Multilateral agreements are treaties or pacts involving three or more countries that aim to address common issues or goals. These agreements can cover a wide range of topics, including trade, environmental protection, and security. By collaborating, countries can create solutions that benefit all parties involved, fostering international cooperation. Examples of multilateral agreements include the Paris Agreement on climate change and the North American Free Trade Agreement (NAFTA). Such agreements often require negotiations to ensure that the interests of all participating nations are considered, leading to more comprehensive and effective outcomes.