bilaterals.org logo
bilaterals.org logo

Panama


First Quantum Seeks $20 Billion From Panama in Free Trade Case
First Quantum Minerals Ltd. is seeking $20 billion from Panama in a free trade arbitration case after the Central American nation shut down the company’s flagship copper mine late last year.
What happens when a country says ‘no’ to mining?
The battle between a Canadian mining company and Panama over one of the richest copper-gold mines in the Americas is headed to international arbitration – exposing Canada’s double standard when it comes to promoting free trade in the Global South.
Panama sued by 3+ mining companies after supreme court rules mining contract unconstitutional
Panama is facing at least three Investor-State Dispute Settlement cases from mining investors who claim that their investments have been affected by the decision.
First Quantum warns of arbitration as Panama weighs copper contract
Canada’s First Quantum intends to start arbitration against Panama, the Central American nation’s trade ministry and the company said, as Panama’s top court considers annulling a copper contract that opponents call unfair.
Why this Canadian-owned copper mine is facing fierce opposition in Panama​​
First Quantum notified the government of its intent to initiate arbitration under the Canada-Panama Free Trade Agreement in 2022, during the contract’s negotiation process.
Panama plays US off against China in FTA talks, but has limited hand
Panama’s decision to restart negotiations towards a free trade agreement with China appear to be an attempt to pressure the US’ own trade agenda.
Panama President aims to restart China trade talks immediately
Panama President Laurentino Cortizo said he intends to immediately restart negotiations with China over a free trade agreement, after conversations were put on hold during the pandemic.
Groups to USTR, USDA: Panama must fully implement trade pact
Panama submitted a formal request to revise the agricultural tariff elimination terms of the US FTA. US agriculture groups urge the Biden administration to oppose any changes to agricultural tariffs, TRQs or safeguards.
Panama seeks review of US trade pact, flags certain farm goods
Panama said it had requested a review of the terms and conditions of a trade agreement in place with the United States since 2012.
Qatar faces $6 billion arbitration claim linked to ruling family member
The Qatari government is facing a $6 billion international arbitration claim stemming from a case against a member of the country’s ruling family.
S. Korea-Central America FTA set for full implementation in March
South Korea said its free trade agreement (FTA) with a group of Central American nations will be fully implemented starting next month as Panama completed its domestic procedures.
Bridgestone V. Panama
The US subsidiaries of Bridgestone Corporation lost a $20 million plus arbitration claim against the Republic of Panama filed by under the US-Panama Trade Promotion Agreement.
S. Korea, Panama hold policy consultations on bilateral ties, trade
South Korea signed the FTA with Panama and the four Central American countries — Honduras, Nicaragua, Costa Rica and El Salvador — which have already finished the domestic procedures for the agreement.
Israel-Panama free trade agreement enters into force
A free trade agreement between Israel and Panama entered into force on January 1, granting preferential market access for goods and aiming to eliminate trade barriers between the countries.
China’s construction binge spreads to Americas, rattles US
China’s expansion in Latin America of its Belt and Road initiative to build ports and other trade-related facilities is stirring alarm in Washington over Beijing’s ambitions in a region that American leaders since the 19th century have seen as off-limits to other powers.
China’s Belt and Road Initiative and its two Latin American gateways
Chile and Panama offer China two important physical entry points into Latin America. Chile features an attractive legal framework for the protection of Chinese investments in the country. Panama is following suit. A ripple effect in the region is foreseeable.
Panama and China start FTA third negotiation round
The third negotiation round will aim to advance in barriers and the facilitation of trade, customs procedures, intellectual property and electronic trade.
Panama launches free trade talks with China after ending Taiwan recognition
Panamanian and Chinese officials will launch the first round of trade negotiations in Panama City with the aim of eventually inking a free trade agreement.
Panama’s Trade Minister says FTA with China will benefit many sectors
Panama’s trade and industry minister hopes that a free trade agreement between Panama and China will especially benefit the infrastructure, agriculture, logistics, energy, tourism and e-commerce sectors.
Trump Organization pressures Varela
A letter sent by the Trump Organization’s lawyers reminded President Varela of Panama’s obligations under a 1983 treaty that protects the rights of investors from the United States.