There has long been a debate on the merits of bilateralism versus multilateralism.
From the en.wikipedia.org
Bilateralism may be a route to freer global trade, but it is, at best, a risky one.
From the economist.com
What about genes for bilateralism stuck around in non-bilateral anemones?
From the evangelicaloutpost.com
In economic terms, the focus on bilateralism was always dubious.
From the economist.com
The other big difference is that Mr Alexander does not share the government's faith in bilateralism.
From the economist.com
Bilateralism consists of the political, economic, or cultural relations between two sovereign states.
From the en.wikipedia.org
Bilateralism has a flexibility and ease that is lacking in most compromise-dependent multilateral systems.
From the en.wikipedia.org
The serial bilateralism of American diplomacy, the table rounds at the occasional international conference, were little more than diplomatic showbiz.
From the telegraph.co.uk
Now I don't expect that you will pick up on that, as I expect you are less apt to be able to discuss bilateralism than you are the morphology of microbats.
From the evangelicaloutpost.com
More examples
Bilaterality: the property of being symmetrical about a vertical plane
Bilateralism comprises the political, economic, or cultural relations between two sovereign states.