Most-Favored-Nation Treatment
/ˌmoʊst ˈfeɪvərd ˈneɪʃən ˈtriːtmənt/
Definitions
- (n.) A principle in international trade and treaty law requiring a party to provide any concessions, privileges, or immunities granted to one nation to all other parties to the agreement equally.
The treaty ensures that each member receives most-favored-nation treatment, preventing discrimination among trading partners.
Forms
- most-favored-nation treatment
Related terms
See also
Commentary
Typically used in trade agreements to guarantee non-discriminatory trading terms among signatories.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.