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bilateral trade

British  

noun

  1. a system of trading between two countries in which each country attempts to balance its trade with that of the other

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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She adds that, although ties between the two countries have been strained in recent times, their bilateral trade continues to grow.

From BBC ● Oct. 23, 2026

Canada for example is seeking bilateral trade deals with India, Turkey, Saudi Arabia, and with the European Union on digital trade, Ottawa's minister for international trade Maninder Sidhu told reporters Thursday.

From Barron's ● Oct. 1, 2026

A breakdown in bilateral trade talks between Ottawa and Washington and escalating tariffs present potential risks to the banks’ outlook.

From The Wall Street Journal ● Aug. 24, 2026

China alone shares nearly $10 billion in bilateral trade with Iran, and paid roughly $31.2 billion for unreported Iranian crude oil imports in 2025, according to the U.S.-China Economic and Security Review Commission.

From Los Angeles Times ● Aug. 24, 2026

Bilateral clearing units arise from bilateral trade and payments agreements with about thirty noncommunist trading partners.

From Area Handbook for Bulgaria by Violeta D. Baluyut

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