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Union of Alshar Development and Investment: Difference between revisions
Union of Alshar Development and Investment (view source)
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(Created page with "{{Infobox organization | name = Union of Alshar Development and Investment | image = thumb|Headquarters of the UADI in Cathash, Soirwind | image_border = | size = 200 | caption = | map = | msize = | mcaption = | abbreviation = UADI | formation = 2002 | extinction = | type = Multilateral Development Bank | status = Treaty | purpose = Social and Economic Development | headquarters = Cathash, Soirwind | region_served = Alshar | membership...") |
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*{{flag|Fiannria}} | |||
**[[Soirwind]] | |||
*{{flag|Urcea}} | |||
*{{flag|Oyashima}} | |||
*{{flag|Faneria}} | |||
*{{flag|Burgundie}} | |||
**[[Antilles]] | |||
**[[Iles Evangeline]] | |||
| leader_title = President | | leader_title = President | ||
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The '''Union of Alshar Development and Investment (UADI)''' is a regional development bank established in 2002 in the Sovereignty of [[Soirwind]], founded initially as part of the [[Soirwind Reconstruction Program]] following the [[Soirwind Intervention]] in collaboration with [[Fiannria]] it was later expanded in 2005 and opened up to wider Alshar to help support social and economic development in Alshar and open up Alshari states to financial support and lending from Occidental states at fair rates. It is headquartered in [[Cathash]], Soirwind. | The '''Union of Alshar Development and Investment (UADI)''' is a regional development bank established in 2002 in the Sovereignty of [[Soirwind]], founded initially as part of the [[Soirwind Reconstruction Program]] following the [[Soirwind Intervention]] in collaboration with [[Fiannria]] it was later expanded in 2005 and opened up to wider Alshar to help support social and economic development in Alshar and open up Alshari states to financial support and lending from Occidental states at fair rates. It is headquartered in [[Cathash]], Soirwind. | ||
Among its members are Soirwind, [[Fiannria]], [[Urcea | Among its members are Soirwind, [[Fiannria]], [[Urcea]], [[Oyashima]], [[Faneria]], and [[Burgundie]]. Membership is open to any nation registered within the League of Nations as an Alshari nation as well as non-regional developed countries. | ||
The UADI is modeled on a weighted voting system where votes are distributed in proportionally to members' capital subscriptions. AUDI releases an annual report that summarizes its operations, budget, and other materials for review by the public. It also sponsors a scholarship program that enrolls students annually into leading academic institutions within the UADI member states. Upon completion of the program, scholars are expected to contribute to the social and economic development of their home countries. | The UADI is modeled on a weighted voting system where votes are distributed in proportionally to members' capital subscriptions. AUDI releases an annual report that summarizes its operations, budget, and other materials for review by the public. It also sponsors a scholarship program that enrolls students annually into leading academic institutions within the UADI member states. Upon completion of the program, scholars are expected to contribute to the social and economic development of their home countries. | ||
==Governance== | ==Governance== | ||
The UADI maintains similar governing structures to other development financial institutions consisting of a Board of Governors from each member state, who in turn elect a Board of Directors and deputies. The Board of governors also select the Union’s president who is the chairperson of the board of directors and of the UADI. | The UADI maintains similar governing structures to other development financial institutions consisting of a Board of Governors from each member state, who in turn elect a Board of Directors and deputies. The Board of governors also select the Union’s president who is the chairperson of the board of directors and of the UADI. | ||