Plurilateral Agreement

(redirected from Plurilateral)

Plurilateral Agreement

A treaty between more than two, but not very many, countries. There is no set number that differentiates a plurilateral agreement from a multilateral agreement, though a plurilateral agreement has fewer parties. For instance, the World Trade Organization considers agreements between more than two members to be plurilateral, while agreements between all WTO members are multilateral.
References in periodicals archive ?
The discussions focused on a wide range of bilateral trade and investment issues, including labor rights and workplace safety under the GSP Action Plan and the Bangladesh Sustainability Compact; trends in the investment climate in Bangladesh; capital controls; developments in plurilateral and multilateral trade fora; and opportunities for investment in and cooperation with Bangladesh in several areas, including the development of infrastructure and energy resources.
The natural response of free traders is apparent: Regional and plurilateral free trade agreements, such as the Trans-Pacific Partnership, the Transatlantic Trade and Investment Partnership, the International Service Agreement, and the International Technology Agreement.
He said as an incentive to adding profitability to business ventures, Pakistan has effectively negotiated the bilateral, multilateral and plurilateral trading arrangements with many regions and countries in the world enabling its products to enter the foreign markets at lower tariffs.
Some of them also mentioned the importance of delivering concrete outcomes in plurilateral initiatives, on a most favoured nation (MFN) basis, such as the amendment of the Information Technology Agreement.
its establishment the number of bilateral and plurilateral preferential
At the same time we also believe that bilateral and plurilateral agreements can play an important role in facilitating the multi-lateral system, particularly in the light of the stalled Doha Round.
WTO director general Roberto Azevedo recently said that some members are seeking implementation of TFA as a plurilateral pact as part of the three alternatives to end the impasse over food security.
Besides this, like other countries Pakistan has also entered in to multiple bilateral and Plurilateral trading arrangements with the objective integrating its economy with the region, he added.
Plurilateral session of the working group on Kazakhstan's WTO accession was held on September 24, where foreign trade of Kazakhstan was considered.
eth]nhe European Commissioner is expected to provide an overall analysis of the EU's Trade Policy, such as the negotiations undertaken by the EU for Free Trade Agreements, the Doha multilateral negotiations, as well as the plurilateral negotiations for a Trade in Services Agreement (TiSA).
If the WTO is unable to move forward on the TFA, it may be possible for member countries to secure similar plurilateral agreements outside of the WTO framework.
On the 10th of August she will be participating in the East Asia Summit (EAS) foreign minister, on the afternoon itself on 10th she will be participating in the meeting 21st session of the Asean Regional Forum (ARF), these are all plurilateral in nature," he added.