{"id":3791,"date":"2021-05-26T18:21:54","date_gmt":"2021-05-26T18:21:54","guid":{"rendered":"https:\/\/enorcerna.com\/wiki\/definition\/bilateral-agreement\/"},"modified":"2021-05-26T18:21:54","modified_gmt":"2021-05-26T18:21:54","slug":"bilateral-agreement","status":"publish","type":"post","link":"https:\/\/enorcerna.com\/wiki\/definition\/bilateral-agreement\/","title":{"rendered":"bilateral agreement"},"content":{"rendered":"
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In order to know the meaning of the term that concerns us now, the first thing we are going to do is fix the etymological origin of the two words that give it its shape:
-Agreement derives from Latin, specifically from the verb form \u201caccordare\u201d which can be translated as \u201cagree\u201d.
-Bilateral, on the other hand, also comes from Latin and means \"relative to both sides.\" It is the result of the sum of several differentiated components: the prefix \u201cbi-\u201d, which can be translated as \u201ctwo\u201d; \"Latus\", which means \"side\"; and the suffix \"-al\", which is used to indicate membership.<\/p>\n

A agreement<\/strong> It is a pact, an agreement, an alliance or an arrangement that two or more parties establish. Bilateral<\/strong>, on the other hand, it is that linked to two elements or sides.<\/p>\n

\"BilateralA bilateral agreement<\/strong>, in this way, is a commitment assumed by two parties<\/strong>. These agreements generate reciprocal obligations<\/strong> for both signers, who can be punished in case of non-compliance.<\/p>\n

It is common for bilateral agreements to be established between two countries<\/strong> to mutually promote certain financial, tax, political or other benefits. For example: a country X<\/strong> establishes a bilateral agreement with a nation Y<\/strong> to sell you cars without paying customs fees<\/strong>. In return, the nation Y<\/strong> get the same for your computers (computers). In this way, the country X<\/strong> sells cars and buys computers from the nation Y<\/strong> No tariff rates involved, something that boosts commercial operations between the two.<\/p>\n

Two state<\/strong> They can also establish a bilateral agreement so that their respective citizens can enter the territory of the other without the need for a visa<\/strong>. Thus, these countries facilitate travel between the two, promoting tourism and business.<\/p>\n

In both examples, the agreements are only valid for the signatory countries. The country X<\/strong> who sold cars without tariff rates can only do so under these conditions with the nation<\/strong> with which he signed the bilateral agreement. As for the possibility that citizens of a State enter another territory without a visa, it is specified with respect to the country that established the agreement and is not valid with other nations.<\/p>\n

In addition to all the above, we can emphasize that there are many types of bilateral agreements. Thus, for example, depending on the subject they deal with, they can be economic, humanitarian, political, social, cultural ...<\/p>\n

However, if the criterion taken into account is the type of obligations that are established in them for the two countries, they can be divided into two groups: bilateral agreements in the form of a treaty-contract or with which they acquire the appearance of treaty-law.<\/p>\n

In the same way, it should not be overlooked that, on a regular basis, when talking about bilateral agreements, multilaterals also come to mind. The latter, as its name indicates, are those characterized by the fact that they do not develop between two countries but rather between more, specifically between three or more.<\/p>\n

As a general rule, multilaterals are economic in nature and their objective is to ensure that trade between the signatory nations can be regulated.<\/p>\n<\/div>\n\n\n

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In order to know the meaning of the term that concerns us…<\/p>\n","protected":false},"author":1,"featured_media":3792,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-3791","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-definition"],"_links":{"self":[{"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/posts\/3791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/comments?post=3791"}],"version-history":[{"count":0,"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/posts\/3791\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/media\/3792"}],"wp:attachment":[{"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/media?parent=3791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/categories?post=3791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/tags?post=3791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}