A Most-Favored-Nation (MFN) Clause is a trade law principle obligating a country to extend to any trading partner the most favorable tariff rates and trade conditions it grants to any other country for comparable goods.
Source: https://www.wto.org/english/thewto_e/whatis_e/tif_e/fact2_e.htm
Tools that match this term
You might also be interested in these terms
Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.
Weekly: Top news, industry facts and insights from the world of logistics – free.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.