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by The Regional Nation of The Northern Light. . 32 reads.

Vote For GA resolution International Bankruptcy Protocol


General Assembly Vote Recommendation

Part of the Information for WA Voters program

Resolution at Vote: International Bankruptcy Protocol
Vote Recommendation: For

Resolution Analysis
As commerce further internationalises, "International Bankruptcy Protocol" sets up a robust system to ensure that international-scale bankruptcies are handled fairly and efficiently. The proposal elegantly eliminates avenues for abuse by setting up a "reasonable analysis" standard. Using these and other tools along with its narrow scope, the proposal ensures it will not unduly violate national sovereignty. It furthermore prevents member states from discriminating against foreign representatives in bankruptcy cases through unfairly high fees or interference in ongoing procedures.

For these reasons, the Ministry of World Assembly Affairs recommends voting For the at-vote General Assembly proposal, "International Bankruptcy Protocol".

Note: Due to a technical difficulty, the official release of this IFV was delayed, with a temporary version being posted from the Minister's nation.

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