Counter-Proposal: Proposal: International Agreement on Preventing Ec

Response to proposal Proposal: International Agreement on Preventing Economic Coe (ID: 16793).

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{
"title": "Framework Agreement on Economic Sovereignty, International Accountability, and Collective Development",
"description": "# Framework Agreement on Economic Sovereignty, International Accountability, and Collective Development\n\nThe World Parliament, \n\n Recognizing the sovereign equality of all States, their territorial integrity, and political independence, as enshrined in the Charter of the United Nations;\n Affirming the fundamental principle of non-intervention in matters which are essentially within the domestic jurisdiction of any State;\n Acknowledging the legitimate right of States to protect their national security interests and to conduct their foreign policy, including through economic measures, provided such measures are consistent with international law;\n Gravely concerned by the increasing proliferation and extraterritorial application of unilateral economic measures, which often lack international legitimacy, undermine multilateralism, impede legitimate trade and development, and can inflict undue hardship on civilian populations;\n Further Recognizing that true economic sovereignty necessitates not only protection from external coercion but also the internal capacity for self-determination through equitable distribution of wealth, democratic control over economic institutions, and robust public services;\n Emphasizing the imperative to foster a stable, predictable, and equitable international economic environment based on mutual respect, cooperation, and collective well-being, rather than coercion;\n Determined to prevent the abuse of economic tools as instruments of political pressure designed to compel sovereign States to alter their internal policies or systems, or to obstruct their pursuit of internal economic justice;\n Convinced that any international framework must primarily serve to protect national sovereignty, prevent overreach by any State or supranational entity, and actively foster an international economic order based on mutual aid, collective development, and internal economic justice;\n\nHereby adopts the following Framework Agreement:\n\n## Article 1: Definitions\n\nFor the purposes of this Agreement:\n\n1. \"Economic Coercion\" refers to the use or threat of economic measures, including trade restrictions, financial sanctions, or investment barriers, by one State or group of States against another sovereign State with the explicit intent to compel that State to alter its political, economic, or social policies in a manner inconsistent with its sovereign rights and self-determination, or to obstruct its efforts towards internal economic restructuring for the benefit of its populace.\n2. \"Unilateral Coercive Measures\" are economic sanctions or similar restrictive measures imposed by a State or group of States without the explicit authorization of the United Nations Security Council or a specific, universally ratified multilateral treaty where states have voluntarily ceded such authority.\n3. \"Extraterritorial Application\" means the application of domestic laws, regulations, or judicial decisions of one State to individuals, entities, or transactions outside its national borders, particularly when such application seeks to impose penalties on third-country nationals or entities for activities lawful in their own jurisdictions.\n\n## Article 2: Core Principles for Economic Statecraft\n\n1. All States shall conduct their economic relations in full respect of the principles of sovereign equality, non-intervention, the peaceful resolution of disputes, and the imperative to foster internal economic justice and collective well-being.\n2. Economic measures, including sanctions, shall only be employed in strict conformity with international law, including the Charter of the United Nations, and shall under no circumstances be used as instruments of political coercion or leverage against the sovereign will of a State, nor to undermine its efforts towards internal economic restructuring for the benefit of its populace.\n3. Any economic measure must be proportionate, targeted, and designed to minimize adverse impacts on civilian populations, humanitarian aid, and the economic development of the targeted State.\n4. States shall refrain from any form of extraterritorial application of their domestic laws that infringes upon the sovereignty of other States or dictates their internal or external economic policies.\n\n## Article 3: Prohibition of Unilateral Coercion and Extraterritoriality\n\n1. Member States shall unequivocally commit to refraining from the imposition of unilateral coercive measures against other sovereign States, especially when such measures are intended to compel changes in domestic policy or political systems or to obstruct the implementation of policies aimed at social and economic justice.\n2. Member States shall proactively prevent and actively counter the extraterritorial application of their domestic laws and regulations that seek to impose sanctions or penalties on third-country nationals or entities for activities conducted lawfully within their own jurisdictions, unless such application is explicitly mandated by a binding resolution of the United Nations Security Council or a universally ratified international treaty.\n3. States shall not encourage or facilitate the extraterritorial application of other States' domestic laws that fall under the prohibitions of this Article.\n\n## Article 4: National Oversight and Transparency\n\n1. Each Member State shall establish robust national legislative or judicial oversight mechanisms to review the legality, proportionality, and potential extraterritorial impact of any economic measures or sanctions it proposes or implements.\n2. Member States shall ensure transparency regarding the legal basis, objectives, and scope of any economic measures they impose, providing clear justifications and impact assessments to the international