Meaning of “multilateralism” in the English Dictionary

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"multilateralism" in Business English

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multilateralismnoun [ U ]

uk /ˌmʌltiˈlætərəlɪzəm/ us

a situation in which several different countries or organizations work together to achieve something or deal with a problem:

The report's conclusion stresses the importance of multilateralism.
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(Definition of “multilateralism” from the Cambridge Business English Dictionary © Cambridge University Press)