Panama after FTA with South Korea

The government made preliminary efforts to negotiate a Free Trade Agreement.

Thursday, April 23, 2009

The Minister of Trade and Industry, Gisela Alvarez de Porras, stressed the importance of Asian markets for Panamanian products like coffee. reported statements from the minister: In the case of South Korea, technical analysis are being made on the feasibility of a business agreement, and they will be handed over to the transition team of the new government, which will take office after the presidential elections next May 3 in Panama."

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Possible FTA Between Panama and South Korea

July 2013

Officials from both governments have discussed in Panama a possible Free Trade Agreement to strengthen the growing trade relationship.

This was one of the issues discussed by the Panamanian Minister of the Presidency, Roberto Henriquez and South Korean ambassador in Panama, Cho Byoung-lip. The diplomat met with the minister with the intention of discussing bilateral cooperation and trade.

Costa Rica and Panama Begin FTA Consultation with South Korea

July 2010

In the coming days both nations will start the exchange of information with a view to beginning Free Trade Agreement negotiations with South Korea.

Costa Rica’s Minister for Foreign Trade, Anabel González, indicated that the preliminary studies will enable both countries to identify the most important sectors.

Central America and South Korea Analyze FTA

April 2011

Both countries have finalized a feasibility study as part of the analysis of a possible free trade agreement (FTA).

The announcement came from Salvadoran Economy Minister, Héctor Dada Hirezi, who added that by June they hope to have finished analyzing the study results.

Panama and Costa Rica will Negotiate FTA With South Korea

June 2010

The president of South Korea expressed his intention of negotiating a Free Trade Agreement with the Costa Rica - Panama block.

This announcement was made by Costa Rican president Laura Chinchilla, after holding a meeting with Lee Myung-bak, president of South Korea. reported that “the president explained her Asian counterpart that in other occasions, the country started FTA negotiation processes to which other nations joined later”.

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