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
Boundary Treaty of 1874 between Chile and Bolivia Boundary Treaty of 1874 between Chile and Bolivia The Boundary Treaty of 1874 between Chile and Bolivia, also called the Treaty of Sucre, was signed in Sucre on August 6, 1874 by the Bolivian Minister of Foreign Affairs Mariano Baptista and the Chilean plenipotentiary minister Carlos Walker Martínez. It superseded the Boundary Treaty of 1866 between Chile and Bolivia and it kept the border between both countries at the 24° South parallel from the Pacific Ocean to the eastern border of Chile. The Treaty abolished the zone of bipartite tax collection on the export dues on minerals found between parallel