Most Favoured Nation treatment definition

Most Favoured Nation treatment means any advantage, favour, privilege or immunity granted by any Member State to any product originating in or destined for any third country and shall be accorded immediately and unconditionally to the like product originating in or destined for the territories of all other Member States;
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Most Favoured Nation treatment means non-discriminatory application of tariffs, para-tariffs and non-tariff barriers.
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Most Favoured Nation treatment. (MFN) means that advantages that any Tripartite Member/Partner State offers to third countries would be offered to other Tripartite Member/Partner States. The purpose is to ensure that Tripartite Member/Partner State trade amongst each other on terms as good as or better than that offered to non-FTA partners. These advantages would be extended on reciprocity.
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Examples of Most Favoured Nation treatment in a sentence

  • The Parties agree that CARICOM shall grant Most Favoured Nation treatment in the application of the customs tariff in respect of all imports from Colombia.

  • The Most Favoured Nation treatment referred to in paragraphs (1) and (2) of Article 5 shall not extend to provisions on the settlement of Investor-State disputes.

  • Without prejudice to the provisions of Article 31 of Annexe IV, the Most Favoured Nation treatment granted in accordance with the provisions of this Agreement, or any arrangement adopted under this Agreement, does not apply to tax advantages which the Parties are providing or may provide in the future on the basis of agreements to avoid double taxation or other tax arrangements, or domestic fiscal legislation.

  • The TRIPS Agreement, briefly put, stipulates full compliance with the Paris and Berne Conventions in their latest ver- sions, and it acknowledges the principle of national treatment, alongside the trade policy principle of Most Favoured Nation treatment (MFN).

  • Article 4 ensures that investments will receive Most Favoured Nation treatment (i.e. investments of investors of a Party will be treated on a basis no less favourable than investments of investors from third countries).

  • On the other hand, research production skills enable students to design and initiate original research (Ravidand Leon, 1995).

  • Investors whose investments have suffered losses due to armed conflict or civil strife, shall benefit from treatment in accordance with Article [National treatment] and Article [Most Favoured Nation treatment] as regards restitution, indemnification, compensation or any other settlement it adopts or maintains relating to such losses.

  • According to the last Trade Policy Review of the WTO (2011) for the ECs, only eight WTO members are subject to exclusively Most Favoured Nation treatment by the EU in all product categories.

  • This will only switch this one vortex that was brought into resonance.A flexible way for the manipulation of the vortex core gy- ration orbit and resonance frequency is the modulation of the particular anisotropy in the material.14 This can be done by combining piezoelectric elements with magnetostrictive ferromagnetic structures to set the anisotropy by means of magneto-elastic (ME) coupling.

  • This Chapter confirms that the commitments in Chapter 8, Investment, (above, page 5) and Chapter 9, Cross-Border Services, (above, page 6) apply to maritime services, particularly the obligations to ensure National Treatment and Most Favoured Nation treatment in regard to access and use of port facilities.


More Definitions of Most Favoured Nation treatment

Most Favoured Nation treatment. Contracting Parties shall accord to transit transport to or from the territory of any other Contracting Parties treatment no less favourable than the treatment accorded to transit transport to or from any other country; National Treatment: Contracting Parties shall accord to products which have been in transit through the territory of any other Contracting Party treatment no less favourable than that which would have been accorded to such products had they been transported from their place of origin to their destination without going through the territory of such other Contracting Party; Consistency: Contracting Parties shall ensure the consistent application of the relevant laws and regulations, procedures, and administration guidelines and other rulings within each Contracting Party;
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Most Favoured Nation treatment with respect to goods shall mean that the goods imported from a one country or territory shall enjoy the treatment not less favourable than the treatment accorded to like goods imported from any other country or territory;
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Most Favoured Nation treatment means treatment accorded within the territories of a Party upon terms no less favourable than the treatment accorded therein, in like situations, to nationals, companies, products, vessels or other objects, as the case may be, of any third country.
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Most Favoured Nation treatment means treatment upon terms not less favourable than the terms of the treatment accorded by the granting State to any third State in a defined sphere of international relations with respect to determined persons or things.
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Most Favoured Nation treatment means treatment accorded immediately and unconditionally to the nationals of all other Member States of the World Trade Organization;
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Most Favoured Nation treatment or “MFN Treatment” means:
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Related to Most Favoured Nation treatment

  • Conventional filtration treatment means a series of processes including coagulation, flocculation, sedimentation, and filtration resulting in substantial particulate removal.

  • Overseas treatment means treatments or appliances provided or sourced from outside of Australia. This includes treatment on cruise ships inside or outside Australian waters.

  • preferential tariff treatment means the rate of customs duties applicable to an originating good of the exporting Party in accordance with paragraph 1 of Article 16; and

  • Substance abuse treatment means outpatient or inpatient services or participation in Alcoholics Anonymous or a similar program.

  • Medical Treatment means examination and treatment by a Legally Qualified Physician for a condition which first manifested itself, worsened or became acute or had symptoms which would have prompted a reasonable person to seek diagnosis, care or treatment.

  • Continuing treatment means ongoing medical treatment or supervision by a health care provider.

  • National Road Traffic Act means the National Road Traffic Act, 1996 (Act 93 of 1996);

  • Economic abuse means any behaviour that has a substantial adverse effect on B’s ability to—

  • Hospital treatment means treatment (including provision of goods and services) that is intended to manage a disease, injury or condition and is provided at a hospital or arranged with the direct involvement of a hospital.

  • UK Treaty State means a jurisdiction having a double taxation agreement (a “UK Treaty”) with the United Kingdom which makes provision for full exemption from tax imposed by the United Kingdom on interest.

  • Day treatment means specialized treatment that is provided to:

  • Qualified residential treatment program means a program that (i) provides 24-hour residential

  • National Treatment NT shall not apply to any measure affecting the type of activities which may be conducted on land or the usage of land, including but not limited to, land zoning, land use and urban planning policies. Urban Redevelopment Authority Act, Chapter 340, 1985 Revised Edition

  • Maltreatment means the neglect, abuse, or financial exploitation of a vulnerable adult.

  • Official traffic-control devices means all signs, signals, markings, and devices not inconsistent with this chapter placed or erected by authority of a public body or official having jurisdiction, for the purpose of regulating, warning, or guiding traffic.

  • Sewage Treatment Plant means any arrangement of devices and structures used for treating sewage.