What is plurilateral agreement
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it is a type of agreement
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A plurilateral agreement is a multi-national legal or trade agreement between countries. In economic jargon, it is an agreement between more than two countries, but not a great many, which would be multilateral agreement.
The term "plurilateral agreement" is used in the World Trade Organization. A plurilateral agreement implies that WTO member countries would be given the choice to agree to new rules on a voluntary basis. This contrasts with the multilateral WTO agreement, where all WTO members are party to the agreement. The Agreement on Government Procurement is typical plurilateral agreement.
The term "plurilateral agreement" is used in the World Trade Organization. A plurilateral agreement implies that WTO member countries would be given the choice to agree to new rules on a voluntary basis. This contrasts with the multilateral WTO agreement, where all WTO members are party to the agreement. The Agreement on Government Procurement is typical plurilateral agreement.
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