (Why? What For?)
[b]Expected Results:[/b] (What will your nation gain from this?)
[b]When can you start making payments?:[/b]
[b]What term would you like?:[/b] (Min Term: 5 Years | Max Term: 25 Years)
Last edited by The Mid East Federation on Thu Jul 02, 2015 7:53 pm, edited 9 times in total.
The Mid East Federation ~ Unity, Society, and Peace
WA DELEGATE | Embassy | Everything about The Mid East Federation
I am a Centre-Right Globalist
Economic Left/Right: 3.18 - Capitalism w/ Protectionism
Social Libertarian/Authoritarian: 2.86 - Strict Justice System but with Civil Rights

PRO: Israel, Bavaria, Zionism, Kurdish Independence, EU, Atlanticism, Ukraine in the EU, Globalism, CDU/CSU, LGBT, Humanistic Judaism, Angela Merkel, David Cameron, and Margaret Thatcher
ANTI: Palestine, Iran, Arab League, Isolationists, Militarists, Communists, Fascists, Extreme Islam, and Turkey in the EU

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Razzym
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Founded: Jun 02, 2015
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Postby Razzym » Fri Jun 05, 2015 11:18 pm

The Secretary of External Affairs
The Sovereign State of Razzym


on behalf of the Executive Director


A message to the Executive Council


Let it be known that whereas the The Sovereign State of Razzym is experiencing extreme economic hardship as a result of being a new nation;

The Executive Director, Head of State and Party Chair, wishes to formally apply for economic aid under the terms and conditions of the International Economic Development Council.

Let it be known that the small nation located within the The North Pacific has discovered verifiable uranium deposits, and as a result;

Let it be known it is the intention of the Government of The Sovereign State of Razzym to secure a loan to develop said mineral deposits in order to benefit the citizens of the Nation through economic development.

V/s
signed,
Secretary of External Affairs
The Sovereign State of Razzym

FULL Membership Application
Nation Name (Full): The Sovereign State of Razzym
Nation Head of State: (If there is) Raz, Party Chair
Nation Head of Government: Raz, Executive Director
Nation Government Type: Democracy
Constitution: https://www.nationstates.net/nation=razzym/detail=factbook/id=434166
Nation GDP (NS): $671,844,894.13
Nation GDP (RP): $671,844,894.13
Economic Classification (NS): Imploded
What Membership Type Are You Applying For?: Receiver
Last edited by Razzym on Sat Jun 06, 2015 5:37 pm, edited 1 time in total.

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United East Germany
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Founded: Jul 17, 2014
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Postby United East Germany » Sat Jun 06, 2015 12:18 am

FULL Membership Application
Nation Name (Full): The Kingdom of United East Germany
Nation Head of State: King William Brent "Billy" Unger
Nation Head of Government: King William Brent "Billy" Unger
Nation Government Type: Absolute Monarchy
Nation GDP (NS): 72.1 Trillion Euros
Nation GDP (RP): $3.815 Trillion
Economic Classification (NS): Good
What Membership Type Are You Applying For?: Premium Donor

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The Mid East Federation
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Posts: 507
Founded: Jun 04, 2015
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Postby The Mid East Federation » Sat Jun 06, 2015 6:29 pm

Razzym wrote:
The Secretary of External Affairs
The Sovereign State of Razzym


on behalf of the Executive Director


A message to the Executive Council


Let it be known that whereas the The Sovereign State of Razzym is experiencing extreme economic hardship as a result of being a new nation;

The Executive Director, Head of State and Party Chair, wishes to formally apply for economic aid under the terms and conditions of the International Economic Development Council.

Let it be known that the small nation located within the The North Pacific has discovered verifiable uranium deposits, and as a result;

Let it be known it is the intention of the Government of The Sovereign State of Razzym to secure a loan to develop said mineral deposits in order to benefit the citizens of the Nation through economic development.

V/s
signed,
Secretary of External Affairs
The Sovereign State of Razzym

FULL Membership Application
Nation Name (Full): The Sovereign State of Razzym
Nation Head of State: (If there is) Raz, Party Chair
Nation Head of Government: Raz, Executive Director
Nation Government Type: Democracy
Constitution: https://www.nationstates.net/nation=razzym/detail=factbook/id=434166
Nation GDP (NS): $671,844,894.13
Nation GDP (RP): $671,844,894.13
Economic Classification (NS): Imploded
What Membership Type Are You Applying For?: Receiver


Image


Greetings Secretary!

Your application has been approved by the Executive Council under #001 Membership Resolution. Congratulations!

We will contact you shortly with loan possibilities and consultations with regards to developing your industry. As President, I believe your request for a loan is likely to be accepted.

Thank You Secretary.

PM Klara Yisrael
IEDC President from MEF
Last edited by The Mid East Federation on Sat Jun 06, 2015 6:44 pm, edited 1 time in total.
The Mid East Federation ~ Unity, Society, and Peace
WA DELEGATE | Embassy | Everything about The Mid East Federation
I am a Centre-Right Globalist
Economic Left/Right: 3.18 - Capitalism w/ Protectionism
Social Libertarian/Authoritarian: 2.86 - Strict Justice System but with Civil Rights

PRO: Israel, Bavaria, Zionism, Kurdish Independence, EU, Atlanticism, Ukraine in the EU, Globalism, CDU/CSU, LGBT, Humanistic Judaism, Angela Merkel, David Cameron, and Margaret Thatcher
ANTI: Palestine, Iran, Arab League, Isolationists, Militarists, Communists, Fascists, Extreme Islam, and Turkey in the EU

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The Mid East Federation
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Founded: Jun 04, 2015
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Postby The Mid East Federation » Sat Jun 06, 2015 6:42 pm

United East Germany wrote:FULL Membership Application
Nation Name (Full): The Kingdom of United East Germany
Nation Head of State: King William Brent "Billy" Unger
Nation Head of Government: King William Brent "Billy" Unger
Nation Government Type: Absolute Monarchy
Nation GDP (NS): 72.1 Trillion Euros
Nation GDP (RP): $3.815 Trillion
Economic Classification (NS): Good
What Membership Type Are You Applying For?: Premium Donor


Image


Greetings King William Brent "Billy" Unger!

Your application has been approved by the Executive Council under #002 Membership Resolution. Congratulations!

As a Premium Donor, you are honored throughout the organization and on in international base for your service to building a better globe. Membership Fees will be billed at the end of the month to your Treasury.

Thank You King Billy.

PM Klara Yisrael
IEDC President from MEF
Last edited by The Mid East Federation on Sat Jun 06, 2015 6:44 pm, edited 1 time in total.
The Mid East Federation ~ Unity, Society, and Peace
WA DELEGATE | Embassy | Everything about The Mid East Federation
I am a Centre-Right Globalist
Economic Left/Right: 3.18 - Capitalism w/ Protectionism
Social Libertarian/Authoritarian: 2.86 - Strict Justice System but with Civil Rights

PRO: Israel, Bavaria, Zionism, Kurdish Independence, EU, Atlanticism, Ukraine in the EU, Globalism, CDU/CSU, LGBT, Humanistic Judaism, Angela Merkel, David Cameron, and Margaret Thatcher
ANTI: Palestine, Iran, Arab League, Isolationists, Militarists, Communists, Fascists, Extreme Islam, and Turkey in the EU

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The Mid East Federation
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Posts: 507
Founded: Jun 04, 2015
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Postby The Mid East Federation » Sat Jun 06, 2015 8:26 pm

IEDC HEADQUARTERS ANNOUNCED; TO BE BUILT IN JERUSALEM
Image


Estimated Cost is at 1.7 Billion, to be subtracted from the IEDC Treasury. The new headquarters will employ 100 Trade Specialists, 50 Policy Analysts, 50 Accounting Officers, 25 IT Staff, 25 Service Staff, and 20 Executives. 270 is the current total employee count to be hired.

Maintenance Costs (Annually)

Trade Specialists paid 75,000 Annually X 100 Hired = $7,500,000 Annually
Policy Analysts paid 80,000 Annually X 50 Hired = $4,000,000 Annually
Accounting Officer's paid 65,000 Annually X 50 Hired = $3,250,000 Annually
IT Staff paid 40,000 Annually X 25 Hired = $1,000,000 Annually
Service Staff paid 35,000 Annually X 25 Hired = $875,000 Annually
Executives paid 125,000 Annually X 20 Hired = $2,500,000 Annually
Total Paid Wages: $19,125,000 Annually
Estimated Building Maintenance: $1,200 Annually
Estimated IT Maintenance: $6,000 Annually
Power Costs: $40,000 Annually
Landscape Maintenance: $1,200 Annually
Water Costs: $1,500 Annually

TOTAL COSTS ANNUALLY: $19,175,900
The Mid East Federation ~ Unity, Society, and Peace
WA DELEGATE | Embassy | Everything about The Mid East Federation
I am a Centre-Right Globalist
Economic Left/Right: 3.18 - Capitalism w/ Protectionism
Social Libertarian/Authoritarian: 2.86 - Strict Justice System but with Civil Rights

PRO: Israel, Bavaria, Zionism, Kurdish Independence, EU, Atlanticism, Ukraine in the EU, Globalism, CDU/CSU, LGBT, Humanistic Judaism, Angela Merkel, David Cameron, and Margaret Thatcher
ANTI: Palestine, Iran, Arab League, Isolationists, Militarists, Communists, Fascists, Extreme Islam, and Turkey in the EU

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The Mid East Federation
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Posts: 507
Founded: Jun 04, 2015
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Postby The Mid East Federation » Sat Jun 06, 2015 8:45 pm

IEDC NEWS

King William "Billy" of United East Germany, a Premium Donor Nation, has been named the 1st Council Member by President Klara Yisrael of The Mid East Federation
The Mid East Federation ~ Unity, Society, and Peace
WA DELEGATE | Embassy | Everything about The Mid East Federation
I am a Centre-Right Globalist
Economic Left/Right: 3.18 - Capitalism w/ Protectionism
Social Libertarian/Authoritarian: 2.86 - Strict Justice System but with Civil Rights

PRO: Israel, Bavaria, Zionism, Kurdish Independence, EU, Atlanticism, Ukraine in the EU, Globalism, CDU/CSU, LGBT, Humanistic Judaism, Angela Merkel, David Cameron, and Margaret Thatcher
ANTI: Palestine, Iran, Arab League, Isolationists, Militarists, Communists, Fascists, Extreme Islam, and Turkey in the EU

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Razzym
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Posts: 3
Founded: Jun 02, 2015
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Application for Development Loan

Postby Razzym » Sat Jun 06, 2015 10:17 pm

The Sovereign State of Razzym
Office of the Executive Director


Department of Commerce
Office of Economic Development


Dear Hon. PM Yisrael and IEDC Members:

Attached is The Sovereign State of Razzym's application for an economic development loan. The Executive Director of Razzym with consent of the Executive Committee has given approval to the Deputy Director of of the Office of Economic Development to enter into loan negotiations.

The Sovereign State of Razzym
Office of the Executive Director


An Executive Memorandum


June 6, 2015

Let it be known, I bestow upon Kimberly Jensen, Deputy Director for Economic Development, authority to negotiate terms and conditions for a loan to develop the Koala Uranium Field.

Authority is valid upon signature of the President of the Executive Committee, Executive Director, and the Deputy Director until June 30, 2015 unless otherwise rescinded.

Raz 5/6/15
Executive Director
Hon. Party Chair

Oscar Petersen 5/6/15
President, Executive Committee

Kimberly Jensen 5/6/15
Deputy Director for Economic Development, Department of Commerce





Application for LOAN
Nation Name: The Sovereign State of Razzym
Membership Type: Reciever
Current GDP (RP): USD 175B
Unemployment Rate (RP): 26%
HDI (RP): 0.622
Reason For Loan: Develop uranium mining through RAMINCO (Razzym Mining Corporation).
Expected Results: Create up to 5,000 jobs in 20 months; 75,000 jobs in 84 months. Refine uranium to use as fuel in nuclear power plants. Sell surplus uranium on energy markets.
When can you start making payments?: Quarterly payments beginning September 23, 2015.
What term would you like?: Depends upon amount and interest rate. Target is USD 1.75B for 12 years at 2.0% interest.

Thank you for your and the Council's consideration.
V/s

Kimberly Jensen June 7, 2015
Deputy Director for Economic Development

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Australia Minor
Bureaucrat
 
Posts: 63
Founded: Nov 05, 2014
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Postby Australia Minor » Sun Jun 07, 2015 12:12 am

FULL Membership Application
Nation Name (Full): The Empire of Australia Minor
Nation Head of State: Emperor Frazer Perry
Nation Head of Government: Emperor Frazer Perry
Nation Government Type: Monarchy
Nation GDP (NS): 137 trillion
Nation GDP (RP): 137 trillion
Economic Classification (NS): All-Consuming
What Membership Type Are You Applying For?: Premium Donor
Last edited by Australia Minor on Sun Jun 07, 2015 12:14 am, edited 1 time in total.

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Maltta
Envoy
 
Posts: 279
Founded: Dec 23, 2011
Ex-Nation

Postby Maltta » Sun Jun 07, 2015 4:27 am

FULL Membership Application
Nation Name (Full):The Kingdom of
Maltta

Nation Head of State:King Yusuf Bab
Nation Head of Government:King Yusuf Bab
Nation Government Type:Democracy
Nation GDP (NS):80,004,500,000,000.00
Nation GDP (RP):80,004,500,000,000.00
Economic Classification (NS):Very strong
What Membership Type Are You Applying For?:Donor

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The Mid East Federation
Diplomat
 
Posts: 507
Founded: Jun 04, 2015
Ex-Nation

Postby The Mid East Federation » Sun Jun 07, 2015 5:31 pm

Australia Minor wrote:FULL Membership Application
Nation Name (Full): The Empire of Australia Minor
Nation Head of State: Emperor Frazer Perry
Nation Head of Government: Emperor Frazer Perry
Nation Government Type: Monarchy
Nation GDP (NS): 137 trillion
Nation GDP (RP): 137 trillion
Economic Classification (NS): All-Consuming
What Membership Type Are You Applying For?: Premium Donor


Image


Greetings Emperor Frazer Perry!

Your application has been approved by the Executive Council under #003 Membership Resolution. Congratulations!

As a Premium Donor, you are honored throughout the organization and on in international base for your service to building a better globe. Membership Fees will be billed at the end of the month to your Treasury.

Thank You Emperor,

PM Klara Yisrael
IEDC President from MEF
The Mid East Federation ~ Unity, Society, and Peace
WA DELEGATE | Embassy | Everything about The Mid East Federation
I am a Centre-Right Globalist
Economic Left/Right: 3.18 - Capitalism w/ Protectionism
Social Libertarian/Authoritarian: 2.86 - Strict Justice System but with Civil Rights

PRO: Israel, Bavaria, Zionism, Kurdish Independence, EU, Atlanticism, Ukraine in the EU, Globalism, CDU/CSU, LGBT, Humanistic Judaism, Angela Merkel, David Cameron, and Margaret Thatcher
ANTI: Palestine, Iran, Arab League, Isolationists, Militarists, Communists, Fascists, Extreme Islam, and Turkey in the EU

User avatar
The Mid East Federation
Diplomat
 
Posts: 507
Founded: Jun 04, 2015
Ex-Nation

Postby The Mid East Federation » Sun Jun 07, 2015 5:33 pm

Maltta wrote:FULL Membership Application
Nation Name (Full):The Kingdom of
Maltta

Nation Head of State:King Yusuf Bab
Nation Head of Government:King Yusuf Bab
Nation Government Type:Democracy
Nation GDP (NS):80,004,500,000,000.00
Nation GDP (RP):80,004,500,000,000.00
Economic Classification (NS):Very strong
What Membership Type Are You Applying For?:Donor


Image


Greetings King Yusuf Bab!

Your application has been approved by the Executive Council under #004 Membership Resolution. Congratulations!

As a Premium Donor, you are honored throughout the organization and on in international base for your service to building a better globe. Membership Fees will be billed at the end of the month to your Treasury.

Thank You King Yousuf,

PM Klara Yisrael
IEDC President from MEF
The Mid East Federation ~ Unity, Society, and Peace
WA DELEGATE | Embassy | Everything about The Mid East Federation
I am a Centre-Right Globalist
Economic Left/Right: 3.18 - Capitalism w/ Protectionism
Social Libertarian/Authoritarian: 2.86 - Strict Justice System but with Civil Rights

PRO: Israel, Bavaria, Zionism, Kurdish Independence, EU, Atlanticism, Ukraine in the EU, Globalism, CDU/CSU, LGBT, Humanistic Judaism, Angela Merkel, David Cameron, and Margaret Thatcher
ANTI: Palestine, Iran, Arab League, Isolationists, Militarists, Communists, Fascists, Extreme Islam, and Turkey in the EU

User avatar
The Mid East Federation
Diplomat
 
Posts: 507
Founded: Jun 04, 2015
Ex-Nation

Postby The Mid East Federation » Sun Jun 07, 2015 5:43 pm

Razzym wrote:
The Sovereign State of Razzym
Office of the Executive Director


Department of Commerce
Office of Economic Development


Dear Hon. PM Yisrael and IEDC Members:

Attached is The Sovereign State of Razzym's application for an economic development loan. The Executive Director of Razzym with consent of the Executive Committee has given approval to the Deputy Director of of the Office of Economic Development to enter into loan negotiations.

The Sovereign State of Razzym
Office of the Executive Director


An Executive Memorandum


June 6, 2015

Let it be known, I bestow upon Kimberly Jensen, Deputy Director for Economic Development, authority to negotiate terms and conditions for a loan to develop the Koala Uranium Field.

Authority is valid upon signature of the President of the Executive Committee, Executive Director, and the Deputy Director until June 30, 2015 unless otherwise rescinded.

Raz 5/6/15
Executive Director
Hon. Party Chair

Oscar Petersen 5/6/15
President, Executive Committee

Kimberly Jensen 5/6/15
Deputy Director for Economic Development, Department of Commerce





Application for LOAN
Nation Name: The Sovereign State of Razzym
Membership Type: Reciever
Current GDP (RP): USD 175B
Unemployment Rate (RP): 26%
HDI (RP): 0.622
Reason For Loan: Develop uranium mining through RAMINCO (Razzym Mining Corporation).
Expected Results: Create up to 5,000 jobs in 20 months; 75,000 jobs in 84 months. Refine uranium to use as fuel in nuclear power plants. Sell surplus uranium on energy markets.
When can you start making payments?: Quarterly payments beginning September 23, 2015.
What term would you like?: Depends upon amount and interest rate. Target is USD 1.75B for 12 years at 2.0% interest.

Thank you for your and the Council's consideration.
V/s

Kimberly Jensen June 7, 2015
Deputy Director for Economic Development


Image
APPLICATION FOR LOAN; RECEIVED


PRESIDENT NOTE'S:

Is Razzym in required unemployment level for loan? YES
Is Razzym HDI in required level for loan? YES
Is the Reason for loan purposeful? YES ...with stipulations
Expected Results Accurate? YES

----HEREBY MOVES REQUEST TO COUNCIL CHAMBERS----

You will be notified when the council has found a deal to be purposed, thank you.
The Mid East Federation ~ Unity, Society, and Peace
WA DELEGATE | Embassy | Everything about The Mid East Federation
I am a Centre-Right Globalist
Economic Left/Right: 3.18 - Capitalism w/ Protectionism
Social Libertarian/Authoritarian: 2.86 - Strict Justice System but with Civil Rights

PRO: Israel, Bavaria, Zionism, Kurdish Independence, EU, Atlanticism, Ukraine in the EU, Globalism, CDU/CSU, LGBT, Humanistic Judaism, Angela Merkel, David Cameron, and Margaret Thatcher
ANTI: Palestine, Iran, Arab League, Isolationists, Militarists, Communists, Fascists, Extreme Islam, and Turkey in the EU

User avatar
The Mid East Federation
Diplomat
 
Posts: 507
Founded: Jun 04, 2015
Ex-Nation

Postby The Mid East Federation » Sun Jun 07, 2015 7:27 pm

IEDC NEWS

Australia Minor has been granted a seat as the 3rd Council Member by President Klara Yisrael.

Maltta has been proposed to take a seat as the 2nd Council Member by President Klara Yisrael.

Razzym has been proposed to take a seat as Non-Executive Receiver Council Chairman by President Klara Yisrael.
Last edited by The Mid East Federation on Sun Jun 07, 2015 7:28 pm, edited 2 times in total.
The Mid East Federation ~ Unity, Society, and Peace
WA DELEGATE | Embassy | Everything about The Mid East Federation
I am a Centre-Right Globalist
Economic Left/Right: 3.18 - Capitalism w/ Protectionism
Social Libertarian/Authoritarian: 2.86 - Strict Justice System but with Civil Rights

PRO: Israel, Bavaria, Zionism, Kurdish Independence, EU, Atlanticism, Ukraine in the EU, Globalism, CDU/CSU, LGBT, Humanistic Judaism, Angela Merkel, David Cameron, and Margaret Thatcher
ANTI: Palestine, Iran, Arab League, Isolationists, Militarists, Communists, Fascists, Extreme Islam, and Turkey in the EU

User avatar
The Mid East Federation
Diplomat
 
Posts: 507
Founded: Jun 04, 2015
Ex-Nation

Postby The Mid East Federation » Sun Jun 07, 2015 7:48 pm

IEDC NEWS

The Mid East Federation Klara Yisrael, President of IEDC said she will propose to the council soon a change in the cap of a loan requested from:

10 Billion -> 50 Billion

She stated this will allow for nations to start larger projects. She also stated she plans to bring grants to the table, grants do not need to be paid back compared to loans which need to be. She says the most likely grants will range 100 Million to 1 Billion if started. Significantly lower than the loan cap, but then again it is essentially free money to help developing nations. She said however the nations in question would have to have a stable government that is preferable democratic in some way.

The President of IEDC also stated donor nations may also request loans for big projects in their nations, however only Bronze Donors and some Silver Donors may apply. Premium Donors are considered far well off to undertake loans from the IEDC.
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The Mid East Federation
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Founded: Jun 04, 2015
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Postby The Mid East Federation » Mon Jun 08, 2015 6:34 pm

Razzym Loan Proposal - IEDC Council Approved Terms


1) Razzym shall be granted a 1.75 Billion Loan.
2) Razzym shall begin payments starting September 23, 2015
3) Interest shall be 2.565%
4) The Term shall be 14 years
5) Razzym agrees that all money that is gained must be used to mine uranium only for nuclear power plants and other non-militaristic measures. Added 6/9/15 (Approved by KY)
1,750,000,000 * 2.565% * 14 years = 628,425,000 Total Interest + 1,750,000,000 = $2,378,425,000 Total Payment To IEDC

$42,471,875 Shall Be The Quarterly Payment For Razzym from September 23, 2015 to September 23, 2029

After this loan, Razzym will qualify for a 0.5% reduction in interest rate. After a 2nd loan Razzym will qualify for another 0.5% reduction until the interest rate is 1%. This is apart of the Responsible IEDC Debtors Act.


Does the nation of Razzym agree to these loan terms the council approved?
Last edited by The Mid East Federation on Tue Jun 09, 2015 4:35 pm, edited 1 time in total.
The Mid East Federation ~ Unity, Society, and Peace
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I am a Centre-Right Globalist
Economic Left/Right: 3.18 - Capitalism w/ Protectionism
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PRO: Israel, Bavaria, Zionism, Kurdish Independence, EU, Atlanticism, Ukraine in the EU, Globalism, CDU/CSU, LGBT, Humanistic Judaism, Angela Merkel, David Cameron, and Margaret Thatcher
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Maltta
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Founded: Dec 23, 2011
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Postby Maltta » Mon Jun 08, 2015 11:44 pm

as a second council member i dont sign the loan Razzym loan proposal

because we dont have an quarantee that the money will be spend on military purposes.

and if we come to an agreemement i want that RAzzym to sell us the uranium on a 60% discount

i wll only agree and sign if those terms are met

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The Mid East Federation
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Founded: Jun 04, 2015
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Postby The Mid East Federation » Tue Jun 09, 2015 4:34 pm

Maltta wrote:as a second council member i dont sign the loan Razzym loan proposal

because we dont have an quarantee that the money will be spend on military purposes.

and if we come to an agreemement i want that RAzzym to sell us the uranium on a 60% discount

i wll only agree and sign if those terms are met


I would agree to add a term that it may only used toward nuclear power and all non-militaristic actions.

5) Razzym agrees that all money that is gained must be used to mine uranium only for nuclear power plants and other non-militaristic measures.

With regards to selling cheaper is not a IEDC measure, these are for economic development so we can't tack on proposals that makes them change their economic policy.

The Council authorizes the change and adds term 5, Razzym may now sign.
The Mid East Federation ~ Unity, Society, and Peace
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Maltta
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Posts: 279
Founded: Dec 23, 2011
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Postby Maltta » Tue Jun 09, 2015 10:55 pm

The Mid East Federation wrote:
Maltta wrote:as a second council member i dont sign the loan Razzym loan proposal

because we dont have an quarantee that the money will be spend on military purposes.

and if we come to an agreemement i want that RAzzym to sell us the uranium on a 60% discount

i wll only agree and sign if those terms are met


I would agree to add a term that it may only used toward nuclear power and all non-militaristic actions.

5) Razzym agrees that all money that is gained must be used to mine uranium only for nuclear power plants and other non-militaristic measures.

With regards to selling cheaper is not a IEDC measure, these are for economic development so we can't tack on proposals that makes them change their economic policy.

The Council authorizes the change and adds term 5, Razzym may now sign.


well we can drop the discount thing

so i think that we are ready to sign the contract

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Razzym
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Founded: Jun 02, 2015
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Postby Razzym » Sat Jun 13, 2015 9:40 pm

The Sovereign State of Razzym
Office of the Executive Director


Department of Commerce
Office of Economic Development


MEMORANDUM OF UNDERSTANDING


Mme. President and members of the International Economic Development Council,

The Executive Director and the Executive Committee accept the following terms and conditions of the economic development loan to develop the Koala Uranium Mine.

Please confirm the details of the loan:


  • Razzym shall be granted a 1.75 Billion Loan
  • Razzym shall begin payments starting September 23, 2015
  • Interest shall be 2.565%
  • The Term shall be 14 years
  • Razzym agrees that all money that is gained must be used to mine uranium only for nuclear power plants and other non-militaristic measures
  • 1,750,000,000 * 2.565% * 14 years = 628,425,000 Total Interest + 1,750,000,000 = $2,378,425,000 Total Payment To IEDC
  • $42,471,875 Shall Be The Quarterly Payment For Razzym from September 23, 2015 to September 23, 2029



V/s
Kimberly Jensen 5/14/15
Deputy Director for Economic Development, Department of Commerce

Countersigned

Raz 5/14/15
Executive Director
Hon. Party Chair

Oscar Petersen 5/14/15
President, Executive Committee

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The Mid East Federation
Diplomat
 
Posts: 507
Founded: Jun 04, 2015
Ex-Nation

Postby The Mid East Federation » Sat Jun 13, 2015 10:47 pm

Razzym wrote:
The Sovereign State of Razzym
Office of the Executive Director


Department of Commerce
Office of Economic Development


MEMORANDUM OF UNDERSTANDING


Mme. President and members of the International Economic Development Council,

The Executive Director and the Executive Committee accept the following terms and conditions of the economic development loan to develop the Koala Uranium Mine.

Please confirm the details of the loan:


  • Razzym shall be granted a 1.75 Billion Loan
  • Razzym shall begin payments starting September 23, 2015
  • Interest shall be 2.565%
  • The Term shall be 14 years
  • Razzym agrees that all money that is gained must be used to mine uranium only for nuclear power plants and other non-militaristic measures
  • 1,750,000,000 * 2.565% * 14 years = 628,425,000 Total Interest + 1,750,000,000 = $2,378,425,000 Total Payment To IEDC
  • $42,471,875 Shall Be The Quarterly Payment For Razzym from September 23, 2015 to September 23, 2029



V/s
Kimberly Jensen 5/14/15
Deputy Director for Economic Development, Department of Commerce

Countersigned

Raz 5/14/15
Executive Director
Hon. Party Chair

Oscar Petersen 5/14/15
President, Executive Committee


IEDC BOARD OF COUNCILMEMBERS

Let it be known that the loan was unanimously approved privately 4-0-0, all 3 council members and president approved. This is a confirmation that the above is correct and the council's offer to the Razzym request for a loan.


BY EX. COUNCIL RES. 001-L
Authorized by Klara Yisrael, IEDC President
Approved by Ex. Co. 3-0-0 V-UN
The Mid East Federation ~ Unity, Society, and Peace
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I am a Centre-Right Globalist
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The Mid East Federation
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Founded: Jun 04, 2015
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Postby The Mid East Federation » Sat Jun 13, 2015 10:59 pm

Image
IEDC PROPOSAL LAW CHANGE - AUTHOR: Klara Yisrael, President


1. Hereby raises the amount of a loan that can be requested at cap from 10 Billion to 50 Billion.




2. Minimum Term changed from 5 years to 3.5 years.




3. Maximum Term changed from 25 years to 27.5 years.




4. Hereby mandates that no interest rate given by the IEDC exceed 4%.




5. Hereby authorizes 'Grants'.
5a: Grants are one-time gifts of monetary support by IEDC that do not need to be paid back.
5b: The Min Grant Request shall be 100 Million and the Max shall be 2 billion.
5c: Receivers, Bronze, and SIlver Members may apply for Grants; Platinum members may not.
5d: All grants must work towards or promote economic development of a country.




PROPOSED BY THE MID EAST FEDERATION THROUGH KLARA YISRAEL, PM OF MEF, AND PRESIDENT OF IEDC
MEMBERS of the EXECUTIVE COUNCIL may now VOTE, this bill was submitted as AMENDMENT and may not be AMENDED, only passed in current form.
The Mid East Federation ~ Unity, Society, and Peace
WA DELEGATE | Embassy | Everything about The Mid East Federation
I am a Centre-Right Globalist
Economic Left/Right: 3.18 - Capitalism w/ Protectionism
Social Libertarian/Authoritarian: 2.86 - Strict Justice System but with Civil Rights

PRO: Israel, Bavaria, Zionism, Kurdish Independence, EU, Atlanticism, Ukraine in the EU, Globalism, CDU/CSU, LGBT, Humanistic Judaism, Angela Merkel, David Cameron, and Margaret Thatcher
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Lolomz
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Posts: 2148
Founded: Apr 22, 2013
Ex-Nation

Postby Lolomz » Fri Jun 19, 2015 3:22 pm

ASSOCIATE Membership Application
Nation Name (Full): The United Republic Of Lolomz
Nation Head of State: N/A
Nation Head of Government: Prime Minister Mike Kearney
Nation Government Type: Half-Majoritarian Parliamentary Republic
Nation GDP (NS): 997 Trillion
Nation GDP (RP): 4 Trillion
Economic Classification (NS): Frightening
Pro: Suid Afrika, Imperial State of Iran, Rhodesia,Republic Of China ,Seperate but equal policy on the US, Capitalism,whites-only voting rights. Hasmite rule on jordan
Anti: Socialism/Social democracy/etc.. ,Palestine,Saudi Arabia,Islamic Republic Of Iran,end of the aparthied on Suid Afrika(South africa it's ilegtimate nation on my eyes).
RP Data :
Regime : Aparthied
RP name: The White Republic Of Suid Afrika
Prime Minister: Henrik Forward

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