Most Favored Nation


Also found in: Dictionary.
Related to Most Favored Nation: MFN, GATT, National treatment

Most Favored Nation

A privilege granted by one country to another whereby the products of the privileged country pay the lowest delivered duty paid charged by the granting country.

Most Favored Nation

A status in which a country assesses the lowest possible tariffs that it can assess on another country. For example, if a country's lowest tariff is a certain percentage of the value of a good, it charges this percentage on an import from a country with most favored nation status. Members of the World Trade Organization are required to extend Most Favored Nation status to other members, though exceptions exist. In the United States, most favored nation status is formally called permanent normal trade relations.
Mentioned in ?
References in periodicals archive ?
Pakistani entrepreneurs have warned that non-removal of tariff and non-tariff barriers (NTBs) by India and concurrently the grant of Most Favored Nation (MFN) status or Non-Discriminatory Market Access (NDMA) status to India would result in widening Pakistan's trade deficit, as imports from India will surge against exports.
MFN status for India
Commerce Minister Amin Faheem said during a visit to New Delhi last year that Pakistan would grant most favored nation status to India from Jan.
Pakistan calls on India to remove non-tariff barriers
6), which bans the use of Most Favored Nation clauses by the health insurance industry in Michigan as of Jan.
Blue Cross Blue Shield of Michigan, U.S. Department of Justice and State of Michigan Jointly File to Dismiss Antitrust Case
Which candidate calls for denying Most Favored Nation trading status to China, saying: "We've got a $60 billion trade deficit with Chinese Communists who persecute Tibetans, persecute Christians, persecute political dissidents .
Buchanan to the Left of Them
Nonetheless, some members of Congress may battle against renewing China's Most Favored Nation trade status in the wake of allegations that Clinton inappropriately approved the transfer of defense technology to Beijing in exchange for campaign contributions from a U.
CLINTON LETS CHINA IMPORTS FLOW
Look no further than China's handling of its most important bread-and-butter trade issue--preservation of its most favored nation status with the United States.
Most favored lobby: China gets what it wants the old-fashioned way
Then came the bitter confrontations with Japan over auto parts and with China over Most Favored Nation renewal.
Trade winds
Islamabad, Nov 17(ANI): Pakistan Prime Minister Yousaf Raza Gilani has said that a final decision on granting Most Favored Nation (MFN) status to India has not been taken.
No decision on granting MFN status to India yet, says Gilani
Chesky's medical and legal expertise will be critical when determining the impact of most favored nation clauses on health care costs and on the availability of, and accessibility to, quality health care
Stuart Chesky, DO, JD, Ohio KePRO Medical Director, Appointed to Ohio Joint Legislative Study Commission on Most Favored Nation Clauses in Health Care Contracts
Congress revokes the most favored nation status of China, it could be damaging to U.
'BUSINESS AS USUAL' FOR U.S. SPY PLANE STANDOFF NOT AFFECTING FIRMS
By separating trade from human rights when it reaffirmed Most Favored Nation trading status for China in 1994, the United States gave up all its chips.
Human rights and business as usual
If our silly Congressmen put through a revocation of China's Most Favored Nation status, it will upset the present friendly feeling that Chinese businessmen seem to have towards their American counterparts.
Take the fast boat to China

Financial browser ?
Full browser ?