USTR - Panama Trade Promotion Agreement
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The Office of the United States Trade Representative

Panama Trade Promotion Agreement

The United States and Panama have enjoyed long-standing, strong economic ties and a mutual commitment to deepening the trade relationship through a free trade agreement. A free trade agreement with Panama is an important link in the Administration's strategy of opening markets in the Hemisphere through competitive liberalization.

In 2003, bilateral trade between the United States and Panama totaled $2.1 billion, with U.S. exports accounting for $1.8 billion of that amount. Between 2002 and 2003, U.S. exports to Panama grew over 30%. Nearly half of Panama's total imports come from the United States. U.S. foreign direct investment in Panama totals roughly $25 billion. Panama currently enjoys broad access to the U.S. market. In 2002, over 90% of Panama's goods exports to the United States came in duty free under unilateral benefits programs like the Caribbean Basin Initiative (CBI) and the Generalized System of Preferences (GSP) or under 0% MFN tariffs.

Advisory Group Reports on Panama Trade Promotion Agreement
Final United States - Panama TPA Texts
December 20, 2006 U.S.-Panama Bilateral Agreement on SPS Measures and Technical Standards
U.S.-Panama Letter Exchange on Corn- and Tomato-related Issues
U.S. and Panama Complete Trade Promotion Agreement Negotiations
Panama FTA Press Releases
Panama FTA Fact Sheets
U.S.-Panama Bilateral Agreement on Cooperation in Agricultural Trade
Interim Panama FTA Environmental Review