The Treaty of Panama City was a trade treaty to build a canal across the Isthmus of Panama between the European powers of the Second French Empire and the South German Empire and the United States of Gran Colombia.
Article I: Construction of the Canal
- The Second French Empire will contribute to the construction the Panama Canal, with manpower, techinal expertise and land for building.
- The South German Empire will contribute to the construction the Panama Canal, with manpower, techinal expertise and land for building.
- The United States of Gran Colombia will contribute to the construction the Panama Canal, with manpower, techinal expertise and land for building.
- The Panama Canal will be constructed Lago Gatun, and connect the Atlantic and Pacific ocean will multiple locks.
Article II: Canal Tolls
- The Second French Empire, South German Empire, and the United States of Gran Colombia will never pay a toll for government or national ships. Special companies from the signing nations can also be exempt.
- The canal will be administered by the Panama Canal Company; shares of this company will be divided among the signing parties.
- The Panama Canal Company will be able to change tolls will consultation of a super majority (67%) of the shareholders.
- Tolls for the canal will start at 30 GCN based on the size of ship (OTL price today).
- Parties need to consult one another and acquire a majority (51%) of shareholders to sell shares (to other nations, no consultation required if selling to companies or individuals within signing nations).
- 50% to the United States of Gran Colombia
- 30% to the Second French Empire
- 20% to the South German Empire
Article IV: Trade
- Non-regulated, no-tariff trade between the European parties and the Untied States of Gran Colombia will occur so that trading relations will be cemented.
Article V: Non-Aggression Pact
- The European parties will not invade the Untied States of Colombia and establish a non-aggression pact (no aggression towards Colombia; does not necessarily mean non-aggression pact between the European nations).
Article VI: Effectiveness of the Treaty
- The terms of this treaty may be amended with a super majority (67%) of the shareholders.
- If any of the shareholders are at war with the United States of Gran Colombia, the company has the ability to seize the shares until peace is signed.
- I would disagree with some terms, Articles IV and V for example. Colombia requests their territorial interests to be recognized, yet don't offer the same in return and doesn't states what are their "territorial interests". More, Colombia asks for military and infrastructure help, yet it keeps the canal as its personal property, without any effort in the building. And the only "benefit" is that the builders will pay a third of the toll. Nonetheless, I doubt there will be any Colombian technical help, and they have excluded themselves from the labour help. I would also remind that South Germany is in a full scale war with North Germany and wouldn't be able to contribute that much to the building right now. If Colombia really wants France to contribute to the construction, here are its offers: scrap articles IV and V. Create a Company to administer the Canal, which will be divided in shares, like OTL Suez Canal Company. The share percentage should be later discussed, and be divided according to the help to the construction on the Canal based on manpower, techinal expertise and land for building. No tolls be charged for ships of any nation that owns shares of the company. Maybe the requirement of a nation to consult the other owners before any selling of shares. If Colombia requires help to protect her territories or the canal, it should request a military base to be installed, not training for their men. ~Victor
- I also agree with France. ~Wrto12
- I will edit the treaty and propose it again next turn. ~Nic
- France appreciates the Colombian change. ~Victor