Bilateral Relations

Bilateral Relations

Bilateralism consists of the political, economic, or cultural relations between two sovereign states. For example, free trade agreements signed by two states are examples of bilateral treaties. It is in contrast to unilateralism or multilateralism, which refers to the conduct of diplomacy by a single state or multiple states, respectively. Typically when states recognise one another as sovereign states and agree to develop diplomatic relations, they exchange diplomatic agents such as ambassadors to facilitate dialogues and cooperation in various fields mentioned above.

Read more about Bilateral Relations:  Examples, History

Famous quotes containing the word relations:

    So soon did we, wayfarers, begin to learn that man’s life is rounded with the same few facts, the same simple relations everywhere, and it is vain to travel to find it new.
    Henry David Thoreau (1817–1862)