Commercial treaty 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 England. Another example, between the close of the Napoleonic wars of 1815 and the year 1860, the tariff system of Great Britain was changed from elaborate protection to practically complete free trade. An attempt had indeed been made in 1786 to modify the rigidly protective
1973 Boundary Treaty between Uruguay and Argentina boundary led to the Martín García canal dispute and the Uruguay River pulp mill dispute. 1973 Boundary Treaty between Uruguay and Argentina The Treaty between Uruguay and Argentina concerning the Rio de la Plata and the Corresponding Maritime Boundary was signed in Montevideo on 19 November 1973 by Dr. Juan Carlos Blanco Estradé, Minister for Foreign Affairs of Uruguay and Mr. Alberto J. Vignes, Minister for Foreign Affairs and Worship of Argentina. The treaty provides the geographic coordinates for the boundary points in the Rio de la Plata, affords the status of Martín García Island and other islands in the