multilaterally

multilaterally
multilateral mul‧ti‧lat‧e‧ral [ˌmʌltɪˈlætrəl◂] adjective ECONOMICS
involving several different countries:

• a multilateral trade agreement

• the World Bank and other multilateral development banks

— compare bilateral, unilateral
— multilaterally adverb :

• Consultations took place both multilaterally and bilaterally.

* * *

multilateral UK US /ˌmʌltiˈlætərəl/ adjective
► involving or affecting several different countries, organizations, etc.: »

Attempts to reach a comprehensive multilateral agreement with binding rules have thus far not been successful.

 »

The next round of multilateral negotiations will commence next month.

 »

Australia remains strongly committed to the multilateral trading system.

→ Compare BILATERAL(Cf. ↑bilateral), UNILATERAL(Cf. ↑unilateral)
multilaterally /ˌmʌltiˈlætərəli/ adverb
► »

Trading policies of individual WTO members are examined multilaterally by turn, and in depth.


Financial and business terms. 2012.

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