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
Treaty of the Dardanelles Treaty of the Dardanelles The Treaty of the Dardanelles (also known as the Dardanelles Treaty of Peace, Commerce, and Secret Alliance, the Treaty of Çanak, the Treaty of Chanak or ) was concluded between the Ottoman Empire and the United Kingdom of Great Britain and Ireland on 5 January 1809 at Çanak, Ottoman Empire. The treaty ended the Anglo-Turkish War. The Porte restored extensive British commercial and legal privileges in the empire. The United Kingdom promised to protect the integrity of the Ottoman Empire against the French threat, both with its own fleet and through weapons supplies to Constantinople. The