Trade Agreements Glossary

1 words in this vocabulary list

noun a bilateral agreement or treaty between two countries

adjective relating to, involving, or affecting two sides or both sides

  • The two countries signed a bilateral agreement to strengthen economic cooperation.
  • They have a bilateral trade deal that benefits both sides.
  • Let's keep this bilateral discussion between us for now.
  • Their relationship is like a bilateral contract, with each party having specific obligations.