trade pact

Frequency: 5.11.6 per million words

A formal agreement between countries concerning their commercial relationships.

pactADJECTIVE + pact

Categories:

trade

Examples (10)

  • The two nations signed a new trade pact to boost economic cooperation.
  • Negotiations for a regional trade pact are ongoing.
  • The company benefited greatly from the new trade pact.
  • Critics argue that the proposed trade pact would harm local industries.
  • A comprehensive trade pact could reshape global commerce.
  • The government is pushing for a fairer trade pact.
  • Historically, trade pacts have led to increased prosperity.
  • Breaking the existing trade pact would have severe consequences.
  • Under the terms of the trade pact, tariffs were significantly reduced.
  • Developing countries hope to secure more equitable trade pacts.