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Most favoured nation - Wikipedia
A most favoured nation clause (also called a most favoured customer clause or most favoured licensee clause) is a contract provision in which a seller (or licensor) agrees to give the buyer (or licensee) the best terms it makes available to any other buyer (or licensee).
Most-Favored-Nations (MFN) Clause: Treating Trading Partners ...
2024年9月9日 · What Is the Most-Favored-Nation (MFN) Clause? A most-favored-nation (MFN) clause requires a country providing a trade concession to one trading partner to extend the same treatment to all.
Most-Favored-Nation Clause - Overview, History, Benefit
The most-favored-nation clause is a stipulation that requires a country to provide concessions, privileges, or immunities that are to be granted to one nation in a trade agreement or to be granted to all other countries that are members of the World Trade Organization (WTO).
Most Favored Nation - Meaning, Principles, Examples
The Most Favored Nation (MFN) status refers to granting similar trade benefits comprising low tariffs, including favorable market access conferred upon its trading partner as per the principle of international trade.
Most-Favored Nations (MFN) Clause: Meaning and Importance
The Most-Favored Nations (MFN) Clause, despite its imposing name, is a fundamental concept in contract law. At its core, the MFN clause is a provision that ensures that one party in a contract receives the best terms or treatment that the other party offers to any third party.
Most Favoured Nation (MFN) status - ClearIAS
2024年12月17日 · The Most Favoured Nation (MFN) status is a fundamental principle in international trade under the framework of the World Trade Organization (WTO). It ensures non-discriminatory trade practices among member countries.
Most-Favored-Nation Clause - Overview, How It Works, Benefits
2024年11月29日 · The Most-Favored-Nation (MFN) clause ensures equal trade benefits among nations, preventing discrimination and promoting fair commerce in international relations. It mandates that any trade concession offered to one trading partner must be extended to all others, promoting reciprocity and non-discrimination in trade agreements.
most favored nation | Wex Legal Dictionary / Encyclopedia ...
Most favored nation refers to a status conferred by a clause in which a country promises that it will treat another country as well as it treats any other country that receives preferential treatment. Most favored nation clauses are frequently included in bilateral investment treaties.