Most-Favored-Nation Clause

A trade principle that requires a country to extend the same trade terms to all its trading partners as it provides to its most favored trading partne...

A principle whereby any favorable trade advantage granted by one WTO member to any product or service must be extended to all other WTO members. It pr...

The Most-Favored-Nation Exception under Article XXIV of GATT allows contracting parties to apply special trade conditions for certain goods and servic...

A trade principle under which a country must apply the same customs duties and trade advantages to all WTO members. MFN obliges a country to refrain f...

A termination clause is a contractual provision that specifies the conditions and notice periods under which a contract may be terminated by one or bo...

The most-favored-nation exception for free trade agreements (FTAs) refers to provisions that allow a country to grant preferential trade terms within ...