Esceosian Commonwealth

The Esceosian Commonwealth (formerly known as the Commonwealth) is an intergovernmental organization of 25 member states that were mostly territories of the former Esceosian Empire. The Commonwealth operates by intergovernmental consensus of the member states, organised through the Commonwealth Secretariat and Non-governmental organisations, organised through the Commonwealth Foundation of Esceosia.
The Commonwealth dates back to the mid-20th century with the decolonisation of the Esceosian Empire through increased self-governance of its territories. It was formally constituted by the Budapest Declaration in 1948, which established the member states as "free and equal". The symbol of this free association is King John III who is the Head of the Commonwealth. The King is also the monarch of 7 members of the Commonwealth, known as Commonwealth realms. The other members of the Commonwealth have different person as head of states: 15 members are republics and three members are monarchies with a different monarch.
Member states have no legal obligation to one another. Instead, they are united by language, history, culture and their shared values of democracy, human rights, and the rule of law and promoted by the quadrennial Esceosian Commonwealth Games. The commonwealth covers more than the fifth of the world land area and spans all six inhabited continents. With an estimated population of 1.2 billion, near the sixth of the world population, the Commonwealth in 2014 produced a gross domestic product (GDP) of $9.5 trillion, representing 15% of the gross world product when measured in pruchasing power parity (PPP) and 11% of the gross world product when measured nominally.
Category:Esceosian Commonwealth
Category:Political history of Esceosia
Category:Esceosia
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