|North Seleyan Economic Community|
Signatories of the North Seleyan Economic Community treaty (dark green)
|Motto||"Cooperation on stable grounds"|
|Formation||5 November 4081|
|Type||Free trade area|
The North Seleyan Economic Community (NSEC) is an agreement initially signed by four states in northern Seleya: Kalistan, Lodamun, Likatonia and Valruzia. Established in 4081, the agreement is primarily economic in character.. In addition to trade provisions, the agreement also addresses matters of diplomatic relations, cultural exchange, technological cooperation and national sovereignty. Since its foundation, the organisation has expanded significantly and it now upholds a diverse free trade area of fourteen economies.
The founding member states of the North Seleyan Economic Community are outlined in the institution's founding document as Kalistan, Lodamun, Valruzia and Likatonia. Conceived by a Kalistani Labour foreign minister, the initial agreement came at a time of strained relations between Kalistan and Baltusia and was intended to "create an integrated economic community with an incentive for future cooperation" to the exclusion of the latter nation.
The primary aims of the North Seleyan Economic Community treaty were economic. The agreement was intended to reduce barriers to trade between the nations of northern Seleya for their economic benefit. On top of that, there was the explicit intention of increasing the level of integration between the economies in order to promote further cooperation in future and encourage peaceful relations between the member states.
The NSEC agreement was intended to encourage harmonious relations between member states in two ways: by explicitly encouraging the exchange of diplomatic officials and by recognising the sovereignty of one another. The latter provision was a response to perceived infringement of sovereignty by Baltusia in the Karl Benn case, which provided the impotence for Kalistan to pursue economic integration with its other regional partners.
The North Seleyan Economic Community treaty contained no provisions regarding an institutional framework for the organisation. The current structure of the organisation is based on the organic decisions taken by member states and has developed largely by convention. While there is no official administration, the de facto leadership of the Community lies with its founding state Kalistan. Furthermore, it has frequently been suggested that Kalistani governments have been the most committed to further integration within the grouping. In recent years, this has largely been perceived as a response to the predominance of the Northern Council military alliance.
The impact of the North Seleyan Economic Community treaty has been varied between countries. In Lodamun, it represented a significant shift in policy from a historic opposition to free trade. As the number of signatory nations has increased, the centrality of the agreement to national economies has increased, too.
Criticisms of the North Seleyan Economic Community are usually based on fundamental opposition to free trade or on the dominance of certain states within the organisation, especially Kalistan. Baltusian commentator Gordon Ten criticised the organisation for "expanding beyond its scope" due to the inclusion of states like Rildanor, Telamon, Dolgava and New Endralon.