[Diplomacy] Arab Federation: a Prosperous Future for the Peninsula
With the successful rollout of the Arabian Dinar and its full circulation across the GCC, Yemen is experiencing a range of significant economic benefits. The unified currency has brought about a newfound sense of stability and confidence in Yemen's financial system, attracting both domestic and foreign investors. Trade within the Arab Federation has flourished, as the removal of currency exchange barriers and transaction costs has streamlined cross-border transactions. The adoption of the Arabian Dinar has transformed Yemen's economy, positioning the nation for sustained prosperity and greater integration within the planned Arab Federation. Yemen is now proposing to the member states to:
Launch a joint tourist visa and implement initiatives to boost tourism between the member states. We to raise awareness among GCC member state citizens of the tourism potentials, especially adventure tourism, leisure, and cultural and heritage attractions.
Establish a Telecoms Regulation Authority for all GCC member states to streamline the telecommunications sector across the region. This authority will oversee the development and enforcement of regulations, licensing processes, and quality standards, ensuring fair competition, consumer protection, and efficient telecom services, including a plan to implement 5G network infrastructure throughout the Arab Federation.
Create a Road, Railway, and Aviation Authority with the objective of unifying transportation systems and standards across all countries within the Arab Federation. This authority will coordinate efforts to enhance connectivity, improve logistics, and promote efficient transportation networks. By establishing a unified set of regulations and standards, we can facilitate seamless movement of goods and people, enhance cross-border trade, and foster economic growth throughout the region.
Establish a Council for Trade Enhancement and the promotion of manufacturing and investments within the Arab Federation. This council will serve as a platform for member states to collaborate on initiatives that stimulate trade, boost manufacturing capabilities, and attract foreign investments. By aligning policies, removing trade barriers, and implementing joint strategies, we can create a favorable environment for businesses to thrive and strengthen economic integration within the Arab Federation.
Utilize Arab Dinar for all oil and gas transactions. The Petro-Dinar will be set to become a global reserve currency. This would reduce US Dollar Dominance and have major long term impact on the world economy.
Through the implementation of these proposals, the Arab Federation can achieve greater cooperation, unity, and economic prosperity as whole.
[M] this is related to the expansion posts that /u/zombiak307 and I are working on. [/M]