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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).
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 ...
Most Favored Nation (MFN) Principle: The MFN principles ensures that every time a WTO Member lowers a trade barrier or opens up a market, it has to do so for the like goods or services from all WTO Members, without regard of the Members’ economic size or level of development. The MFN principle requires to accord to all WTO Members any ...
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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Favored Nations uses social media networks and e-commerce to raise funds for its charity activity. [11] The nonprofit also designs for sale a variety of merchandise in collaboration with celebrities and influencers [12] and then acts as an intermediary between donors and charities, where each donor can contribute to a charity from the list of nonprofit organizations including Black Lives ...
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Mongolia seeks closer relations with countries in Europe and hopes to receive most-favoured-nation status from the European Union (EU). During 1991, Mongolia signed investment promotion and protection agreements with Germany and France and an economic cooperation agreement with the United Kingdom. Germany continued former East German ...