Bi-lateral - Hutchinson encyclopedia article about Bi-lateral Printer Friendly
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bilateralism
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   Also found in: Wikipedia 0.04 sec.

bilateralism

In economics, a trade agreement between two countries or groups of countries in which they give each other preferential treatment. Usually the terms agreed result in balanced trade and are favoured by countries with limited foreign exchange reserves. Bilateralism is incompatible with free trade.



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In turn, Phillip Paulwell, the Jamaican minister of trade, science, and technology, highlighted the importance of the bi-lateral agreement executed between Jamaica and Venezuela, which will allow increasing fuel supply from Jamaica to the Caribbean.
Understanding balance, bi-lateral and radial symmetry, and symmetrical design.
signing of bi-lateral agreements with jurisdictions interested in proceeding in new investment in this area and signing of agreements between Ottawa and municipalities, if there is no basis for an agreement between the governments.
 
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