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 Tumlong of the World. At the same time, he ensured that no other community would be able to purchase lands from the Bhutias and the indigenous Lepchas to protect feudal integrity. China recognised Sikkim as a British protectorate in 1890 and the Chogyal's role in the administration of his country disappeared. Treaty of Tumlong The Treaty of Tumlong was a March 1861 treaty between Great Britain and the Kingdom of Sikkim in present-day north India. Signed by Sir Ashley Eden on behalf of the British and Sikkimese Chogyal, Sidkeong Namgyal, the treaty secured protection for travellers to Sikkim and guaranteed free