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commercial treaty

commercial treaty

5.1
An agreement between countries about trade rules and taxes
  • noun
  • /kəˈmɜrʃəl ˈtriːti/
  • Formal
translation icon : tratado comercial
  • The commercial treaty between the two countries aimed to reduce tariffs and promote economic cooperation.

Examples

  • 54 commercial treaties with Yugoslavia and Romania were concluded by Italy on 4 and 6 January, but Rome remained unsuccessful in her promotion of a larger Eastern European understanding that would include revisionist Hungary.

    Academic text (1995)
  • He gradually gained their trust for himself and his country, persuaded them with American friendliness, and finally succeeded in developing a commercial treaty between the two countries.

    Academic text (1994)
  • Will it have the power to constitute commercial treaties with foreign nations?

    Academic text (2001)
  • Most Japanese have felt that the commercial treaties with foreign powers during this period were very unfair and were forced on Japan.

    Academic text (1996)
  • Mazzini and his followers, who in 1852 were trying to obtain the United States' political and economic support for their enterprise and promising ports and commercial treaties in exchange, figure as the heroes.

    Academic text (2001)
  • Puerto Rico must have the authority to enter into international tax and commercial treaties in order to increase and diversify foreign investments, widen its export market, and lower import costs.

    Academic text (1997)
  • Townsend Harris, the first U.S. consul and minister to Japan, acted with tact and patience in negotiating for a commercial treaty with the reluctant Japanese officials.

    Academic text (1994)
  • In 1858, the United States and Japan signed a commercial treaty that opened Japanese ports to American trade.

  • After lengthy negotiations, they finally established a commercial treaty that benefited both nations' economies.

Synonyms

treaty
vscommercial treaty
  • Formal
509 4.1

A written agreement between countries about peace, trade or other relations

focuses specifically on regulating trade and commerce between countries
convention
vscommercial treaty
  • Specialized
114 4.1

An international agreement that countries sign to set common rules

is the more formal option used for official international agreements

How Binding

customs union
  • Specialized
1 5.0
commercial treaty
  • Formal
5.1
trade policy
28 3.2
memorandum
  • Formal
48 5.4

Surface Forms

Morphology

commercial + treaty

The meaning of 'commercial treaty' is directly compositional: 'commercial' (relating to trade) modifies 'treaty' (a formal agreement), yielding an agreement about trade. This structure and sense are common cross-linguistically (e.g. Spanish 'tratado comercial'), so a B1 learner who knows both words would readily infer the MWE meaning.

Etymology

The term commercial treaty brings to mind two countries sitting at a table and agreeing rules for buying and selling goods. Here commercial means 'about trade' and treaty means 'a formal agreement', so the image helps you remember it means 'an agreement between countries to set rules for trade'.