Panamanian Banks Adapt Rules to TPA with the U.S.The Panamanian Superintendency of Banks is adjusting its guidelines in order to comply with the requirements of the Trade Promotion Agreement with the United States.Wednesday, August 15, 2012
The recent resolution No. 0043 of August 7, 2012, in its first article states that all draft agreements and resolutions of the General Superintendency of Banks, will meet the transparency requirements required by Article 12.11 of the TPA with the USA. These projects will be published in advance so that the people involved in them can make inquiries or comments on them. Source: Panamaamerica.com.pa ¿Busca soluciones de inteligencia comercial para su empresa?Panama: More Legal Adjustments to Comply with TPCAugust 2012 The government has proposed bills relating to Copyright, Intellectual Property Protection of New Varieties of Plants, among other things. No Change in TPA US-Panama.July 2012 The Minister of Trade and Industry, Ricardo Quijano said that issues relating to labor, industrial and intellectual property, have already been finalized in the negotiations. The FTA with the U.S. and the Poultry IndustryJanuary 2012 Although gradual, tariff reductions on chicken from the U.S. pose a threat to the poultry industry in Panama. U.S. Trade AgreementsOctober 2011 The approval of the US-Panama FTA. brings to the fore the urgent need to increase competitiveness in the economy in order to reap the real benefits of that agreement.
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