Approval of FTA Between Panama and Trinidad and Tobago

The main Panamanian products that will benefit from the agreement are dairy, beef and pork, smoked fish fillet with and some vegetables with seasonal preferential access.

Thursday, January 22, 2015

From a statement issued by the National Assembly of Panama:

Ratification has been given by the National Assembly, of the trade agreement between Panama and Trinidad and Tobago, after its third reading, in order to expand and consolidate access of Panamanian agricultural and industrial products to the Caribbean.

This country is considered as one of the most prosperous nations in the Caribbean, due in large part to the fact that it is the main producer of oil and gas. It also exploits manufactured goods, especially food and beverage products, as well as cement in the region.

In the presentation, the chairman of the Foreign Relations Committee, Luis Eduardo Quirós, deputy said that there was a lot of interest from the Panamanian private sector linked to the business community in the Caribbean States.



More on this topic

Panama - Trinidad and Tobago Agreement Comes Into Effect

July 2016

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. "

Trinidad and Tobago: An Attractive Market

February 2015

The Partial Agreement signed by Guatemala with Trinidad and Tobago generates great business potential with an economy that boasts the highest income per capita in the region.

From a statement issued by Agexport:

Since the Ministry of Economy of Guatemala announced the negotiation of a partial scope agreement with Trinidad and Tobago, the sectors represented in AGEXPORT (agricultural, manufacturing and services), expressed their interest in exporting, due to high business potential and investment attraction this country represents.

Trade Agreement Panama -Trinidad & Tobago

October 2013

In the case of Panama, 40% of the negotiated tariff lines will receive 100% preferential rate.

Two years after the end of negotiations, both countries officially signed the Partial Scope Agreement.

Some of the products that will benefit Panamanians with this rate are live animals for breeding, fresh and chilled meats, fish, cheese, eggs, wheat, salt, paper and cardboard.

Commercial Agreement Guatemala-Trinidad & Tobago

April 2013

In late May, the two countries will officially sign a partial scope agreement.

According to Maria Luisa Flores, vice minister of Foreign Trade and Integration in Guatemala, the signing will take place on 30 or 31 May, taking advantage of the visit of foreign business people participating in the Guatemala Investment Summit.

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