Definition: The word "BNR" in Greek, literally translates to "Bilateral Navigation Relation." It refers to a situation where two parties are involved in a relationship or transaction involving a mutual agreement, usually within international relations. Definition: The term "Bilateral Navigation Relation," also known as a Bilateral Agreement (or BNR), is an arrangement between two states that aims at creating a cooperative economic partnership and trade. In this context, it signifies the establishment of a mutually beneficial framework for business or financial dealings, where each state has control over its own domestic market but is subject to the other's market regulations. This agreement might include provisions such as shared customs duties, investment opportunities, and trade agreements. It provides an opportunity for economic collaboration between the involved nations, enhancing mutual interests.