SICE: Trade Agreements:

Index
Preamble

Chapter 1	Objectives, Establishment of a Free Trade Area and Definitions
Article 1.1	Objectives
Article 1.2	Establishment of a Free Trade Area
Article 1.3	Definitions of General Application
Article 1.4	Extent of Obligations
	Annex 1A: Country-Specific Definitions

Chapter 2	Trade in Goods
Article 2.1	Scope and Coverage
Article 2.2	National Treatment
Article 2.3	Customs Duties Elimination Schedule
Article 2.4	Export Duties
Article 2.5	Customs Valuation
Article 2.6	Customs Processing Fees
Article 2.7	Temporary Admission of Goods
Article 2.8	Re-Entry of Repaired or Altered Goods
Article 2.9	Non-Tariff Measures
Article 2.10	Subsidies and Countervailing Measures
Article 2.11	Anti-Dumping
Article 2.12	Bilateral Safeguard Measures
Article 2.13	Global Safeguard Measures
Article 2.14	Transparency
Article 2.15	Committee on Trade in Goods and Rules of Origin
Article 2.16	Definitions
	Annex 2.3: Panama's Customs Duties Elimination Schedule
	Annex 2.3: Singapore's Customs Duties Elimination Schedule

Chapter 3	Rules of Origin
Section A	Origin Determination
Article 3.1	Originating Goods
Article 3.2	Wholly Obtained or Produced Goods
Article 3.3	Not Wholly Obtained or Produced Goods
Article 3.4	Qualifying Value Content
Article 3.5	De Minimis
Article 3.6	Accumulation
Article 3.7	Accessories, Spare Parts, Tools
Article 3.8	Packaging Materials and Containers for Retail Sale
Article 3.9	Packing Materials and Containers for Shipment
Article 3.10	Fungible Goods and Materials
Article 3.11	Indirect Material
Section B	Consignment Criteria
Article 3.12	Third Country Transportation
Section C	Consultation and Modifications
Article 3.13	Committee on Trade in Goods and Rules of Origin
Section D	Definitions
Article 3.14	Definitions
Section E	Application and Interpretation
Article 3.15	Application and Interpretation
	Annex 3A: Specific Rules of Origin
	Section A General Interpretative Note
	Section B Specific Rules of Origin Applicable between the Republic of Singapore and the Republic of Panama

Chapter 4	Customs Procedures
Article 4.1	Scope
Article 4.2	General Provisions
Article 4.3	Publication and Notification
Article 4.4	Risk Management
Article 4.5	Paperless Trading
Article 4.6	Certification of Origin
	Annex 4.6: List of Data Elements for the Certification of Origin
Article 4.7	Waiver of Certification of Origin
Article 4.8	Obligations Relating to Importations
Article 4.9	Record Keeping Requirement
Article 4.10	Origin Verification
Article 4.11	Advance Rulings
Article 4.12	Penalties
Article 4.13	Review and Appeal
Article 4.14	Confidentiality
Article 4.15	Sharing of Best Practices and Cooperation

Chapter 5	Sanitary and Phytosanitary Measures
Article 5.1	Objectives
Article 5.2	Scope and Coverage
Article 5.3	General Provisions
Article 5.4	Trade Facilitation
Article 5.5	Coordinators
Article 5.6	Final Provisions

Chapter 6	Technical Barriers to Trade
Article 6.1	Objective and Scope
Article 6.2	Coverage
Article 6.3	International Standards
Article 6.4	Trade Facilitation
Article 6.5	Conformity Assessment Procedures
Article 6.6	Equivalence of Standards and Technical Regulations
Article 6.7	Information Exchange
Article 6.8	Confidentiality
Article 6.9	Coordinators
Article 6.10	Final Provisions

Chapter 7	Competition Policy
Article 7.1	Anti-competitive Business Conduct
Article 7.2	Confidentiality
Article 7.3	Cooperation
Article 7.4	Transparency and Information Requests
Article 7.5	Consultations
Article 7.6	Disputes

Chapter 8	Government Procurement
Article 8.1	General
Article 8.2	Scope and Coverage
Article 8.3	National Treatment and Non-Discrimination
Article 8.4	Valuation of Contracts
Article 8.5	Rules of Origin
Article 8.6	Offsets
Article 8.7	Publication of Procurement Measures
Article 8.8	Publication of Notice of Intended Procurement
Article 8.9	Time Limits for the Tendering Processes
Article 8.10	Tender Documentation
Article 8.11	Technical Specifications
Article 8.12	Registration and Qualification of Suppliers
Article 8.13	Limited Tendering Procedures
Article 8.14	Information on Awards
Article 8.15	Modifications and Rectifications to Coverage
Article 8.16	Transparency
Article 8.17	Electronic Procurement
Article 8.18	Challenge Procedures
Article 8.19	Exceptions
Article 8.20	Non-Disclosure of Information
Article 8.21	Cooperation
Article 8.22	Definitions
	Annex 8A: Government Procurement
	Section A: Central Level of Government Entities
	Schedule of Panama
	Schedule of Singapore
	Section B: Other Government Entities
	Schedule of Panama
	Schedule of Singapore
	Section C: Goods
	Section D: Services
	Schedule of Panama
	Schedule of Singapore
	Section E: Construction Services
	Schedule of Panama
	Schedule of Singapore
	Section F: General Notes
	Schedule of Panama
	Schedule of Singapore

Chapter 9	Investment
Article 9.1	Definitions
Article 9.2	Scope and Coverage
Article 9.3	National Treatment
Article 9.4	Most-Favoured Nation Treatment
Article 9.5	Minimum Standard of Treatment
Article 9.6	Performance Requirements
Article 9.7	Expropriation and Compensation
Article 9.8	Transfers
Article 9.9	Senior Management and Board of Directors
Article 9.10	Non-Conforming Measures
Article 9.11	Denial of Benefits
Article 9.12	Subrogation
Article 9.13	Investor-State Dispute Settlement
	Annex 9A: Expropriation

Chapter 10	Cross Border Trade in Services
Article 10.1	Definitions
Article 10.2	Scope and Coverage
Article 10.3	National Treatment
Article 10.4	Most-Favoured Nation Treatment
Article 10.5	Market Access
Article 10.6	Local Presence
Article 10.7	Non-Conforming Measures
Article 10.8	New Services
Article 10.9	Domestic Regulation
Article 10.10	Mutual Recognition
Article 10.11	Transfers and Payments
Article 10.12	Denial of Benefits
Article 10.13	Transparency
Article 10.14	Monopolies and Exclusive Service Suppliers
Article 10.15	Cooperation
	Annex 10A: Movement of Business Persons
	Article 1: Scope
	Article 2: Definitions
	Article 3: Intra-Corporate Transferees
	Article 4: Provision of Information
	Article 5: Dispute Settlement
	Article 6: Expeditious Application Procedures
	Article 7: Notification of Outcome of Application
	Article 8: Online Lodgement and Processing
	Article 9: Resolution of Problems
	Article 10: Labour Market Testing
	Annex 10B: Maritime Transport Services
	Article 1: Scope
	Article 2: Taxes, Tariffs and Port Access Fees
	Article 3: Coastwise Transportation of Empty Vans, Tanks and Barges
	Article 4: International Maritime Transport and Feeder Services
	Article 5: Bilateral of Multilateral Agreements in Force

Chapter 11	Financial Services
Article 11.1	Scope and Coverage
Article 11.2	National Treatment
Article 11.3	Most-Favoured Nation Treatment
Article 11.4	Recognition of Prudential Measures
Article 11.5	Market Access for Financial Institutions
Article 11.6	Cross-Border Trade in Financial Services
Article 11.7	New Financial Services
Article 11.8	Treatment of Certain Information
Article 11.9	Senior Management and Boards of Directors
Article 11.10	Non-Conforming Measures
Article 11.11	Exceptions
Article 11.12	Transparency
Article 11.13	Self-Regulatory Organisations
Article 11.14	Consultations
Article 11.15	Dispute Settlement
Article 11.16	Definitions
	Annex 11A: Authorities Responsible for Financial Services
	Annex 11.6: Application of Article 11.6
	Annex III: Financial Services (Non-conforming Measures)
	Introductory Notes
	Section A: Reservations
	Singapore
	Panama
	Section B: Reservations
	Singapore
	Panama

Chapter 12	Telecommunications
Article 12.1	Scope and Coverage
Article 12.2	Access to and use of Public Telecommunications Transport Network and Services
Article 12.3	Interconnection with Suppliers of Public Telecommunications Transport Networks and Services
Article 12.4	Conduct of Major Suppliers
Article 12.5	Submarine Cable Landing Stations
Article 12.6	Independent Regulation
Article 12.7	Universal Service
Article 12.8	Licensing Process
Article 12.9	Allocation and use of Scarce Resources
Article 12.10	Resolution of Domestic Telecommunications Disputes
Article 12.11	Transparency
Article 12.12	Relationship to other Chapters
Article 12.13	Definitions

Chapter 13	Electronic Commerce
Article 13.1	General
Article 13.2	Electronic Supply of Services
Article 13.3	Digital Products
Article 13.4	Cooperation
Article 13.5	Definitions

Chapter 14	Transparency
Article 14.1	Contact Points
Article 14.2	Publication
Article 14.3	Notification and Provision of Information
Article 14.4	Administrative Proceedings
Article 14.5	Review and Appeal
Article 14.6	Definitions

Chapter 15	Dispute Settlement
Article 15.1	Cooperation
Article 15.2	Scope of Application
Article 15.3	Consultations
Article 15.4	Referral to the Administrative Commission, Good Offices, Conciliation and Mediation
Article 15.5	Choice of Forum
Article 15.6	Request for an Arbitral Panel
Article 15.7	Composition of Arbitral Panels
Article 15.8	Functions of Arbitral Panels
Article 15.9	Rules of Procedure
Article 15.10	Location of Panel Hearings
Article 15.11	Role of Experts
Article 15.12	Initial Report
Article 15.13	Final Report
Article 15.14	Suspension and Termination of Proceedings
Article 15.15	Implementation of Final Report
Article 15.16	Non-Implementation – Compensation and Suspension of Benefits
Article 15.17	Private Rights

Chapter 16	Strategic Partnership
Article 16.1	Objectives
Article 16.2	Scope
Article 16.3	Trade and Investment Cooperation
Article 16.4	Technical and Scientific Cooperation
Article 16.5	Contact Point
Article 16.6	General
	Annex 16.2: Possible Areas of Promotion and Attraction of Investment and Cooperation
Chapter 17	Administration of the Agreement
Article 17.1	Administrative Commission of the Agreement
Article 17.2	Administration of Dispute Settlement Proceedings

Chapter 18	General and Final Provisions
Article 18.1	General Exceptions
Article 18.2	Essential Security
Article 18.3	Taxation
Article 18.4	Transfers and Restrictions to Safeguard the Balance of Payments
Article 18.5	Disclosure of Information
Article 18.6	Accession
Article 18.7	Relation to other Agreements
Article 18.8	Annexes
Article 18.9	Amendments
Article 18.10	Entry into Force and Termination

Side Letters
	Panama's tariff treatment of beer
	Treatment of Re-Exports
	Telecommunications
	Establishment of Code of Conduct and Model Procedure
	Annex A
	Annex B

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Full Text of the Agreement

Source: Ministerio de Comercio e Industrias, República de Panamá
Ministry of Trade and Industry Singapore