/ɑːrbɪˈtreɪʃən ˈtriːti/ – Phrase
Definition: hiệp định về trọng tải.
A more thorough explanation: An arbitration treaty is a formal agreement between two or more countries to resolve disputes through arbitration, which is a process where an impartial third party, known as an arbitrator, makes a binding decision on the dispute outside of the court system. Arbitration treaties typically outline the procedures, rules, and conditions under which disputes between the signatory countries will be resolved through arbitration rather than through traditional legal proceedings.
Example: The two parties agreed to resolve their dispute through arbitration as outlined in the arbitration treaty they signed last year.