bilateral trade


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Related to bilateral trade: multilateral trade

bilateral trade

n
(Economics) a system of trading between two countries in which each country attempts to balance its trade with that of the other

bilateral trade

Trading between two countries where each attempts to balance its trade with that of the other.
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References in periodicals archive ?
He said, if Turkish government reduced the tariff, the bilateral trade would increase significantly.
Iran pursues free bilateral trade with the neighboring South Asian country (Pakistan)," Zarif said.
Tajodinni stressed that the agriculture sector of both countries should develop close cooperation to promote bilateral trade of products between Iran and Pakistan.
ISLAMABAD -- Owing to the fast-deteriorating relations between Pakistan and Afghanistan, bilateral trade between the two countries has witnessed a drastic decline from $ 2.
We project that our bilateral trade will increase 10 percent more this year, since we joined the trade committee to solve all the challenges together,' he said.
He informed that bilateral trade volume between Pakistan and Russian already increased from $ 400million to $541 million in a short span of time, which would further be improved.
PESHAWAR -- The bilateral trade between Pakistan and Russia has shown an increase of 33 percent during the last one year, but still there is a lot of potential for increasing business between the two countries.
An Iranian envoy has voiced his country's interest in booming bilateral trade with Pakistan by 70 percent.
The two sides held extensive and productive discussions on a variety of issues concerning bilateral trade and economic relations, including development and up-gradation of infrastructure at border trading points, further expansion of the Border Haats of the two countries, identification and resolution of non-tariff issues affecting bilateral trade, regional connectivity under BBIN MVA and ease of investment.
ISLAMABAD -- Pakistan and Jordan on Thursday agreed to enhance bilateral trade as King Abdullah II Ibn Al Hussein opened his two-day working visit to Pakistan.
He stressed that the agriculture sector businessmen of both countries should develop close cooperation to promote bilateral trade of agro products between Iran and Pakistan.
Traditionally, bilateral trade has been in favour of Pakistan.

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