Most-Favoured-Nation

Quelle: https://www.wto.org/english/tratop_e/dda_e/dda_e.htm

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 prohibits discrimination among members, with exceptions for regional trade agreements and other allowed arrangements.

Related Terms

You might also be interested in these terms

MFN (Most Favoured Nation)

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...

Learn more

Most Favored Nation (MFN)

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...

Learn more

Most-Favored-Nation Exception

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

Learn more

Most-Favored-Nation Clause

The Most-Favored-Nation Clause in Free Trade Agreements ensures that a country will not impose less favorable trading conditions on one trade partner ...

Learn more

most-favored-nation exception for FTAs

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

Learn more

destination

The destination is the place at which a consignment, shipment, or goods are received or delivered.

Learn more

⚖️ ICC Incoterms 2020

Incoterms 2020 Simulator: Who bears costs & risk?

Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.

Incoterms Simulator →