Canada-Panama Free Trade Agreement

(Note: This HTML markup version of the agreements has been prepared by SICE. A PDF version can be found here)

Table of Contents  
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  


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  


Article 3.02  

Originating Goods

Article 3.03  

Certain Textile and Apparel Goods

Article 3.04  

Value Test

Article 3.05  


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


Section I Certification of Origin  
Article 4.02  

Certificate of Origin

Article 4.03  

Obligations Regarding Importations

Article 4.04  


Article 4.05  

Obligations Regarding Exportations

Section II Administration and Enforcement  
Article 4.06  


Article 4.07  

Origin Verifications

Article 4.08  


Article 4.09  


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


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  


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  


Article 7.02 WTO Agreement on Technical Barriers to Trade  
Article 7.03  


Article 7.04  

Joint Cooperation

Article 7.05  

International Standards

Article 7.06  


Article 7.07  

Contact Points

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


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  


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  


Article 9.11  


Article 9.12  

Compensation for Losses

Article 9.13  


Article 9.14  


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


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  


Article 9.26

 Agreement to Appointment of Arbitrators

Article 9.27  


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  


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  


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  


Article 10.08  

Domestic Regulation

Article 10.09  


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  


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  


Article 11.10  

Resolution of Domestic Telecommunication Disputes

Article 11.11  


Article 11.12  


Article 11.13  

Relation to Other Chapters

Article 11.14

International Standards and Organizations

Chapter Twelve Financial Services Back to top!
Article 12.01  


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  


Article 12.12


Article 12.13  

Self-Regulatory Organizations

Article 12.14  

Payment and Clearing Systems

Article 12.15  

Financial Services Committee

Article 12.16


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  


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  


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  


Article 15.02  

Scope and Coverage

Article 15.03  

General Provisions

Chapter Sixteen Government Procurement Back to top!
Article 16.01  


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  


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  


Article 18.02  


Article 18.03  


Article 18.04  

Cooperative Activities

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


Article 19.02  

Contact Points

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


Article 20.02  


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  


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  


Article 22.02  


Article 22.03  

Scope and Coverage

Article 22.04  

Choice of Forum

Article 22.05  


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  


Article 23.02 General Exceptions  
Article 23.03  

National Security

Article 23.04  


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  


Article 24.03  

Reservations and Unilateral Declarations

Article 24.04  

Entry into Force

Article 24.05  


Article 24.06  


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
  14 May 2010
  Entry into Force
  01 April 2013
Trade Policy Developments

Related information Related information

Topics Covered in the Agreement
Other related documents

Agreement on Labour CooperationRelated information

Agreement on Environment Related information