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
Treaty between Thailand and Japan (1940) Treaty between Thailand and Japan (1940) The Treaty between Thailand and Japan Concerning the Continuance of Friendly Relations and the Mutual Respect of Each Other's Territorial Integrity was concluded in Tokyo on June 12, 1940 between the Thai and the Japanese governments. The treaty was a step in co-operation between the Thai and the Japanese governments, which eventually became allies in the Second World War. Ratifications were exchanged in Bangkok on December 23, 1940. The treaty became effective on the same day and was registered in "League of Nations Treaty Series" on July 26, 1941. Following the Japanese invasion of