What Does MRA Stand For?
MRA stands for Mutual Recognition Agreement
A Mutual Recognition Agreement (MRA) is a formal arrangement between two or more countries or organizations that acknowledges and accepts each other's regulatory standards and compliance processes. MRAs facilitate trade by reducing barriers, streamlining certification procedures, and promoting greater cooperation in areas such as product safety, quality assurance, and trade regulations. By recognizing the equivalence of different regulatory frameworks, MRAs help to enhance market access and efficiency for businesses operating internationally.
Added on 27th September 2008 | Last edited on 16th June 2025 | Edit Acronym