Plurilateral Agreement

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 ?
In order to limit abuse of WTO rules by China, Europe's leaders want to be able to negotiate new, clearer rules, either through the framework of a bilateral investment agreement or through a plurilateral agreement on public procurement.
Besides, in Nairobi the EU has contributed to the formal conclusion of the new Information Technology Agreement (ITA 2)--a plurilateral agreement which extends the scope of the earlier ITA agreement signed under the WTO in 1996.
The two governments announced that they had reached an understanding on products to be covered under a new Information Technology Agreement (ITA), a plurilateral agreement being negotiated among 70 members of the World Trade Organization (WTO).
He said Pakistan is the only country from Asia, which is negotiating the plurilateral agreement on trade in services to get market access for its services providers and exporters.
He also points to the plurilateral Agreement on Government Procurement (GPA), which has just been revised, and comprises specific rules on the opening up of public markets, as well as on transparency and non-discrimination.
Rather, it was concluded as a plurilateral agreement at the WTO's Singapore Ministerial Conference in December 1996.
This plurilateral agreement is now all but approved and is designed to protecting knitwear and other manufacturers against illicit copies through tough criminal penalties for counterfeiters.
Over the next decade (after the Doha Round is concluded or abandoned), the best prospect is for a plurilateral agreement reached among a subset of WTO members.
The timing of the initiative, she explained, is due to a "window of opportunity" at the World Trade Organisation regarding the renegotiation of the existing plurilateral Agreement on Government Procurement, in force since 1996, of which the EU is a signatory, along with several other countries including the USA.
A number of countries decided that it was better to have a plurilateral agreement rather than multilateral nothing,'' Lamy added, citing the example of a previous agreement on government procurement under which WTO member states took the same approach as the commission now plans to introduce.
In line with our open policy, Singapore is also a member of the 1994 World Trade Organization (WTO) plurilateral agreement on government.
Also, the WTO has the institutional infrastructure and capacity to cater to negotiating and monitoring an agreement on international competition rules (possibly in the form of a plurilateral agreement between a more limited number of signatories than full WTO membership).