Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

favored nation

See MOST FAVORED NATION.

most favored nation

A treaty status granted to a nation, usu. in international trade, allowing it to enjoy the privileges accorded to the other nations that are parties to the treaty. ( The primary effect of most-favored-nation status is lower trade tariff's. - Also termed mostfavored-nation status. - Abbr. MFN.