Mutual Recognition Agreements
Mutual Recognition Agreements (MRAS) in International Trade
Meaning of Mutual Recognition Agreements (MRAS), according to the Dictionary of International Trade (Global Negotiator): Mutual Recognition Agreements are negotiated on a sectoral basis (such as processed foods, telecommunications. medical devices, chemicals, etc.) ) and allow countries to accept each other's final test results, although quality assurances may be required. Under MRAs the entire testing and certification process may occur outside the importing country.
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