08/03/2021
Sanctions on Reitzmag kick in
The first ships and planes from and to Reitzmag were denied entry to the Baltic canal and Duchian airspace today. The sanctions kicked in as the state refused to comply with conditions that it sign a treaty and agree to stop island building in the Caspian outside of its territorial waters. The move has caused businesses to reduce imports from Reitzmag also as port restrictions started applying also with extra paperwork required to import from Reitzmag to prove it was essential for business with no alternatives.
Experts predict that the Reitzmag economy could drop by 8% or more this year should Reitzmag not resolve its issues with its Caspian neighbours as Pravoslavya and North Diessan restrictions and sanctions also kicked in including airspace restrictions. Ships bound for Copala are to be allowed through as long as Copala introduces customs checks on Reitzmag border in line with the previous agreement. The government said in a statement "We have been forced to introduce these sanctions due to the arrogant selfish attitude of the Reitzmag government who have decided their pride is worth more to them than good relations with their neighbours. We have offered multiple chances to negotiate , sign agreements and get on a good footing with us and their neighbours , they have refused all reasonable attempts to negotiate. I call on them to sign the reasonable treaty proposed for the sake of their businesses and citizens , f they really care abotu their citizens rather than their pride they will sign to end this crisis. We will implement stage 2 of sanctions if there is no signing of the treaty within a month."