Commercial Treaties
Commercial Treaties
Commercial Treaties, formal agreements concluded between states for the purpose of establishing mutual rights to, and regulating conditions of, trade and navigation in the territories of the signatories. Provisions often cover the rights of nationals of one party to reside in the territory of the other and to acquire and hold property there; consular jurisdiction; rights of asylum in time of war; fishing rights; regulation of free ports; and conditions governing the collection of debts due a foreign trader and those governing the taxation of foreign investors. (1)
In this Section: Commercial Treaties, Commercial Treaties Conditions, Trade Agreements, Commercial Treaties History (including National Treatment, Protectionism and Freer Trade) and Most-Favored-Nation Clause.