What is the multilateral trade pact? A multilateral agreementmultilateral agreementA multilateral treaty is a treaty to which two or more sovereign states are parties. Each party owes the same obligations to all other parties, except to the extent that they have stated reservations. Related posts: What is a multilateral trading system? What is multilateral payment system? O que é o sistema de pagamento multilateral? O que é um sistema comercial multilateral? ¿Qué es un sistema de pago multilateral? ¿Qué es un sistema comercial multilateral?