Third Round of Panama - Colombia FTA Completed

The next round of negotiations for the Free Trade Agreement (FTA) between both nations is scheduled for 13 September in Bogota.

Monday, August 9, 2010

The subjects pending for the fourth round are: "rules of origin, institutional issues, administration and facilitation of trade, financial services, public and plant health measures, trade and market access, intellectual property, investment and public procurement," reports Elsalvador.com.

In the third round, Colombia presented a customs proposal for the FTA that Panama rejected, deeming it "somewhat inadequate". According to Elsalvador.com, the Panamanian viceminister of International Trade Negotiations, Francisco Álvarez De Soto, both governments 'decided that the issue was worth spending more time on'.

The third round of negotiations was held in Panama from 2 to 6 August.

More on this topic

Panama Suspends FTA Talks with Colombia

October 2010

The Panamanian Government considered conditions do not allow an agreement at this time.

During the fifth round of trade negotiations the Vice Minister of Commercial Negotiations of Panama, Francisco Alvarez de Soto, said that "The Government made the decision to communicate to our colleagues in Colombia that we consider appropriate and relevant at the moment, to suspend the process."

Fourth Round of FTA Negotiations between Panama and Colombia Begins

September 2010

From today until 17 September public procurement, rules and procedures of origin, customs administration and trade promotion will form the basis of discussions.

The negotiations will take place in the Colombian capital, Bogota, and will also cover intellectual property, financial services, health and telecommunications.

Colombia Includes Maritime Services in Panama FTA

March 2010

In the first negotiation round, Colombia included maritime services as one of the items to negotiate for the Free Trade Agreement.

Francisco Álvarez De Soto, Panama’s Commerce Negotiations vice minister, highlighted the advantages this could represent for Panama, as sea trade is one of the economic pillars of the country.

First Round for Panama-Colombia FTA

March 2010

Delegations from both countries started the first negotiation round for a Free Trade Agreement in Panama.

It will extend until Friday, and the next one will take place in Colombia between April 12 and 16.

Francisco Álvarez de Soto, Panamanian vice minister for international negotiations, refused to comment on the progress of the first round.

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