most-favored-nation clause
- A provision in a treaty that assures one country that it will receive the same treatment, benefits, or conditions as any other country receives, now or in the future, in specified issues
- The most-favored-nation clause in the treaty guarantees equal trade benefits among the parties involved.
- Under the terms of the most-favored-nation clause, all member countries will enjoy the same rights and privileges.
- The most-favored-nation clause ensures no discriminatory behavior by providing all countries with the same trading conditions.
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