Trade Agreements
Trade agreements are legally binding agreements between two or more countries that facilitate and regulate trade between them. These agreements aim to reduce or eliminate tariffs, quotas, and other trade barriers, as well as establish rules and standards for trade in goods and services. In the aviation context, trade agreements can have a significant impact on the industry, as they can affect the movement of goods, services, and people across borders. For example, trade agreements can impact the ability of airlines to operate in foreign markets, the pricing of aviation-related goods and services, and the regulatory environment for aviation safety and security.
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