Most favoured nation: Difference between revisions
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imported>Doug Williamson (Create page - source - Oxford Dictionary of Law - 10th Edition - 2022.) |
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Latest revision as of 14:47, 3 November 2022
International law - trade - tariffs.
(MFN).
Most favoured nation treatment is a situation where a state promises to trade with another on the most favourable available tariff terms.
Most favoured nation treatment - where applicable - is usually incorporated into a treaty between the trading partners.