The Panama-Taiwan Free Trade Agreement (FTA) entered into force in 2004.
Whereas the Panama-Taiwan Free Trade Agreement is esteemed to increase the
Foreign Trade between Taiwan (Republic of China) and Panama.
Foreign Trade between Panama and Taiwan was small in the past (0.06% of the total trade of Taiwan)
Exporters can benefit from a customs duties exemption on 4,181 items of the exported commodities to Panama, and Panama will give a preferential treatment to the marine transport companies from Taiwan using the seaport facilities
The Panama-Taiwan Free Trade Agreement will help to the marine transport companies in China to develop the
Shipping markets (Panama Canal)
Taiwan has exempted the 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.