The Panama-Taiwan Free Trade Agreement (FTA) entered into force in 2004.
Whereas the Panama-Taiwan Free Trade Agreement is esteemed to increase
Foreign Trade between Taiwan (Republic of China) and Panama.
Foreign Trade between Panama and Taiwan was small in the past (0.06%
Taiwan's total trade)
Exporters can benefit from a customs duties exemption on 4,181 items of exported commodities to Panama, and Panama will give a preferential treatment to marine transport enterprises from Taiwan using seaport facilities
The Panama-Taiwan Free Trade Agreement will help to Marine Transport enterprises in China to develop the
Shipping markets (Panama Canal)
Taiwan has exempted customs duties on 6,187 products imported from Panama
It is expected that 97% of the Panamanian export products will be allowed to enter Republic of China free of duty ten years after the Panama-Taiwan Free Trade Agreement takes effects
Import products from the Republic of China: 43 million dollars (excluding
Foreign Trade generated by the Colon Free Zone to other countries)
Main chapters of the Panama-Taiwan Free Trade Agreement.
National Treatment
Market access for products
Rules and Certificate of Origin
Customs Procedures
Safeguard Measures
Unfair Trade Practices
Sanitary and Phytosanitary Measures
Measures on Standards, Metrology, and Authorization Procedures
Foreign Direct Investment (FDI)
Cross-border Trade in Services
Financial Services
Telecommunications
Temporary Entry for Business Persons
Competition Policy
Intellectual Property Rights
Panama belongs to the Hispanic American Economic Area and Taiwan to Sinic Civilization.