negociate - confer with another in order to come to terms or reach an agreement; "The parties negociated all night"
2.
renegotiate - revise the terms of in order to limit or regain excess profits gained by the contractor; "We renegociated our old mortgage now that the interest rates have come down"
Former finance minister Dr Hafiz Pasha and former advisor to the finance ministry Dr Ashfaque Hasan Khan have already said that the new economic realities may force the government to renegotiate the $6 billion loan deal.
When we decided we must renegotiate, he told the president and premier of China very firmly and straight to their faces about the need to do so, even as we wanted to have stronger ties with them,' Saifuddin said.
A report in the Financial Times on Sunday said Pakistani advisers and ministers and the new installed PTI government at the centre was going to review BRI investments and renegotiate a trade agreement reached more than 10 years ago, which is advantageous to the Chinese.
In the vast majority of cases so far, the retailers have chosen to renegotiate rents by reducing payment terms or offloading leases on unprofitable stores.
She added that France, which has struck several multibillion dollar deals in Iran since the 2015 agreement, neither wanted to reopen or renegotiate the accord, but to ensure it was being implemented rigorously.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.