What is a bilateral agreement in international relations? 🔊
A bilateral agreement in international relations is a formal treaty between two states that outlines their mutual obligations and commitments. These agreements often cover areas such as trade, security, or environmental collaboration. By establishing clear guidelines, bilateral agreements facilitate cooperation and help manage conflicts by providing a framework for diplomatic relations. They can enhance political stability and foster economic ties, promoting mutual interests. Such agreements are integral to maintaining peaceful relations and fostering collaboration on global issues, which may require coordinated efforts for effective resolution.
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