Panama and Cuba begin FTA negotiations
On Tuesday, Panama and Cuba started the first round of negotiation for partial trade agreements between the two nations.
Wednesday, October 15, 2008
Vice minister of Foreign Trade, Severo Sousa said that "the idea of entering into partial agreements is based on the interest of pushing for the export of a limited number of goods in which the trading partner is interested in."
Pork and Sea products are some of the products that Panama will export to Cuba tariff-free.
The second round of the negotiations for the signing of Partial Scope Agreement ended with important developments.
The Ministry of Trade and Industry has announced that it intends to initiate the negotiating process before the end of this year.
Panama and Cuba have signed a Framework of Understanding for the Extension of the Partial Scope Agreement between both countries.
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