Third round of Free Trade talks between Canada and Panama concludes
Important progress was made in negotiations for goods and access of service providers and investors of both countries.
Monday, January 19, 2009
According to laestrella.com.pa: Panama's chief negotiator, Leroy Sheffer said they covered topics that defined the origins of products such as whole grain and instant coffee, oils, fuels, and processed tomatoes to meet industry standard. He also said that almost all the rules to allow us to take full advantage of the Canadian market were discussed, allowing maximum flexibility to utilize non-local raw materials to produce end products.
The first round of negotiations will take place in Ottawa from October 27 - 31, said a spokesperson for MICI.
It will be presented at the III round of negotiations for the signing of a Free Trade Agreement, which will be held from January 12 to 16 in Ottawa.
Panama and Canada are to hold a second round of exploratory talks with a view to signing a free trade agreement, the Panamanian negotiator Leroy Sheffer said.
For the new negotiator for Panama, Francisco Álvarez de Soto, closing the FTA is a priority, given the advanced stages of negotiation.
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