About FTAs A Free trade Agreement (FTA) is an agreement between two or more countries or trading blocs that primarily agree to reduce barriers to imports and exports among them. FTAs normally cover trade in goods or trade in services. …
About MFN Principle The Most Favoured Nation (MFN) principle is based on the idea that countries should treat all their trade partners equally—that no one country should be “more favoured.” It means no country should give special treatment to goods …