India is prepared to offer the US the "forward most favoured nation" clause
- India is prepared to offer the US the "forward most favoured nation" clause as sweetener in trade talks.
A "Most Favored Nation" (MFN) clause, also known as a "Most Favored Customer" or "Prudent Buyer" clause, is a contractual term that guarantees a buyer or licensee receives the same or better terms as any other buyer or licensee.Essentially, it prevents a seller or licensor from offering better terms to another party without also extending those terms to the party with the MFN clause.