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FrançaisA international agreement involving three or more parties. For example, the GATT (General Agreement o Tariffs and Trade) has been, since its establishments in 1947, seeking to promote trade liberalization through multilateral negotiations. See also bilateral trade agreement.
Read MoreMultinational corporation (MNC)
A large commercial organization with affiliates operating companies in a number of different countries. A typically one normally functions with a headquarters that is based in one country, while other facilities are based in locations in other countries. In some…
Read MoreMutual Recognition Agreements (MRAs)
Mutual Recognition Agreements are negotiated on a sectoral basis (such as processed foods, telecommunications. medical devices, chemicals, etc.) ) and allow countries to accept each other´s final test results, although quality assurances may be required. Under MRAs the entire testing…
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