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
Boundary Treaty of 1881 between Chile and Argentina at least in so far as the land border line. There could be other reasons for the Argentine difficulties over the interpretation. Michael Morris observes about the Argentine policy: The Southern Patagonian Ice Field is the last still pending issue to apply the 1881 Boundary Treaty. Boundary Treaty of 1881 between Chile and Argentina The Boundary Treaty of 1881 () between Argentina and Chile was signed on the 23 July 1881 in Buenos Aires by Bernardo de Irigoyen, on the part of Argentina, and Francisco de Borja Echeverría, on the part of Chile, with the aim of establishing a precise