 U.S.-Panama Free Trade Agreement
Syllabus of the Subject: Free Trade Agreement (FTA) between the United States and Panama
- Introduction to the United States-Panama Free Trade Agreement (FTA)
- Benefits of the U.S.-Panama Trade Promotion Agreement
- International Trade United States-Panama
Sample of the Subject: United States-Panama Free Trade Agreement (FTA)

Description of the Subject: United States-Panama Free Trade Agreement (FTA)
The United States-Panama FTA is a free trade agreement that can result in a substantial Foreign Trade Liberalisation in goods and services,
including the financial services.
- 87% of the United States exports of consumer and industrial products to the Republic of Panama will become duty-free instantly (with remaining tariffs eliminated over ten years)
- In 2011, a Tax Information Exchange Agreement went into
effect between the United States and the Republic of Panama
- The United States industrial export products face an average tariff of 7% in the Republic of Panama (some tariffs as high as 81%).
- U.S. agricultural export products face an average tariff of 15% (some tariffs as high as 260%)
- The United States-Panama Free Trade Agreement (FTA) guarantees the access to
the
services market of Panama (20.6 billion dollars): financial sector, telecommunications, computer, international distribution, express delivery, energy, environmental, and professional services
- The strategic location of the Republic of Panama as a major
shipping route also enhances the importance of the United States-Panama Free Trade Agreement (FTA).
- 66% of the annual transits of the Panama Canal are bound to or from the United States sea ports
The United States-Panama Free Trade Agreement (FTA) includes important disciplines relating to:
- Customs administration
- Trade Facilitation
- Technical Barriers to Trade (TBT)
- Government Procurement
- Foreign Direct Investment (FDI)
- Telecommunications
- E-commerce
- Intellectual Property
Rights (IPR)
- Labour and environmental protection

Panama belongs to the Latin American Economic Area and the United States to the North American area (Western Civilisation).
- US Free Trade Agreements:
NAFTA,
APEC,
Trans-Pacific Agreement, African Growth and Opportunity Act,
WAEMU,
East African Community,
COMESA, Bahrain, Oman, Jordan, Morocco, European Union, South Korea, Australia, Singapore,
ASEAN, Chile,
Colombia, Peru,
Central America,
Caribbean Basin Initiative...
-
Panamanian Free Trade Agreements:
Canada,
Singapore,
Andean Community,
Central American Integration System,
Central America,
European Union,
EFTA,
Association of Caribbean States...
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