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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

bilateral trade

Trading between two countries where each attempts to balance its trade with that of the other.
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
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ISLAMABAD -- Ambassador of Saudi Arabia to Pakistan Nawaf Bin Said Al-Malki called on Energy Minister OmarAyub Khan on Friday to discuss matters related to bilateral trade and investment.
ISLAMABAD -- Ambassador of Saudi Arabia to Pakistan Nawaf Bin Said Al-Malki called on Energy Minister Omar Ayub Khan on Friday to discuss matters related to bilateral trade and investment.
He said the bilateral trade and investment is growing robustly with India adding that the bilateral trade between Bangladesh and India reached to $9.49 billion.
Daroo Khan Achakzai discussed with authorities of Japan Ministry of Economy and Trade various issues of bilateral trade and economic relations to find means for rapid advancement on these two counts.
Scrapping of import duty would help increase bilateral trade between Islamabad and Ankara, which has declined from $1.08 billion to $792 million in the last year, said the country's apex trade body.
He said that volume of bilateral trade between the two countries is 2.18 billion dollars which is far less than the existing potential however it is maximum in case of ASEAN (Association of Southeast Asian Nations) countries, adding that no doubt the balance of trade is in favour of Indonesia but the real issue is bilateral trade as in case of China-Indonesia trade, it is in favour of China.
The delegation expressed these views during meeting with Razaq Dawood, Advisor to PM on Commerce, Textile, Industries and Production, and Investment in the first session of 8th Pak-Iran Joint Trade Committee to review progress of issues relating to bilateral trade.
ISLAMABAD -- Pakistan intends to improve bilateral trade and economic ties with Iran, said Adviser to Prime Minister on Commerce, Textile, Industries and Production Abdul Razak Dawood.
According to Anadolu Agency, Ruhsar Pekcan, the Turkish Trade Minister, said: "With this decision, duties levied on the US originating aforementioned products will be reduced from $521.2 million to $260.6 million." Turkey keeps working on eradicating all obstacles to bilateral trade and achieving bilateral trade volume target, she added.
Summary: New Delhi [India], May 6 (ANI): Bilateral trade between India and the United States in goods and services grew 12.6 per cent from USD 126 billion in 2017 to USD 142 billion in 2018, according to an official release.
TEHRAN -- Prime Minister Imran Khan on Monday said it was time that both Pakistan and Iran should find out ways and means to enhance their bilateral trade to exploit the existing potential, media reported.

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