The Free Trade Agreement (FTA) between the United States and Panama, known as the Panama-United States Trade Promotion Agreement (TPA), was signed by both governments on June 28, 2007. It was approved by Panama on July 11, 2007, and by the United States on October 21, 2011; the agreement entered into force on October 31, 2012.
The TPA is a comprehensive free trade agreement that provides for the elimination of tariffs and removes barriers to financial and other services. It also includes important disciplines relating to customs administration and trade facilitation, technical barriers to trade, government procurement, investment, telecommunications, electronics commerce, intellectual property rights, and labor and environmental protection.
For more information about the TPA please view the below links:
- IIP Digital: October 13 – Congress Approves Trade Agreements with Colombia, Panama
- White House: October 3 – Message from President Obama to Congress on the US Panama Trade Agreement
- White House: April 28 – Remarks by President Obama and President Martinelli
- The White House: April 19 – Factsheets: US-Panama Trade Promotion Agreement
- US Department of Agriculture: U.S.–Panama Trade Promotion Agreement
- US Department of Commerce: Panama Trade Promotion Agreement
- US Trade Representative: Panama Trade Promotion Agreement
Government of Panama
- Gaceta Ofical: Ley 53 (2007): Tratado de Promoción Comercial Panamá-Estados Unidos (PDF 61 KB)