Most Favored Nation (MFN) Status

Most Favored Nation (MFN) Status mandates equal trade advantages for a country as those given to the best trading partners. It enforces non-discriminatory trade practices.

Examples of trade advantages include reduced tariffs, lower import quotas, and fewer trade barriers. Countries benefiting from MFN status include the United States, China, and Germany.

Revised agreements, once made, apply uniformly to all MNF countries.

Share this