By means of Resolution No.008-2019, published in La Gaceta Oficial on April 25, 2019, it was informed that companies will have a maximum term of 120 calendar days to comply with the requirements of special permits for import, transfer, marketing, export and re-export of cigarettes and tobacco products.

Panamaamerica.com.pa reviews that "... Also, companies engaged in the manufacture, packaging, import, transfer, export and re-export of finished medicines, specialty pharmaceuticals, psychotropic drugs and chemical precursors for medicinal use. Similarly, to this list are added food supplements, medical devices, as well as pure drug (raw material for manufacturing drugs), biological products, medicinal products developed by genetic engineering."

Manuel Grimaldo, general manager of the FTA, said that "... by means of Resolution No.008 - 2019, the electronic commercial movement declaration system is adopted and the commercial movement declaration forms and the Single Window of Procedures are approved."

Regarding the new system, CentralAmericaData reported in early April that it had approved the regulations for the creation of the Single Window of Procedures and its procedures to expedite trade in the free trade zone. See "Single Window for Colon Free Zone".

See full resolution.

Source: Panamaamerica.com.pa

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More on this topic

Pressure to Implement Single Window

August 2019

Five months after the regulations for the creation of the Single Window of Procedures for the Colon Free Zone were approved in Panama, businessmen are asking for their implementation to be accelerated.

At the beginning of April, it was reported that the Board of Directors of the Colon Free Zone (ZLC) approved the resolution regulating the creation of the Single Window of Procedures (VUT) and its procedures to expedite trade in the free trade zone, however, so far the window in question still does not work.

Single Window for Colon Free Zone

April 2019

In Panama, the regulations for the creation of the Single Window of Paperwork and its procedures to expedite trade in the free trade zone were approved.

"The Board of Directors of the Colon Free Zone (ZLC) approved the resolution that regulates the creation of the Single Window of Paperwork (VUT) and its procedures to expedite trade in the free trade zone, reported the manager of the free trade zone, Manuel Grimaldo," explained the ZLC.

Online Paperwork for Exporters and Free Trade Zones

March 2019

From April, exporters and companies established in Panama's free trade zones will be able to carry out online procedures such as Declaration of Commercial Movement, Certification of Origin and Determination of Origin.

The companies in free trade zones that will be able to perform the three new online procedures will be those governed by Law 32, explained the Ministry of Commerce and Industries (MICI) in a statement.

Imports of Medicines Expedited

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Starting in June, companies in the Dominican Republic will be able to request permission to import medicines, cosmetics and hygiene products through an electronic platform.

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