Panama Protects Agriculture and Industry in FTA with Mexico

The FTA approved on its first reading by the National Assembly excludes sensitive products such as beef and chicken, dairy, pork, palm oil and plastic products, paper and aluminum, among products.

Thursday, October 2, 2014

The bill for ratifying a trade agreement with Mexico excludes agricultural and agro industrial goods which are sensitive to Panama ; such as chicken meat, eggs, dairy products, pork, pork sausages, coffee, wheat flour, rice, palm oil, sauces, tomato paste, potatoes, onions, sugar, juice, fruit drinks, soda plastic products, paper and aluminum.

The Minister of Commerce and Industry, Meliton Arrocha told Capital.com.pa that "... 'with this new trade agreement we seek to strengthen regional economic integration schemes, improving the balance in trade relations between Panama and Mexico, to strengthen our country as a logistics hub for the distribution of goods and services to the global market, among other reasons.'"

He added that "... the FTA opens up new opportunities for access, with tariff reduction periods of between 5 and 15 years for Panamanian goods which do not have a presence in the Mexican market such as: pineapples, papayas, sweet peppers, chilli peppers, fish meal and dried fish, electrolyte drinks, beer, toilet paper and paper towels. "



More on this topic

Panama and Israel Sign Trade Agreement

May 2018

Through the treaty the Israeli market will have preferential access to Panamanian products such as vinegar, coffee, palm oil, beef, cassava, flour and beer, among other things.

The Panamanian government reported that "... In the framework of a meeting between the president of Panama, Juan Carlos Varela and the Prime Minister of Israel, Benjamin Netanyahu, a Free Trade Agreement and a Memorandum of Understanding on agricultural matters was signed."

Costa Rica Approves FTA with Colombia

April 2014

The trade agreement excludes oil, some dairy and meat products, waffles, beer, gum, certain plastics, paper, cardboard and the metalworking sectors.

The agreement, which will come into effect when it gains legislative approval in Colombia, provides free instant access to Costa Rica for cocoa beans, refined salt, medicines, raw materials for the plastics industry, paper and textiles and plywood doors.

Panama Protects Dairy and Pork in FTA with Mexico

March 2014

Entrepreneurs in both sectors celebrated the exclusion of these products from the Free Trade Agreement between Panama and Mexico.

Entrepreneurs in the National Cattlemen's Association (Anagan) and the Pig Breeders Association of Panama (Anapor) welcomed the decision in the FTA negotiations that took into account the request to withdraw these products from the Treaty.

Panama-Mexico FTA: Tariff Liberalization

October 2013

In the third round of FTA negotiations there will be discussions on opening of goods and services and what the tariff exclusions will be.

According to the authorities this is the round with the most difficult issues, such as the issue of "... opening and exclusions of tariff lines especially since there are interests on the part of both countries," noted an article in Capital.com. pa.

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