Negotiations

Definition

Negotiations are discussions or conversations held between parties to reach an agreement or resolve a conflict. During negotiations, participants present their positions, seek common ground, and make compromises.

Related terms

Mediation: The involvement of a neutral third party who assists in facilitating negotiations and finding solutions that satisfy all parties involved.

Bilateral: Involving two countries or groups. Bilateral negotiations refer to discussions and agreements between two nations.

Multilateral: Involving multiple countries or groups. Multilateral negotiations involve several nations coming together to discuss and address common issues.