Panama Urges Colombia To Accept WTO Ruling

Roberto Henríquez, Trade Minister, requested Colombia to lift restrictions on Panamanian products.

Wednesday, August 26, 2009

The entity responsible for resolving controversies at the World Trade Organization (WTO) ruled on May 20 that Colombia had violated international regulations by imposing restraints on Panamanian products.

Newspaper La Prensa published declarations by the Minister: "Panama has a very firm position. Colombia must definitively complain with WTO rulings and reactivate trade with the Colón Free Zone".

More on this topic

Panama- Colombia FTA negotiations to resume

March 2012

This agreement is part of Panama’s plans to integrate itself as a full member of the Alliance of the Pacific.

The Panamanian Minister of Commerce and Industry, Ricardo Quijano, met with the President of Colombia, Sergio Díaz Granados, in order to re-start negotiations for an FTA between both countries.

Colombia To Waive Commercial Restrictions For Panama

December 2009

On February 2010, Colombia will waive a series of restrictions in place since 2007 which affected re-exports originating from the Colon Free Zone in Panama.

These restrictions affected apparel, textile and footwear.

Additionally, both countries will begin negotiations for a Free Trade Agreement next year.

The Trade Conflict between Panama and Colombia

June 2009

Colombia alleges that it needs more time to implement necessary changes to its laws in order to remove trade barriers on Panamanian products.

The article from Prensa.com, points out that, “On May 20th, the OMC announced that its department for the Solution of Controversies condemned Colombia for its violation of international trade laws for impeding the import of Panamanian products like textiles, most frequently originating from the Free Trade Zone of Colón to Colombian ports.”

WTO Rules in Panama’s Favor in Trade Dispute

April 2009

Colombia had taken tariff measures against Panamanians textiles from the Colón Free Trade Zone.

The World Trade Organization ruled in Panama’s favor in its request to remove the customs measures taken by Colombia against the textiles, clothing and footwear from the Colón Free Trade Zone (ZLC) after two years of dispute.

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