OAS
 
 
Canada-Panama Free Trade Agreement

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Table of Contents  
  Preamble  
Chapter One Initial Provisions and General Definitions Back to top!
Section A General Definitions  
Article 1.01  

Definitions of General Application

 
Article 1.02  

Country-specific Definitions

 
Section B Initial Provisions   
Article 1.03  

Establishment of the Free Trade Area

 
Article 1.04  

Relation to Other Agreements

 
Article 1.05  

Extent of Obligations

 
Article 1.06  

Relation to Environmental and Conservation Agreements

 
Article 1.07  

Reference to Other Agreements

 
  Annex 1.06: Multilateral Environmental Agreements  
     
Chapter Two National Treatment and Market Access For Goods Back to top!
Article 2.01  

Definitions

 
Article 2.02  

Scope of Application

 
Section I National Treatment  
Article 2.03  

National Treatment

 
Section II Tariffs  
Article 2.04  

Tariff Elimination

 
Article 2.05  

Temporary Admission of Goods

 
Article 2.06  

Duty-Free Entry of Certain Commercial Samples and Printed Advertising Material

 
Article 2.07  

Good Re-Entered after Repair or Alteration

 
Section III Non-Tariff Measures  
Article 2.08  

Import and Export Restrictions

 
Article 2.09

Distilled Spirits

 
Article 2.10  

Export Taxes

 
Article 2.11  

Customs User Fees and Similar Charges

 
Article 2.12  

Customs Valuation

 
Section IV Agriculture  
Article 2.13  

Agricultural Export Subsidies

 
Article 2.14  

Domestic Support Measures for Agricultural Products

 
Article 2.15  

State Trading Enterprises

 
Article 2.16  

Tariff-Rate Quotas – Pork and Beef

 
Article 2.17  

Administration and Implementation of Tariff-Rate Quotas

 
Article 2.18  

Agricultural Safeguard Measures for Frozen Pork

 
Section V Consultations  
Article 2.19  

Consultations and Committee on Trade in Goods and Rules of Origin

 
  Annex 2.03: Exceptions to Articles 2.03 and 2.08  
  Annex 2.04: Tariff Elimination  
  Tariff Schedule of Canada  
  Tariff Schedule of Panama  
  Annex 2.18: Agricultural Safeguard Measures for Frozen Pork  
     
Chapter Three Rules of Origin Back to top!
Article 3.01  

Definitions

 
Article 3.02  

Originating Goods

 
Article 3.03  

Certain Textile and Apparel Goods

 
Article 3.04  

Value Test

 
Article 3.05  

Accumulation

 
Article 3.06  

De Minimis

 
Article 3.07  

Fungible Materials and Goods

 
Article 3.08  

Sets or Assortments of Goods

 
Article 3.09  

Accessories, Spare Parts and Tools

 
Article 3.10  

Indirect Materials

 
Article 3.11  

Intermediate Materials Used In Production

 
Article 3.12  

Packaging Materials and Containers for Retail Sale

 
Article 3.13  

Packing Materials and Containers for Shipment

 
Article 3.14  

Transit and Transshipment

 
Article 3.15  

Interpretation and Application

 
Article 3.16  

Consultation and Modifications

 
  Annex 3.02: Specific Rules of Origin  
     
Chapter Four Customs Procedures Back to top!
Article 4.01

 Definitions

 
Section I Certification of Origin  
Article 4.02  

Certificate of Origin

 
Article 4.03  

Obligations Regarding Importations

 
Article 4.04  

Exceptions

 
Article 4.05  

Obligations Regarding Exportations

 
Section II Administration and Enforcement  
Article 4.06  

Records

 
Article 4.07  

Origin Verifications

 
Article 4.08  

Confidentiality

 
Article 4.09  

Penalties

 
Section III Advance Rulings  
Article 4.10  

Advance Rulings

 
Section IV Review and Appeal of Determinations of Origin and Advance Rulings  
Article 4.11  

Review and Appeal

 
Section V Uniform Regulations  
Article 4.12 Uniform Regulations  
Section VI Cooperation  
Article 4.13

Cooperation

 
Article 4.14  

Customs Procedures Sub-Committee

 
Chapter Five Trade Facilitation Back to top!
Article 5.01  

Objectives and Principles

 
Article 5.02  

Rights and Obligations

 
Article 5.03  

Cooperation

 
Article 5.04  

Future Work Program

 
     
Chapter Six Sanitary And Phytosanitary Measures Back to top!
Article 6.01  

Relation to Other Agreements

 
Article 6.02  

SPS Issue Avoidance and Resolution

 
Article 6.03  

SPS Coordinators

 
     
Chapter Seven Technical Barriers To Trade Back to top!
Article 7.01  

Definitions

 
Article 7.02 WTO Agreement on Technical Barriers to Trade  
Article 7.03  

Scope

 
Article 7.04  

Joint Cooperation

 
Article 7.05  

International Standards

 
Article 7.06  

Transparency

 
Article 7.07  

Contact Points

 
  Annex 7.07: Contact Points  
     
Chapter Eight Emergency Action Back to top!
Article 8.01  

Definitions

 
Article 8.02  

Global Safeguard Measures

 
Article 8.03  

Bilateral Emergency Actions

 
Article 8.04  

Notification and Discussions

 
Article 8.05  

Standards for Emergency Actions

 
Article 8.06  

Administration of Emergency Action Proceedings

 
     
Chapter Nine Investment Back to top!
Section A Definitions  
Article 9.01  

Definitions

 
Section B Investment  
Article 9.02  

Scope of Application

 
Article 9.03  

Relation to Other Chapters

 
Article 9.04  

National Treatment

 
Article 9.05  

Most-Favoured-Nation Treatment

 
Article 9.06  

Minimum Standard of Treatment

 
Article 9.07  

Performance Requirements

 
Article 9.08  

Senior Management and Boards of Directors

 
Article 9.09  

Reservations and Exceptions

 
Article 9.10  

Transfers

 
Article 9.11  

Expropriation

 
Article 9.12  

Compensation for Losses

 
Article 9.13  

Transparency

 
Article 9.14  

Subrogation

 
Article 9.15  

Denial of Benefits

 
Article 9.16

 Health, Safety and Environmental Measures

 
Article 9.17  

Corporate Social Responsibility

 
Article 9.18  

Special Formalities and Information Requirements

 
Section C Settlement of Disputes between an Investor and the Host Party  
Article 9.19

 Purpose

 
Article 9.20  

Claim by an Investor of a Party on Its Own Behalf

 
Article 9.21  

Claim by an Investor of a Party on Behalf of an Enterprise

 
Article 9.22  

Conditions Precedent to Submission of a Claim to Arbitration

 
Article 9.23  

Submission of a Claim to Arbitration

 
Article 9.24  

Consent to Arbitration

 
Article 9.25  

Arbitrators

 
Article 9.26

 Agreement to Appointment of Arbitrators

 
Article 9.27  

Consolidation

 
Article 9.28  

Documents to, and Participation of, the Other Party

 
Article 9.29

Place of Arbitration

 
Article 9.30  

Public Access to Hearings and Documents

 
Article 9.31  

Submissions by a Non-Disputing Party

 
Article 9.32  

Governing Law

 
Article 9.33  

Expert Reports

 
Article 9.34  

Interim Measures of Protection and Final Award

 
Article 9.35  

Finality and Enforcement of an Award

 
Article 9.36 Receipts under Insurance or Guarantee Contracts  
Article 9.37  

Exclusions

 
Article 9.38  

Suspension of Other Agreements

 
  Annex 9.11: Expropriation  
  Annex 9.31: Submissions by a Non-Disputing Party  
  Annex 9.37: Exclusions  
     
Chapter Ten Cross Border Trade In Services Back to top!
Article 10.01  

Definitions

 
Article 10.02  

Scope of Application

 
Article 10.03  

National Treatment

 
Article 10.04  

Most-Favoured-Nation Treatment

 
Article 10.05  

Market Access

 
Article 10.06

 Local Presence

 
Article 10.07  

Reservations

 
Article 10.08  

Domestic Regulation

 
Article 10.09  

Recognition

 
Article 10.10  

Denial of Benefits

 
Article 10.11  

Transfers and Payments

 
  Annex 10.09: Professional Services  
     
Chapter Eleven Telecommunications Back to top!
Article 11.01  

Definitions

 
Article 11.02  

Scope of Application

 
Article 11.03  

Access to and Use of Public Telecommunications Transport Networks or Services

 
Article 11.04  

Procedures for Licences or Concessions

 
Article 11.05

Conduct of Major Suppliers

 
Article 11.06

Universal Service

 
Article 11.07

Allocation and Use of Scarce Resources

 
Article 11.08  

Regulatory Body

 
Article 11.09  

Enforcement

 
Article 11.10  

Resolution of Domestic Telecommunication Disputes

 
Article 11.11  

Transparency

 
Article 11.12  

Forbearance

 
Article 11.13  

Relation to Other Chapters

 
Article 11.14

International Standards and Organizations

 
     
Chapter Twelve Financial Services Back to top!
Article 12.01  

Definitions

 
Article 12.02  

Scope of Application

 
Article 12.03  

National Treatment

 
Article 12.04  

Most-Favoured-Nation Treatment

 
Article 12.05  

Right of Establishment

 
Article 12.06  

Cross-Border Trade

 
Article 12.07   New Financial Services  
Article 12.08  

Treatment of Certain Information

 
Article 12.09  

Senior Management and Boards of Directors

 
Article 12.10  

Non-Conforming Measures

 
Article 12.11  

Exceptions

 
Article 12.12

Transparency

 
Article 12.13  

Self-Regulatory Organizations

 
Article 12.14  

Payment and Clearing Systems

 
Article 12.15  

Financial Services Committee

 
Article 12.16

Consultations

 
Article 12.17  

Dispute Settlement

 
  Annex 12.04: Understanding Regarding Most-Favoured-Nation Treatment  
  Annex 12.06: Cross-Border Trade  
  Annex 12.15: Authorities Responsible for Financial Services  
     
Chapter Thirteen Temporary Entry For Business Persons Back to top!
Article 13.01  

Definitions

 
Article 13.02  

General Principles

 
Article 13.03  

General Obligations

 
Article 13.04  

Grant of Temporary Entry

 
Article 13.05  

Provision of Information

 
Article 13.06  

Contact Points

 
Article 13.07  

Dispute Settlement

 
Article 13.08  

Relation to Other Chapters

 
  Annex 13.04: Temporary Entry for Business Persons  
     
Chapter Fourteen Competition Policy, Monopolies and State Back to top!
Article 14.01  

Definitions

 
Article 14.02  

Competition Policy

 
Article 14.03  

Designated Monopolies

 
Article 14.04  

State Enterprises

 
  Annex 14.04: Country-Specific Definitions of State Enterprises  
     
Chapter Fifteen Electronic Commerce Back to top!
Article 15.01  

Definitions

 
Article 15.02  

Scope and Coverage

 
Article 15.03  

General Provisions

 
     
Chapter Sixteen Government Procurement Back to top!
Article 16.01  

Definitions

 
Article 16.02  

Scope and Coverage

 
Article 16.03  

Security and General Exceptions

 
Article 16.04  

General Principles

 
Article 16.05  

Publication of Procurement Information

 
Article 16.06  

Publication of Notices

 
Article 16.07  

Conditions for Participation

 
Article 16.08  

Technical Specifications and Tender Documentation

 
Article 16.09  

Time Limits for the Submission of Tenders

 
Article 16.10  

Limited Tendering

 
Article 16.11  

Treatment of Tenders and Awarding of Contracts

 
Article 16.12  

Disclosure of Information

 
Article 16.13  

Domestic Review Procedures

 
Article 16.14  

Modifications and Rectifications to Coverage

 
Article 16.15  

Committee on Procurement

 
Article 16.16  

Further Negotiations

 
Article 16.17  

Information Technology

 
  Schedule of Canada  
  Annex 1: Central Level Entities  
  Annex 2: Other Covered Entities  
  Annex 3: Panama Canal Authority  
  Annex 4: Goods  
  Annex 5: Services  
  Annex 6: Construction Services  
  Annex 7: General Notes  
  Annex 8: Threshold Adjustment Formulas  
  Annex 9: Transitional Thresholds for Goods and Services Procured by Central Level Entities of Panama  
  Schedule of Panama  
  Annex 1: Central Level Entities  
  Annex 2: Other Covered Entities  
  Annex 3: Panama Canal Authority  
  Annex 4: Goods  
  Annex 5: Services  
  Annex 6: Construction Services  
  Annex 7: General Notes  
  Annex 8: Threshold Adjustment Formulas  
  Annex 9: Transitional Thresholds for Goods and Services Procured by Central Level Entities of Panama  
     
Chapter Seventeen Environment Back to top!
Article 17.01  

Affirmations

 
Article 17.02  

Agreement on the Environment

 
Article 17.03  

Relationship between this Agreement and the Agreement on the Environment

 
     
Chapter Eighteen Labour Back to top!
Article 18.01  

Affirmations

 
Article 18.02  

Objectives

 
Article 18.03  

Obligations

 
Article 18.04  

Cooperative Activities

 
     
Chapter Nineteen Trade-Related Cooperation Back to top!
Article 19.01  

Objectives

 
Article 19.02  

Contact Points

 
     
Chapter Twenty Transparency Back to top!
Section A Publication, Notification and Administration of Laws  
Article 20.01  

Definitions

 
Article 20.02  

Publication

 
Article 20.03  

Notification and Provision of Information

 
Article 20.04  

Administrative Proceedings

 
Article 20.05  

Review and Appeal

 
Article 20.06  

Cooperation to Promote Increased Transparency

 
Section B Anti-Corruption  
Article 20.07  

Definitions

 
Article 20.08  

Statement of Principles

 
Article 20.09  

Anti-corruption Measures

 
Article 20.10  

Cooperation in International Fora

 
     
Chapter Twenty-One Administration of The Agreement Back to top!
Article 21.01  

The Joint Commission

 
Article 21.02  

Agreement Coordinators

 
  Annex 21.01: Committees and Subcommittees, Country Coordinators and Contact Points  
     
Chapter Twenty-Two Dispute Settlement Back to top!
Article 22.01  

Definitions

 
Article 22.02  

Cooperation

 
Article 22.03  

Scope and Coverage

 
Article 22.04  

Choice of Forum

 
Article 22.05  

Consultation

 
Article 22.06  

Good Offices, Conciliation and Mediation

 
Article 22.07  

Establishment of a Panel

 
Article 22.08  

Panel Selection

 
Article 22.09  

Qualifications of Panellists

 
Article 22.10  

Rules of Procedure

 
Article 22.11  

Panel Reports

 
Article 22.12  

Implementation of the Final Report

 
Article 22.13  

Non-Implementation – Suspension of Benefits

 
Article 22.14  

Review of Compliance and Suspension of Benefits

 
Article 22.15  

Referrals of Matters from Judicial or Administrative Proceedings

 
Article 22.16  

Private Rights

 
Article 22.17  

Alternative Dispute Resolution

 
  Annex 22.10: Rules of Procedure  
     
Chapter Twenty-Three Exceptions Back to top!
Article 23.01  

Definitions

 
Article 23.02 General Exceptions  
Article 23.03  

National Security

 
Article 23.04  

Taxation

 
Article 23.05  

Disclosure of Information

 
Article 23.06  

Cultural Industries

 
Article 23.07  

World Trade Organization Waivers

 
     
Chapter Twenty-Four Final Provisions Back to top!
Article 24.01  

Annexes, Appendices and Footnotes

 
Article 24.02  

Amendments

 
Article 24.03  

Reservations and Unilateral Declarations

 
Article 24.04  

Entry into Force

 
Article 24.05  

Termination

 
Article 24.06  

Accession

 
     
Annexes   Back to top!
  Annex I: Reservations for Existing Measures  
  Annex II: Reservations for Future Measures  
  Annex III: Financial Services  
  Annex IV: International Maritime Sector  
     
Full text of the agreement PDF  
Source: Foreign Affairs and International Trade Canada Offsite link! Back to top!
   
 

 

 

   
About the Agreement
  Signature
  14 May 2010
  Entry into Force
  01 April 2013
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