Why would a foreign country strive to get most favored nation status?

A foreign country strives to obtain most favored nation (MFN) status to secure preferential trade treatment, which typically includes lower tariffs and better market access for its exports. This status encourages trade by creating a more predictable and favorable environment for businesses. Additionally, MFN status can enhance diplomatic relations and economic partnerships, fostering mutual growth and cooperation between nations. Ultimately, it aims to boost the country's economic development by increasing its competitiveness in international markets.