Tripact Union

Overview
The Tripact Union is an economic union between the nations of Magudaria, Kamana’aora, East Trakhaniye, and Gochtaria. It was formed on July 30th, 2022, and their international currency was announced on February 13, 2023. The newest member is Gochtaria, who officially joined on March 10th, 2023 bringing the total number of nations to four.



Flag
The flag of the Tripact Union has an orca on it representing strength and unity. The three stars around the orca represent the three founding members, and the blue represents the sea.

Currency
The official name of the currency of the Tripact Union is the “Tripact Faran,” but is commonly referred to as “The Faran.” After many months of negotiations between the member countries the currency was announced on February 13th, 2023. The currency is printed in the capital of Magudaria, Iskandar, and is printed with an inflation rate of 2%. It previously printed in the capital of Trakhaniye before the 2nd Trakhaniye Civil War during April of 2023. In order for the amount printed to be changed all three original members must agree. All members can also opt out of the currency at any time.

The Offcial Legislative Branch of the Tripact Union
The Tripact Parliament is a body which creates the laws of trade for the Union and which regulate it. Each member nation sends 20 representatives to the Parliament to represent the nation. It is up to nation to decide how to do this. Every member can introduce legislation to the floor. Members serve 3 year terms and can serve a max of 3 terms. The parliament can only pass laws regarding international matters all domestic matters fall to the individual countries.

Prime Minister
There are 2 Prime Ministers, they are elected by all the eligible citizens by a ranked voting system. Both Prime Ministers can Veto laws and this forces the two sides to compromise in order to pass laws. They also serve 3 year terms and can serve a max of 3.

The Official Judicial Branch of The Tripact Union
The Triumph Court is the body which acts as the enforcer of the Laws created by the Parliament and can also question the laws that are made and possibly veto it if unconstitutional. They can not hold trials for nation matters on for union matters. They are appointed by a panel, the panel is appointed by the leaders of the member countries, of retired judges which is only called when a Supreme Court Justice dies or retired. This panel consists of 11 retirees and votes on who they think will be a good replacement. Once a person is appointed to the Supreme Court they are there for life or until they choose to retire. They can be impeached by parliament with a 2/3 majority.

Every Joining Nation must let their official have a training period for at least a week as an observer ( Parliament ), and each member shall send One-Two representative/s for The Triumph Court of the Highest and every judge/ attorney/ lawyer shall be trained for at least 3 weeks as observers ( Court )