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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 basic WTO principle of most favoured nation (MFN) applies to GATS as well. However, upon accession, members may introduce temporary exemptions to this rule. However, upon accession, members may introduce temporary exemptions to this rule.
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 ...
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.
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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
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