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multilateral trade agreements

Title English: 
multilateral trade agreements
Definition English: 
A multilateral trade agreement involves three or more countries who wish to regulate trade between the nations without discrimination. They are usually intended to lower trade barriers between participating countries and, as a consequence, increase the degree of economic integration between the participants. Multilateral trade agreements are considered the most effective way of liberalizing trade in an interdependent global economy.
Title Arabic: 
اتفاقات تجارية متعددة الأطراف
Domain: 
Economic Development
Subject: 
Agreements
InformationType: 
Term
SourceSymbol: 
E/ESCWA/EDGD/2011/5