Under the terms of the Partial Scope Trade Agreement bovine and porcine meat from Panama will enter the Caribbean country duty-free.
Panamaamerica.com.pa reports that "...Panama received 51 additional lines in its favor which include dairy products such as cheese, a variety of fresh and frozen seafood, juices made from non-tropical fruits, flowers and foliage, fruit and vegetables, tropical fruits, flour, fat and fish oil, sausages, butter, fats, cocoa oil and salt. "
The quotas for duty free export of beef, rice and tuna negotiated in the Agreement with the European Union are not being exploited to the fullest extent by local producers.
Lack of certification by the meat processing plants for export, the crisis in the agricultural sector and the absence of incentives to produce exportable foods are some of the factors which, in the opinion of producers, are preventing the country from taking advantage of the tariff benefits granted to country under the Economic Association Agreement (AA).
The pre fifth round meeting has finished with the parties having reached agreements on issues on National Treatment and Access of Merchandise to the Market, Rules and Procedures on Origins and Public Procurements.
The V round of negotiations is scheduled for 18 and 21 March in Panama City.
From a press release issued by the Ministry of Economy in Mexico:
The temporary entry of business people, and sanitary and phytosanitary measures are among the topics to be discussed at this meeting.
From February 4th to 8th in Mexico City, a fourth round of negotiations will be held for the signing of an FTA between Panama and Mexico. Some of the topics to be covered in this new round are: temporary entry of business people, sanitary and phytosanitary measures, intellectual property, and others.
The authorities at customs offices in Guatemala and Honduras have opened new routes for regional transit of goods between the two countries.
The aim of the opening of new routes at the borders between the two countries, in El Florido and Agua Caliente, is to streamline regional trade which has been blocked because of the protests over the application of a fee of $18 in Salvadoran customs offices for X-ray inspection of trucks.
Authorities from both countries will meet to find a solution to the conflict caused by the tariffs imposed on textiles and footwear from the CFZ.
"... The government of that country and Colombia will meet in the next few days in order to try to reach an agreement and resolve the situation over tariffs, which has caused losses to the Colon Free Zone (CFZ) in the Central American nation" , reported Portafolio.co.
Panama's Tpkeños became the first company to ship products to the United States under the Trade Promotion Agreement between the two nations.
Capital.com.pa reports: "This first container is loaded with 250,000 units of breaded cheese fingers bound for Florida, specifically to the Sedanos supermarket chain, which is part of a total order of 500 thousand units. The shipment coincides with the inauguration of the cooling and shipping plant in which this company invested $200,000 ".
A regulation for the implementation and administration of customs provisions and Rules of Origin established in the Trade Promotion Agreement has been adopted.
A statement by the Presidency of Panama reads:
Cabinet approves new measures on route to enactment of TPA with EU
The Cabinet Council approved, on the afternoon of Tuesday, August 21, new measures which point towards the coming into force of the Trade Promotion Agreement (TPA) with the United States. This time it is a Cabinet Decree in which regulations are promulgated for the implementation and administration of certain provisions for customs and rules of origin set out in Chapters 3, 4, 5 and 14 of the TPA between the U.S. and Panama .
The Deputy Minister for International Trade Negotiations in Panama, Diana Salazar has said, "the issue of the CFZ is not negotiatable"
Panama and Colombia began negotiations for an FTA in 2010, but issues like the treatment of dairy products, meat, coffee, corn and customs aspects with new guidelines for goods that come from the Colon Free Zone (CFZ) stalled negotiations.