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 ?
multilateral or plurilateral agreement to help give effect to the Paris
The GPA is a plurilateral agreement potentially open to all WTO members and binding only the parties to the Agreement.
Under a deal, participants would reduce tariffs to agreed levels for a specified set of products, or a "plurilateral agreement" that lets countries strike deals on tariffs without including the entire membership of the WTO, the FT says.
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.