bilateral trade

noun

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

Example Sentences

China’s Ministry of Commerce said that recent U.S. actions harmed its interests and bilateral trade discussions.

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“These measures have seriously harmed China’s interests and undermined the atmosphere of the bilateral trade discussions,” the spokesman said.

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After the meeting of their foreign ministers in Delhi, the two sides announced a series of measures, including starting ministerial-level discussions on bilateral trade and investment.

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The two countries will resume the Canada–India CEO Forum, which brings together executives from both countries to increase bilateral trade and investment.

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A few months ago, Beijing and Washington agreed an uneasy truce in their tit-for-tat trade war that started earlier this year and threw bilateral trade into serious jeopardy.

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