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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
“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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Example Sentences

Bilateral trade is worth billions of dollars, and Canada is home to nearly 1.7 million people of Indian origin.

From BBC

"On the one hand, the relationship is far more broad-based than ever thanks to the size of the diaspora, the diversity of that diaspora and the increase in bilateral trade, increased student exchanges - albeit this last point has become a problematic issue for the Trudeau government as well," says Mr Touhey.

From BBC

The prime minister and the taoiseach will also meet Irish business leaders to encourage enhanced bilateral trade and investment in pursuit of growth.

From BBC

López Obrador’s push of the judicial reform has riled markets, with the peso losing value against the dollar and U.S. banks including Morgan Stanley, Bank of America and Fitch Ratings warning that the plan carries financial risks for Mexico and could cripple bilateral trade.

The president’s proposal has spooked markets, with the peso losing value against the dollar and U.S. banks including Morgan Stanley, Bank of America and Fitch Ratings warning that the plan carries financial risks for Mexico and could cripple bilateral trade.

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bilateral symmetryBila Tserkva