Bilateralism

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Bilateralism

Bilateralism is comprised of relations between two sovereign states, and normally refers to political, economic, or cultural ties. Other forms of relations between states are unilateralism and multilateralism, which refers to the execution of diplomacy by a single state or multiple states, respectively. An example of a bilateral relationship is that of Australia and Canada, which share similar governments and values and have fought alongside each other on a number of occasions since WWII as well as having strong trade and economic relations. In the same way, India and Nepal have had a bilateral relationship since ancient times, a friendly relationship that has been consolidated by a number of treaties.