What is Plurilateral and How Does it Differ from Multilateral?
Plurilateral refers to an agreement or treaty that is signed by multiple countries, but does not involve all countries in a particular region or international organization. In other words, it is a deal that is reached among a select group of nations, rather than one that is universal or comprehensive.
The term "plurilateral" is often used to distinguish these agreements from "multilateral" ones, which are negotiated and agreed upon by all members of an international organization or community. For example, the World Trade Organization (WTO) is a multilateral organization that has member countries from around the world, and all members are bound by the same rules and agreements. In contrast, a plurilateral agreement might be signed by a group of countries within the WTO, but not by all members.
Plurilateral agreements can take many forms, such as free trade agreements, investment treaties, or agreements on intellectual property rights. They are often used to address specific issues or challenges that are of concern to a particular group of countries, but may not be relevant or applicable to all countries.