This committee aims to have a look at International Economic relations as a means to exercise pressure on political enemies in times of peace. (example of embargoes: North Korea, Iran, boycott of Cuba, South Africa)
Economic embargoes have the power to ruin an entire country, this is why delegates must debate the mutual and multiple impacts of politics and economy on each other.
Economy is like diplomacy: the extension of war with pacific means. Economy is thereby like a weapon, since governments can take aggressive measures in order to put pressure on a country. Military powers of a country as well can reinforce economic inequalities.
Power balance is a major issue during negotiations of international trade treaties for instance, since countries don’t have the same power to discuss. (example of the USA and Europe imposing their trade rules.) The UN recently proceeded to a recreation of rules economically treated, in order to reestablish a fair distribution of speech.
On the national scale these seizings of resources, for instance in Israel where they own the Jordan river, lead to major tensions and wars, here being the fight against Jordan and Lebanon.
The OPEC is a collective response to these economically caused civil wars. Clans that have taken property on resources such as in Colombia, Brazil, Yemen or even Congo Democratic Republic, and as a consequence groups are socially and economically excluded, since they cannot benefit from national resourced as it is their right. International rights are thus sometimes utterly disrespected.
The challenge of this committee will be to look for more equality within international trade and avoiding embargos/ political power to dominate a country, as well as the management of resources.