OAS

 
Panama-United States
Text of the agreement
  Background and Negotiations
   

On 18 November 2003 the USTR notified the United States Congress of the Administration's intent to initiate free trade agreement (FTA) negotiations with the Republic of Panama. Negotiations began in Panama City, Panama on 26 April 2004.  In February 2006, at the request of the Government of Panama the U.S. agreed to a technical review of the U.S. food safety inspection system. The U.S. President sent to Congress a notice of intent to enter into a free trade agreement with Panama on 30 March 2007. The FTA was signed on 28 June 2007.

On May 2, in Panama, both countries signed and Environmental Cooperation Agreement (ECA), that complements the U.S.-Panama FTA.

Documents related to the negotiations
02 May 2012 Panama and United States sign an Environmental Cooperation Agreement PDF
  Text of the U.S.-Panama Agreement on Environmental Cooperation PDF
28 June 2007 Panama and the United States sign Trade Promotion Agreement PDF
30 March 2007 Notice of Intention to Enter into a Free Trade Agreement with Panama PDF
13 February 2006 Statement by US Chief Agriculture Negotiator regarding FTA negotiations PDF
5 April 2005 Ninth round of negotiations Spanish Word
6 February 2005 Eighth round of negotiations Spanish Word
15 January 2005 Seventh round of negotiations Spanish Word
10 December 2004 Sixth round of negotiations Spanish Word
18 August 2004 Joint Statement by Panama and the United States on the fourth round of negotiations Word
11 June 2004 Joint Statement by Panama and the United States on the second round of negotiations Word
26 March 2004 U.S. and Panama to initiate negotiations on April 26PDF
18 November 2003 Letter to U.S. House of Representatives notifying intent to initiate free trade talks with PanamaPDF
Source:  Ministerio de Comercio e Industrias de Panamá, Office of the United States Trade Representative (USTR), U.S. Department of State

  Texts
   

On 28 June 2007, the USTR released the text of the U.S.-Panama TPA.

June 2007 Final texts of the U.S. - Panama Trade Promotion Agreement
19 January 2007 Draft texts: U.S.-Panama Trade Promotion Agreement
Source: Office of the United States Trade Representative (USTR)

  Entry into Force
   

Panama's National Assembly ratified the agreement on 11 July 2007. The United States Congress approved the agreement on 12 October 2011. The President of the United States signed legislation implementing the agreement on 21 October 2011.

22 October 2012 United States-Panama Trade Promotion Agreement to enter into force on 31 October 2012 PDF
21 October 2011 U.S. President signs implementing legislation for the South Korea, Colombia and Panama Agreements PDF
12 October 2011 The United States Congress approves the Colombia, South Korea and Panama Free Trade Agreements
05 October 2011 The United States House of Representatives Committee on Ways and Means approves the Colombia, South Korea and Panama Free Trade Agreements
03 October 2011 The President  of the United States submitted implementing legislation for the South Korea, Colombia and Panama Agreements 
11 July 2007 Panama's National Assembly ratifies TPA Spanish PDF
Source: Ministerio de Comercio e Industrias de Panamá, Official White House website

  Implementation of the Agreement
   

On 28 January 2014, U.S. and Panama held the First Meeting of the Labor Affairs Council under the U.S.-Panama Trade Promotion Agreement.

Documents relating to the Labor Affairs Council
28 January 2014 Panama City, Panama. U.S. and Panama held First Meeting of the U.S.-Panama Labor Affairs Council PDF 
  bullet Joint Statement of the Labor Affairs Council of the United States – Panama Trade Promotion Agreement PDF 
Source: Office of the United States Trade Representative (USTR)

Article 19.1 of the United States-Panama Trade Promotion Agreement establishes the Free Trade Commission for the implementation and development of the Agreement. The Commission is comprised of cabinet-level representatives from both countries.

The first meeting of the Free Trade Commission (FTC) of the United States-Panama TPA took place on 28 May 2014, in Panama City, Panama. The second meeting of the Free Trade Commission was held in Washington, DC on November 22, 2016.

Documents relating to the Free Trade Commission

22 November 2016 Washington, DC, USA. Second Meeting of the Free Trade Commission: Joint Statement PDF New!
28 May 2014 Panama City, Panama. First Meeting of the Free Trade Commission: Joint Statement PDF
Source: Office of the United States Trade Representative (USTR)

 

  Related Articles and Studies
   

 

June 2007 Office of the United States Trade Representative (USTR). Free Trade with Panama: Summary of the U.S.-Panama Trade Promotion Agreement PDF
August 2004 CRS Report to Congress. The Proposed U.S -Panama Free Trade Agreement PDF
  Ministerio de Comercio, Panamá.  Tratado de Libre Comercio Panamá-Estados Unidos: Principales Objetivos de la Negociación Spanish PDF
June 2004 USTR. Interim Environmental Review PDF

  Sources
   
 

Spanish version
Recent Developments
 

22 November 2016. Joint Statement from the Second Meeting of the United States-Panama Free Trade Commission New!


Contents