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 Vereeniging the 1931 Statute of Westminster. The country became a republic in 1961 therefore severing all connections with Great Britain. The country rejoined the Commonwealth in 1994. Although the treaty is named after the town of Vereeniging in Transvaal, where the peace negotiations took place, the document was actually signed at Melrose House in Pretoria. Treaty of Vereeniging The Treaty of Vereeniging (commonly referred to as Peace of Vereeniging) was the peace treaty, signed on 31 May 1902, that ended the Second Boer War between the South African Republic and the Republic of the Orange Free State, on the one side,