WebJun 28, 2016 · A most favored nation clause is a clause that will sometimes be found in commercial contracts. It is a contractual provision in which the seller agrees not to offer a better deal to another buyer without … WebJun 19, 2015 · Introduction: What is a Most Favored Nations Clause? The contract provision known as the most favored nations (“MFN”) clause is a promise obtained by a buyer from a seller that the seller will not give a better price to another buyer.
most-favored-nation clause definition · LSData
WebWhile the Most-Favored-Nation (MFN) clause has a long history in international trade agreements,1 it is perhaps best known as a founding principle of the General Agreement … WebA most-favored-nation clause is a provision in an agreement between two countries or parties that requires each to treat the other as well as it treats any other nation or party … cryocell twich
Definition of
Webmost-favoured nation clause: A clause which may be written into a contract that a physician or other healthcare provider in the USA has with a managed care organisation (MCO), requiring the doctor to give the MCO his or her lowest possible price for providing a particular service, effectively barring him or her from contracting with any person ... A most-favored-nation (MFN) clause requires a country providing a trade concession to one trading partner to extend the same treatment to all.1 Used in trade treaties for hundreds of years, the MFN clause and its principle of universal equal treatment underpin the World Trade Organization.234 In … See more In international trade, MFN treatment is synonymous with non-discriminatory trade policy. For example, if a country belonging to the WTO reduces or eliminates a tariffon a particular … See more In March 2024, the Congressional Research Service said the loss of permanent normal trade relations status by Russia as a result of Western sanctions would raise import duties on Russian titanium products … See more In the U.S., the Jackson-Vanik amendment to the Trade Act of 1974 denied the trade benefits of most-favored-nation status to non … See more In global trade, the non-discriminatory principle enshrined in the most-favored-nation clause extends the benefits of trade liberalization measures as widely as possible, while protecting smaller exporters against … See more Web1. Most-favoured-nation (MFN): treating other people equally Under the WTO agreements, countries cannot normally discriminate between their trading partners. Grant someone a … cryocells warm up