Panama: Advice for Producers on FTAs

The Minister for the Economy will provide expert counsel to different producing sectors on the benefits of the different free trade agreements (FTAs) signed.

Wednesday, July 28, 2010


©image: Cliff

The Panamanian Chamber of Commerce and the Economy Ministry are holding informal meetings and sessions with producers in various provinces to initiate the communication.

According to Pa-digital.com.pa the Minister for Trade and Industry, Roberto Henríquez, commented that, "in order to make the most of these commercial agreements, producers will need to know what commitments are required, as well as understand the legal procedures and mechanisms they contain".

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Nicaragua should not only increase the volume of its exports, but it should also diversify its range.

Panama: Many treaties, Few opportunities

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Producers say it will be difficult to take advantage of the trade agreements that have been signed.

Negotiations with countries like Peru, Colombia and the eventual ratification of the treaty with the United States are worrying producers, who believe they are not prepared to compete under the new conditions.

India and Panama Move for Closer Trade Relation

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A delegation from the Indian government has praised the Panamanian economy and expressed an interest in establishing a dialogue in order to strengthen trade ties between both countries.

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Chile launches free trade agreement with Honduras

July 2008

A free trade agreement between Chile and Honduras went into effect July 19, Chile reported.

In 1999, Chile signed an FTA with five Central American countries before going on to sign specific protocols with Costa Rica, El Salvador and now Honduras.
The Chilean foreign ministry's head of commercial affairs, Carlos Furche, said: "The doors have been opened to 94 percent of our exports to Honduras that will now enter free of tariffs."

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