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The phrase 'negotiating position' is correct and usable in written English.
It is usually used in the context of business, politics, and other negotiations to refer to a party's bargaining points and the strategy it will use to reach an agreement. For example, "The company's negotiating position was that they wanted more flexibility in the contract terms."
Exact(60)
This only erodes Israel's negotiating position.
That could hinder the players' negotiating position when talks resume.
Such a deal somewhat undercuts Sinclair's negotiating position.
This will strengthen our negotiating position on climate change".
The negotiating position of the workers is very, very limited".
The Cypriots always seem to overestimate their negotiating position.
Mr. Murdoch seemed to be in ideal negotiating position.
"A bizarre sort of negotiating position," Neil comments.
Mexican officials know that their negotiating position is not strong.
First, it was in an extremely strong negotiating position.
He said the work "informs our negotiating position".
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com