Singapore-Panama Free Trade Agreement
The Singapore-Panama Free Trade Agreement (FTA) entered into force in 2006.
The objectives of the Singapore-Panama Free Trade Agreement are to:
- Establish a Free Trade Area that will promote market opportunities for exports products, services, and Foreign Direct Investment between Singapore and Panama
- Strengthen relationships between Singapore and Panama
- Establish a cooperative framework
- liberalize and promote Foreign Trade in products and services between Singapore and Panama and to set up a transparent, predictable and facilitative Foreign Direct Investment regime
- Improve efficiency and competitiveness of their goods and services sectors and expand International Trade and
Foreign Direct Investment
between Singapore and Panama
- Establish a framework of transparent rules to govern and regulate Foreign Trade and Foreign Direct Investment (FDI) between Singapore and Panama
- Maximize opportunities for cooperation between Singapore and Panama in logistics and services (telecommunication, maritime, banking)
The Singapore-Panama Free Trade Agreement covers:
- Market access for International Trade in Goods
- Cross-border Trade in Services
- Financial services
- Telecommunications
- E-commerce
- Foreign Direct Investment (FDI)
- Competition
- Government Procurement
- Dispute Settlement
The Singapore-Panama Free Trade Agreement also has opened up Government procurement.
Chapters of the Singapore-Panama Free Trade Agreement.
- International Trade in Goods
- Rules and certificate of origin
- Customs Procedures
- Sanitary and Phytosanitary Measures
- Technical Barriers to Trade (TBT)
- Competition Policy
- Government Procurement
- Foreign Direct Investment (FDI)
- Cross-border Trade in Services
- Financial Services
- Telecommunications
- E-Commerce
- Transparency
- Dispute Settlement
- Strategic Partnership
Panama belongs to the Hispanic American Economic Area and Singapore to Sinic Civilization.
