Commercial treaties

Commercial treaties are formal agreements between countries that establish rules and standards for trade and economic relations. These treaties can cover tariffs, trade quotas, and regulations on goods and services, aiming to promote fair and efficient trading practices. By reducing barriers to trade, such as taxes on imports, these agreements can help countries enhance their economic ties, boost exports, and provide consumers with better access to products. Essentially, commercial treaties create a framework that encourages international business cooperation and economic growth.