Saint Matthew Economical Pact

Yesterday, 17 November 2015, the Principality of Hashima and the Decracy of Vilthia founded the Saint Matthew Economical Pact.

The Saint Matthew Economic Pact, or SMEP, is an economic union of two Micronations, the Principality of Hashima and the Vilthia.
The SMEP is an economic union, which is a combination of a customs union and a common market. The Principality of Hashima and the Vilthiaenjoy free trades and freedom of movement of goods and capitals between them (common market).

The Saint Matthew Economic Pact was founded after private discussions between the Principality of Hashima (through its Minister of Foreign Affairs, Giuseppe Ganz) and the Decracy of Vilthia (through its President of the Governatorate, Alessia Garazzini).
The Principality of Hashima initially proposed the denomination of “Saint Alessia Economic Pact”, in honor of Alessia Garazzini, the Vilthia‘s diplomatic which who the Principality of Hashima discussed through private emails about this Pact.
However, Alessia Garazzini rejected the offers, being humble and introverted, and proposed the actual denomination, in honor of Saint Matthew (San Matteo, in Italian), Patron Saint of the Bankers and generally of the Economy.
At today, it covers only a common customs union concerning the freedom of movement of goods and capitals; however it’s planned, for the future, the implementation of a common customs union concerning the freedom of movement of peoples and their free travel, diplomatic and business VISA, between the two Micronations.

New banknotes of Lirint of Hashima in circulation!

After the ceasing of the permission to can use the Lirint of Hashima as their national currencies, the Popular Union of Occitania continued to use it, as de facto currency, however unofficially because not more supported by the formal permission from the Principality of Hashima.
For this reason, the Principality of Hashima released a new series of banknotes, with a text on it that explicitly states that the banknotes are valid only inside Hashima and its foreign embassies, and so every use outside these places is forbidden.

The new series of banknotes is in circulation for Hashima and its foreign embassies, since 16 November 2015. Every use outside these places is strictly forbidden and illegal. The Ministry of Home Affair of Hashima, István Deák, declared that “Every use of the Lirint of Hashima, outside the borders of Hashima and its foreign embassies, by other Micronations, is strictly forbidden and illegal. Illegal uses of the Lirint of Hashima by other Micronations will be punished by current laws.”