Panama – Chile Trade IncreasesFriday, March 6, 2009 A year after the Free Trade Agreement between the two countries took effect, commercial trade increased by 40%. Roberto Gonzalez wrote in an article in Prensa.com: "The Ministry of Trade and Industry revealed that Panama is organizing a meeting to promote Panamanian goods and services in Chile. Panama is the number two destination for Chilean exports in Central America and the Caribbean." FTA Panama - Nicaragua Valid From 11/23/2009Friday, October 23, 2009 The announcement was made by the Panamanian Government, after the ratification documents were interchanged by both states. Now, Panama has ratified Free Trade Agreements with all Central American nations, as the last one pending was this one with Nicaragua. FTA with Canada Top Priority of PanamaMonday, July 6, 2009 For the new negotiator for Panama, Francisco Álvarez de Soto, closing the FTA is a priority, given the advanced stages of negotiation. As of today, the issues remaining to be negotiated are the treatment of beef and pork and the definition of the rules of origin for sugar. U.S. implements TPC with PanamaWednesday, November 21, 2012 Three federal agencies have adjusted their procedures in order to implement the Buy American status for certain products and construction services from Panama. The agreement provides for non-discriminatory treatment for eligible products and services in Panama. First Round for Panama-Colombia FTATuesday, March 16, 2010 Delegations from both countries started the first negotiation round for a Free Trade Agreement in Panama. It will extend until Friday, and the next one will take place in Colombia between April 12 and 16. Panama - USA FTA Goes to CongressTuesday, October 4, 2011 The U.S. President has sent the Free Trade Agreement negotiated in 2003 with Panama to Congress for ratification. Along with the FTA with Panama Congress will also receive ratification requests for FTAs with Colombia and Korea. Impact on U.S. of FTA with PanamaFriday, June 15, 2012 Its entry into force, scheduled for October 2012, will mean a drop from 7% to 0% on the tariffs of 87% of U.S. products exported to the canal country. The general expectation in the capital of United States is that the FTA with Panama will come into force around October 2012, after almost 10 years of paperwork. Panama and Canada Sign FTAFriday, May 14, 2010 The countries signed a Free Trade Agreement which levies tariffs for 100% of Panama’s products and 85% of Canada’s. The reserved 15% includes the most sensible products for Panama, such as poultry, onion, paper and cardboard. Taiwan Increases Sugar Privileges for PanamaFriday, August 17, 2012 In addition to an exemption of customs duties, Taiwan has given control of the import quotas for sugar from Panama to the Central American country. The finance ministers of both countries signed the new resolution in Panama City. Panama prepares to negotiate FTA with CanadaTuesday, September 30, 2008 The Government of Panama started consultations with the national productive sector, prior to the upcoming formal launch of the negotiations for a Free Trade Agreement with Canada. The consultations will help to establish a negotiation strategy and will have the participation of representatives form the Ministry of Agricultural Development (Mida), the Institute of Agricultural Marketing (Ima) and the Public Services Authority (Asep), and others, a release from the Ministry of Trade and Industry (Mici) of Panama indicated. Panama – USA FTA Effective From October 31Monday, October 22, 2012 After Panama passed modifications to laws on patents, dispute resolution and intellectual property, representatives from both countries announced that on October 31 the treaty will come into force. The free trade agreement, ratified by the U.S. Congress should have come into effect on October first, but the lack of adoption of some laws in Panama meant that the date was pushed back to 31 October. Analysis of Possible Expansion of Panama - Dominican FTAFriday, June 7, 2013 The aims would be to increase the list of imports and exports to 200 products, in order to boost trade between the two countries. This was announced by Panama's ambassador in the Dominican Republic, Alberto Castillero, who added that the Dominican Government has a special interest in strengthening bilateral trade agreements with the increase in the list of products in order to increase the export of agricultural and livestock products from that country. Obama Signs TPC with PanamaFriday, October 21, 2011 By signing the TPC the American president has given the green light to an agreement that has taken almost five years to be ratified by Congress. Along with the treaty with Panama the president also signed agreements with Colombia and South Korea. FTA Panama - Peru in AprilThursday, February 23, 2012 A Free Trade Agreement (FTA) between Peru and Panama will be effective from April. Carlos Posada, Deputy Minister of Foreign Trade and Tourism of Peru, made the announcement in a Peruvian newspaper. The procedure, in the hands of the Foreign Ministry, takes about a month the official said, meaning that it could be approved within the first fortnight of April. Panama Launches Single Counter for Exports and Investment ProceduresFriday, June 25, 2010 The investment and exports promotion agency launched a one-stop shop for companies willing to invest in the country. The agency explained that this new service will provide investors with key information about the country, for them to make sound investment choices. |
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