11. ft should be stressed that, although many of the difficulties concerned were engendered by the inflexibility of the commitments made, article 18 was without doubt the obstacle to any solution not involvinq national lists and the compromiseof a eommon list. /...A/40/444 English Page 17 L2. In the new Treaty of l,tontevideo (1980), lhe wording of Ehe most-favoured-nation clause is similar to that of article 18 of Ehe Treaty of Montevideo of 1960, but inportant exceptions are made to the clause through thetext of other provisions, such as the except.ions resulting from differenEial treatment (art. 3 (d), art. 9 (d) and art. 15 and the following articles) andconditional applications, as in the case of agreements of part,ial scope among States members (art. 7, second paragraph, and art. 9 (b) of the Treaty), betweenStates members and non-member StaEes or other Latin American integration areas(art. 25, particularly subpara. (a) ) and between StaEes members and non-menberStates or integrat,ion areas outside Latin America (art. 27, parEicularly subpara. (b) ) ' although in the case of the latter the most-favoured-nation clausesets a limit to the advantages to be gained (art. 27 (b) ). 13. Furthermore, the provision is made for the traditional exemption of thefrontier-traffic clause (art. 45). 14. Consequently, in its unconditional form the clause covers the following: (a) Any advantages, favoursr rights, immunities and privileges granted by a State member to another State member, outside the framework of t,he instrunents establishing the area of economic preference, which must automatically andunconditionally be extended to other States membersi (b) Any advantages, favours, rights, imnunit.ies and privileges granted by aState member to another neighbouring State member, outside the framework of the instruments establishing the area of economic preference, which must automatically and unconditionally be extended to the other neighbouring States members;
**Analysis**
The text appears to be discussing the Most Favoured Nation (MFN) clause in a treaty, specifically in the context of economic relations between states. The clause is mentioned in relation to trade agreements, exemptions, and conditional applications. The text also refers to the Treaty of Montevideo and the Treaty of Lontevideo, which suggests a focus on international trade and economic cooperation.

**Category**
International trade