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 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