Panama Resumes FTA Talks with Colombia
Government authorities traveled to Colombia with the objective of resuming FTA negotiations.
Thursday, January 13, 2011
The negotiations had been suspended back in October due to lack of consensus on issues like access to agricultural and non agricultural markets and customs procedures, among others.
Although the subject of the Colon Free Zone remains an obstacle, next Tuesday will see the start of the seventh round of negotiations on the free trade agreement between the two countries.
The lack of agreement in the sixth round of negotiations shows how difficult it will be, especially in terms of exports from the Colon Free Zone.
From 11 to 15 March 2013 the two countries will resume trade agreement negotiations in a sixth round to be held in Medellin.
At least two or three additional negotiation rounds will be necessary to close the Free Trade Agreement between the countries.
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