South Majatra Economic Cooperation Organization (SOMECO)

[Rogue]

Boris Strošić, Permanent representative of the Grand Empire to the South Majatran Economic Cooperation Organisation

Honourable representatives. In line with earlier proposals made by Istalia, we seek to make a additional proposal for a common sanctions regime within SOMECO. We seek your support in this matter in allowing our organization to have the power to alter policies of other nations to the benefit of all

Recognizing the need for coordinated economic, financial, and trade measures to safeguard regional stability and uphold shared principles of sovereignty, rule of law, and economic integrity, The Member States of the South Majatran Economic Cooperation Organization (SOMECO) hereby adopt the following legislative proposal:
Article 1 — Establishment of the Common Sanctions Framework

1. A Common Sanctions Framework (CSF) is hereby created to harmonize and coordinate sanctions policies across SOMECO Member States.
   
2. The CSF shall apply to economic, financial, trade, travel, and asset-related restrictions as determined by the provisions of this act.
   

Article 2 — Grounds for Sanctions
Sanctions under the CSF may be imposed against:
a. Non-state or state actors that threaten regional security, stability, or economic integrity;
b. Organizations or individuals engaging in terrorism, organized crime, corruption, money laundering, or human-trafficking activities affecting the region;
c. Entities violating SOMECO trade, customs, or financial regulations;
d. Foreign governments undertaking actions contrary to the collectively defined interests of SOMECO.
Article 3 — Sanctions Measures
Sanctions may include, but are not limited to:

1. Asset Freezes within all Member States’ jurisdictions;
   
2. Travel Bans and denial of entry into SOMECO territory;
   
3. Trade Restrictions, including export/import limitations;
   
4. Financial Measures, including restrictions on banking operations, credit access, and investment;
   
5. Sectoral Sanctions targeting specific industries relevant to security or economic concerns.
   

Article 4 — Decision-Making Mechanism

1. Sanction decisions shall be adopted by a two-thirds majority of the South Majatran Economic Council.
   
2. Emergency sanctions may be enacted provisionally by the South Majatran Commission with immediate effect, subject to review at the next South Majatran Economic Council session.
   
3. Member States are obligated to implement adopted measures without delay.
   

Article 5 — Enforcement and Monitoring

1. A SOMECO Sanctions Compliance Unit (SSCU) is hereby established within the Secretariat to oversee implementation.
   
2. Member States shall provide quarterly reports on enforcement actions.
   
3. The SSCU may recommend adjustments, suspensions, or expansions of sanctions as required.
   

Article 6 — Review and Sunset Clause

1. Sanctions shall be reviewed at minimum every twelve months to assess relevance and effectiveness.
   
2. Unless renewed, sanctions automatically expire two years after adoption.