Martinelli Will Promote Panama in Italy

In his trip he will reaffirm his administration's interest in taking part of the agreement being negotiated by the EU with the rest of Central America.

Monday, September 7, 2009


The European Union is Panama's second largest trading partner, with $2 billion exchanged each year. Furthermore, Panama receives 41% of Europe's exports to Central America, and 51% of Italy's.

Negotiations between Central America and the European Union started in October 2007, with Panama as an observer.

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Panama continues to be excluded from the EU - Central America Agreement

February 2009

The negotiation of the Agreement of Association continues, and the incorporation of Panama will depend on whether its signs the protocol economic integration with Central America.

The signing of the protocol is a indispensable requirement in order for the European Union to accept the incorporation of Panama in the negotiations.

Panama Finalizes SIECA Entry

June 2013

Finally the geopolitical reality has been imposed and the Canal country has been formally integrated into the community of Central America nations.

It was "a great achievement" and one "longed for for many years by all Central American countries", this was Panama's accession to SIECA, an organ of the Central American Integration System (SICA), said Anabel Gonzalez, Costa Rican Foreign Trade Minister.

Panama Recovers SGP Plus with Europe

June 2010

Starting on July 1st, Panama will once again enjoy preferential tariff access to the European market, after losing this benefit on 2008, for failing to renew it on time.

Roberto Henríquez, Commerce and Industry ministry, announced that “yesterday, the European Commission confirmed Panama as one of the countries included in the Generalized Tariff Preferences System (SGP-Plus), starting on July 1st”.

Negotiations Between EFTA Countries and Panama Begin

November 2011

The European Free Trade Association (EFTA) has agreed to negotiate a trade agreement with Panama.

A press release from the Ministry of Commerce and Industry (MICI) states:

The chief secretary of the MICI, Roberto Henriquez, explained that the first phase of negotiations involves the parties signing a Joint Declaration for Cooperation.

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