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Meaning of “commercial treaty” in the English Dictionary

"commercial treaty" in Business English

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commercial treatynoun [C]

uk   us   LAW, COMMERCE
a ​formalagreement between two or more countries ​stating the ​conditions under which they will do ​business with one another: E-visas ​allow nationals of countries having ​commercialtreaties with the US ​entry into the US to ​engage in ​trade.
(Definition of commercial treaty from the Cambridge Business English Dictionary © Cambridge University Press)
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