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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).
After the two governments settled asset claims dating from the Korean War in 1950, Congress temporarily granted China most favored nation status in 1980. However, Chinese-American trade was still hindered by the Jackson–Vanik amendment of 1974, which made trade with the United States contingent on certain human rights metrics. The Jackson ...
The concept of GSP is very different from the concept of "most favored nation" (MFN). MFN status provides equal treatment in the case of tariff being imposed by a nation but in case of GSP differential tariff could be imposed by a nation on various countries depending upon factors such as whether it is a developed country or a developing country.
The United States, the European Union, Britain, Canada and Japan were due to move jointly on Friday to revoke Russia's "most favoured nation" (MFN) status over its invasion of Ukraine, people ...
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The Dutch–Indonesian Round Table Conference (Dutch: Nederlands-Indonesische rondetafelconferentie; Indonesian: Konferensi Meja Bundar) was held in The Hague from 23 August to 2 November 1949, between representatives of the Kingdom of the Netherlands, the Republic of Indonesia and the Federal Consultative Assembly, representing various states the Dutch had created in the Indonesian archipelago.
MFN, acronym for Most favoured nation status in international relations; MfN, acronym for Museum für Naturkunde, a natural history museum in Berlin, Germany; MFN, the IATA code for Milford Sound Airport, New Zealand; Metromedia Fiber Network, Inc., now known as AboveNet; Multi-frequency network; Music for Nations, a British record label
One of the key features of the MSG is the Melanesian Spearhead Group Trade Agreement, a sub-regional preferential trade agreement established to foster and accelerate economic development through trade relations and provide a political framework for regular consultations and review on the status of the Agreement, with a view to ensuring that ...