OAS

 
Central America-Panama
Text of the Agreement
  Background and Negotiations
   

During the 1990s meetings of Central American presidents, an important element of the Central American peace process, were also directed towards issues relating to the Central American Integration System. These meetings extended participation to include neighbouring countries such as Belize, the Dominican Republic and Panama.

Panama and the Central American countries had signed bilateral partial preferential trade agreements in the 1970s.

The Central American countries and Panama agreed to initiate negotiations towards a free trade agreement on 12 July 1997 at the XIX Summit of Central American Presidents. Negotiations were initiated in July 1998, but were suspended in March 1999. Negotiations were relaunched in March 2000 at a meeting of Ministers of Central America and Panama. The first round of negotiations was held in April 2000 in Guatemala. Negotiations on the normative framework were concluded on 16 May 2001, after eight rounds of negotiations. The following year, bilateral negotiations took place between each of the Central American countries and Panama.

El Salvador and Panama concluded their bilateral negotiations in January 2002, signing a bilateral protocol to the agreement on 6 March 2002. Honduras and Panama concluded their bilateral negotiations and signed a bilateral protocol to the agreement on 15 June 2007. Costa Rica and Panama concluded negotiations on 22 June 2007 and signed a free trade agreement on 7 August 2007. Further rounds of negotiation have been held between Panama and the other Central American countries. The seventh round of negotiations between Nicaragua and Panama was held in Panama City on 12 October 2007. On 15 January 2009, Nicaragua and Panama signed a bilateral protocol to the agreement.

Documents relating to the negotiations
15 January 2009 Nicaragua y Panamá sign bilateral protocol Spanish PDF
10 October 2007 Seventh round of negotiations between Nicaragua and Panama SpanishPDF
07 August 2007

Costa Rica and Panama sign free trade agreement SpanishPDF

22 June 2007 Costa Rica-Panama conclude negotiations SpanishPDF
 

Summary of market access results SpanishPDF
Sample of negotiated products SpanishPDF

15 June 2007 Honduras and Panama sign bilateral protocol Spanish PDF
27 April 2007

Panama City, Panama. Seventh round of the Costa Rica-Panama FTA negotiations SpanishPDF

9-12 April 2007

San José, Costa Rica. Sixth round of Costa RIca-Panama FTA negotiations Spanish PDF

24-27 October 2006

Panama City, Panama. Fifth round of Costa Rica-Panama FTA negotiations SpanishPDF

25 September 2006 Guatemala City, Guatemala. Fourth round of Guatemala-Panama free trade agreement
negotiations Spanish PDF
18 August 2006

San José, Costa Rica. Fourth round of Costa Rica-Panama negotiations spanishPDF

22-26 June 2006 Guatemala City, Guatemala. Second round of Guatemala-Panama negotiations SpanishPDF
16-19 July 2002 San Jose, Costa Rica. Round II of Costa-Rica Panama market access negotiations spanish
03-05 April 2002 Panama City, Panama. Round I of Costa-Rica Panama market access negotiations spanish
06 March 2002 El Salvador-Panama bilateral protocol signed SpanishPDF
13 January 2002 Conclusion of El Salvador-Panama negotiations SpanishPDF
02-06 September 2001 Final phase of El Salvador-Panama negotiations SpanishPDF
March 2000

Re-launching of the Costa Rica -Panama FTA negotiations SpanishPDF

Documents relating to the Central America-Panama negotiations 
15-16 May 2001 Panama City, Panama. Eighth round of negotiations spanish
13-16 March 2001 Panama City, Panama. Seventh round of negotiations spanish
30 January -
02 February 2001
Managua, Nicaragua. Sixth round of negotiations spanish
08-11 January 2001 Guatemala City, Guatemala. Second meeting of Investment and Services table spanish
04-06 December 2000 Panama City, Panama. Specific rules of origin and customs procedures table spanish
30 November -
01 December 2000
Panama City, Panama. Investment and Services table spanish
24-26 October 2000 San Salvador, El Salvador. Fifth round of negotiations spanish
22-24 August 2000 Panama City, Panama. Fourth round of negotiations spanish
17-20 July 2000 San Jose, Costa Rica. Third round of negotiations spanish
6-8 June 2000 Panama City, Panama. Second round of negotiations spanish
27-28 April 2000 Guatemala City, Guatemala. First round of negotiations spanish
20 March 2000 Meeting of Ministers of Central America and Panama spanish

Source: Ministerio de Comercio e Industrias de Panamá; Ministerio de Comercio Exterior de Costa Rica (COMEX); Ministerio de Economía de El Salvador; Ministerio de Economía de Guatemala; Secretaría de Integración Económica Centroamericana (SIECA)

Previous preferential trade agreements between the Central American countries and Panama  
08 June 1973 Costa Rica-Panama preferential trade agreement Spanish
02 June 1970 El Salvador-Panama preferential trade agreement Spanish
20 June 1974 Guatemala-Panama preferential trade agreement Spanish
08 November 1973 Honduras-Panama preferential trade agreement Spanish
26 July 1973 Nicaragua-Panama preferential trade agreement Spanish

  Entry into Force
   

The free trade agreement between El Salvador and Panama entered into force on 11 April 2003.

Costa Rica's Legislative Assembly approved the agreement with Panama on 14 October 2008. On 23 November 2008 the Costa Rica-Panama Free Trade Agreement entered into force.

On 09 January 2009, the Honduras-Panama Free Trade Agreement entered into force.

The free trade agreement between Guatemala and Panama entered into force on 22 June 2009.

On 21 November 2009, the Nicaragua-Panama bilateral protocol entered into force.

Documents relating to entry into force
21 November 2009 Nicaragua-Panama FTA enters into force SpanishPDF 
22 October  2009

Exchange of instruments of ratification between Nicaragua and Panama SpanishPDF

22 June 2009

Guatemala-Panama FTA enters into force SpanishPDF 

21 May 2009 Guatemala-Panama formally exchange instruments of ratification SpanishPDF
09 January 2009 Honduras-Panama FTA enters into force SpanishPDF
23 November 2008 Costa Rica-Panama FTA enters into force SpanishPDF
14 October 2008 Costa Rica approved a free trade agreement with Panama SpanishPDF
11 April 2003 El Salvador-Panama free trade agreement enters into force SpanishPDF
13 March 2003 Panama and El Salvador exchange notes SpanishPDF
24 January 2003 Panama's Assembly ratifies El Salvador-Panama free trade agreement SpanishPDF
03 October 2002 El Salvador's Assembly ratifies El Salvador-Panama free trade agreement SpanishPDF

Source: Ministerio de Economía de El Salvador

  Implementation of the Agreement
   

Article 19.01 of the Agreement establishes an Administrative Commission to oversee the implementation and operation of the Agreement.

On 30 May 2006, El Salvador and Panama signed a protocol modifying the bilateral protocol to the free trade agreement that has been in effect since 2003.

On 13 August 2010, the Administrative Sub-Comission for the FTA met to assess the agreement and to prepare for the next ministerial meeting. The first meeting of the Administrative Comission took place in Guatemala on 07 October 2010.

Documents relating to implementation of the Agreement
08 October 2010 First Meeting of the Administrative Commission of the free trade agreement SpanishPDF
13 August 2010 Panama City, Panama. Meeting of the Administrative Sub-Commission of the free trade agreement SpanishPDF
30 May 2006 El Salvador and Panama signed a protocol modifying the bilateral free trade agreement SpanishPDF
19 November 2003 El Salvador and Panama form Administrative Commission for the free trade agreement SpanishPDF
Sources: Ministerio de Economía de El Salvador, Ministerio de Comercio Exterior de Costa Rica (COMEX)

  Related Articles and Studies
   
May 2015 Ministerio de Economía, Guatemala. Evaluación del Tratado de Libre Comercio Guatemala-Panamá Spanish PDF New!
May 2014 Ministerio de Economía, Guatemala. Evaluación del Tratado de Libre Comercio Guatemala-Panamá Spanish PDF
May 2013 Ministerio de Economía, Guatemala. Evaluación del Tratado de Libre Comercio Guatemala-Panamá Spanish PDF
September 2006 Secretaría de Integración Económica Centroamericana (SIECA). Estado de la Integración Económica Centroamericana Spanish
May 2006 Ministerio de Comercio e Industrias de Panamá. Relación comercial entre Honduras y Panamá Spanish PDF
May 2006 Ministerio de Comercio e Industrias de Panamá. Relación comercial entre Nicaragua y Panamá Spanish PDF
May 2006 Ministerio de Comercio e Industrias de Panamá. Relación comercial entre Guatemala y Panamá SpanishPDF
April 2005 Ministerio de Comercio e Industrias de Panamá. Relación comercial entre Costa Rica y Panamá SpanishPDF
September 2001 Ministerio de Comercio Exterior de Costa Rica (COMEX). El Comercio y la Inversión entre Costa Rica y Panamá: Evolución Reciente SpanishPDF
September 2000 Ministerio de Comercio Exterior de Costa Rica (COMEX). Negociaciones Comerciales con Canadá y Panamá: Resultados de la consulta y diálogo con los costarricenses SpanishPDF

  Sources
   
 

Spanish version
Recent Developments
  May 2015. Assessment of the Guatemala-Panama FTA New!
 

 


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