the most favoured nation clause
1most-favoured-nation clause — A clause in a trade agreement between two countries stating that each will accord to the other the same treatment as regards tariffs and quotas as they extend to the most favoured nation with which each trades. Both the World Trade Organization… …
2Most favoured nation — In international economic relations and international politics, most favoured nation (MFN) is a status or level of treatment accorded by one state to another in international trade. The term means the country which is the recipient of this… …
3most-favoured-nation clause — /məυst ˌfeɪvəd neɪʃ(ə)n klɔ:z/ noun an agreement between two countries that each will offer the best possible terms in commercial contracts …
4most favoured nation provision — + Most Favored Nations Provision (MFN) USA This term has a number of meanings. In the context of: • Finance, business jargon for the concept that the first party will be entitled to at least as favorable terms as a second party in specified… …
5The United States of America — The United States of America † Catholic Encyclopedia ► The United States of America BOUNDARIES AND AREA On the east the boundary is formed by the St. Croix River and an arbitrary line to the St. John, and on the north by the… …
6The Counter-Reformation — The Counter Reformation † Catholic Encyclopedia ► The Counter Reformation The subject will be considered under the following heads: I. Significance of the term II. Low ebb of Catholic fortunes III. St. Ignatius and the Jesuits,… …
7Enabling clause — In 1979, as part of the Tokyo Round of the General Agreement on Tariffs and Trade (GATT), the enabling cause was adopted in order to provide a legal basis for extending the Generalized System of Preferences (GSP) beyond the original 10 years. In… …
8Ouchy Convention — The Ouchy Convention was negotiated at Ouchy (Switzerland) in June 1932, but signed at Geneva on 18 July 1932 between the two BLEU countries, Belgium and Luxembourg and the Netherlands. At the convention the three countries agreed to a gradual… …
9History of the Caribbean — The history of the Caribbean reveals the significant role the region played in the colonial struggles of the European powers since the fifteenth century. In the twentieth century the Caribbean was again important during World War II, in the… …
10History of the Jews in England — The first written records of Jewish settlement in England date from the time of the Norman Conquest, mentioning Jews who arrived with William the Conqueror in 1066 although it is believed that there were Jews present in Great Britain since Roman… …
