Conditional Most-favoured-nation Treatment

Conditional most-favoured-nation treatment in Global Commerce Policy

In this regard, conditional most-favoured-nation treatment is: also called code- conditioned MFN. The entries on trade policy are here. It means the granting of most-favoured-nation treatment (MFN) subject to conditions being met by the country receiving it. Membership of an agreement may be such a condition. The entries on trade policy are here. In the case of the WTO Agreement on Government Procurement, for example, MFN on government purchases only has to be extended to the other members of the Agreement. There are also cases where a country decides to grant MFN to another country only if some conditions unrelated to trade are met. Such a situation arose when the United States Congress adopted the Jackson- Vanik Amendment to the 1974 Trade Act which limited the granting of MFN to countries operating a liberal emigration policy.[1]

Conditional most-favoured-nation treatmentin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Conditional most-favoured-nation treatment” entry (OAS)

See Also