Plurilateral Agreement

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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.
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References in periodicals archive ?
such measures into multilateral or plurilateral agreements gives them
One of the key mandates of the WTO was to integrate the numerous bilateral and plurilateral agreements between countries or regions into the global trade system in order to create a uniform system that would boost trade by not only opening up new markets around the world, but also by removing differential tariffs that countries often applied on all but a few of their favored trading partners.
Secondly, the WTO must agree that the way forward with regard to making rules is by plurilateral agreements covering a subset of WTO members.
Instead, trading partners should work on "securing more ambitious bilateral and plurilateral agreements on trade and investment."
These publications have examined what could be the consequences of the World Trade Organisation's (WTO's) agreements, of regional agreements and plurilateral agreements for population health and/or for health systems.
The ability of plurilateral agreements to act as alternatives to WTO and an organization to govern foreign direct investments (FDIs) around the world built on the lines of the organization are explored, since investment and supply chain trade have a close correlation.
A number of options exist for upgrading the trade and investment operating system -- from new negotiating approaches to sectoral and plurilateral agreements -- but regardless of which path, upgrade it must.
A number of options exist for upgrading the trade and investment operating system--from new negotiating approaches to sectoral and plurilateral agreements --but regardless of which path, upgrade it must.
* the Tripartite Free Trade Area Agreement in Africa, striving to consolidate three existing plurilateral agreements related to the East African Community (EAC), the Common Market for Eastern and Southern Africa (COMESA) and the Southern African Development Community (SADC), and involving 26 parties.
"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.
Leaders pledged to ensure that bilateral, regional, and plurilateral agreements are transparent, complementary, and strengthen the multilateral trading system under the World Trade Organization (WTO).