Commercial treaty till the middle of the century, apparently with irresistible support, they suddenly collapsed under the strain of a season of exceptionally short crops. Both their continued maintenance and their final sudden abolition are in some respects divergent from the general course of British tariff history. Commercial treaty A commercial treaty is a formal agreement between states for the purpose of establishing mutual rights and regulating conditions of trade. It is a bilateral act whereby definite arrangements are entered into by each contracting party towards the other—not mere concessions. For example, the Methuen Treaty was a commercial treaty between Portugal and
Treaty Between Great Britain and Lagos, 1 January 1852 Majesty and the King of the French for their suppression of the Traffic In Slaves, signed at London, May 22, 1845. "In faith of which we have hereunto set our hands and seals, at Lagos, on board Her Britannic Majesty’s ship Penelope, 1st January, 1852. (L.S. ) H. W. BRUCE (L.S. ) JOHN BEECROFT (L.S. ) KING AKITOYE (L.S. ) ATCHOBOO (L.S. ) KOSAE Treaty Between Great Britain and Lagos, 1 January 1852 The Treaty Between Great Britain and Lagos, 1 January 1852 was an agreement between the United Kingdom (represented by Commodore Henry William Bruce, Commander of the British