Single Window for Colon Free Zone

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.

Monday, April 8, 2019

"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.

From the Colon Free Zone statement:

The Single Window consists of an integrated system of competent authorities in government formalities in physical, electronic and/or digital form that allows the parties involved in foreign trade and international transport, through a single window or integral system, to manage the paperwork required according to current regulations for the entry, exit or transfer of the Colon Free Zone, as well as any other government procedure required within that zone.

The VUT will be made up of the government agencies involved in the procedures carried out by the companies under this regime, including, without limitation: the National Customs Authority, the Ministry of Health (Pharmacies and Drugs), the Panamanian Food Safety Authority, the National Bank, the Ministry of Agricultural Development, the Ministry of Labor and Labor Development, the National Immigration Service and any other entity that the Colon Free Zone considers necessary for the correct and expeditious processing of the required paperwork and processes.

Read full article (In Spanish).

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Pressure to Implement Single Window

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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.

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