Bilaterals
/ˌbaɪˈlætərəlz/
Definitions
- (n.) Agreements or treaties between two parties, usually sovereign states, defining mutual rights and obligations.
The countries signed bilaterals to facilitate trade and investment.
Related terms
See also
Commentary
The term 'bilaterals' is chiefly used in plural to refer to multiple bilateral agreements; singular 'bilateral' is an adjective or noun related to two-party agreements.
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