multilateral

(adjective)

Involving more than one party (often used in politics to refer to negotiations, talks, or proceedings involving several nations).

Related Terms

Examples of multilateral in the following topics:

  • The General Agreement on Tariffs and Trade (GATT)

    • The General Agreement on Tariffs and Trade (GATT) is a multilateral agreement regulating international trade.
    • The General Agreement on Tariffs and Trade (GATT) is a multilateral agreement regulating international trade.

  • The World Bank

    • The World Bank differs from the World Bank Group, in that the World Bank comprises only two institutions: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), whereas the former incorporates these two in addition to three more: International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA), and International Centre for Settlement of Investment Disputes (ICSID).

  • Balance of Trade

  • Ethical Barriers

    • Other common targets of anti-corporate and anti-globalization movements include the Organisation for Economic Co-operation and Development (OECD), the WTO, and free trade treaties like the North American Free Trade Agreement (NAFTA), Free Trade Area of the Americas (FTAA), the Multilateral Agreement on Investment (MAI), and the General Agreement on Trade in Services (GATS).