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bilateralism
(redirected from Bilateral trade agreement)

   Also found in: Financial, Acronyms, Wikipedia 0.01 sec.
bi·lat·er·al  (b-ltr-l)
adj.
1. Having or formed of two sides; two-sided.
2. Affecting or undertaken by two sides equally; binding on both parties: a bilateral agreement; bilateral negotiations.
3. Relating to the right and left sides of the body or of a body structure.
4. Having or marked by bilateral symmetry.

bi·later·al·ism n.
bi·later·al·ly adv.
bi·later·al·ness n.

bilateralism
the practice of promoting trade between two countries through agreements concerning quantity and price of commodities. Cf. multilateralism.bilateralistic, adj.
See also: Economics
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.bilateralism - the property of being symmetrical about a vertical plane
symmetricalness, symmetry, correspondence, balance - (mathematics) an attribute of a shape or relation; exact reflection of form on opposite sides of a dividing line or plane


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Taiwan wants to enter into formal negotiations on a bilateral trade agreement with China soon, the island's economic minister said here on Thursday.
The most powerful economic arguments against regional and bilateral trade agreements are that they can cause trade diversion and trade distortions and ultimately undermine the multilateral system because of their discriminatory nature.
Brazil, Mexico also discuss bilateral trade agreement While the focus of the conversations between Calderon and Lula was on cooperation in their energy sectors, they also discussed extending their trade relationship.
 
 
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