- Negotiations
Separate from the US-Dominican Republic-Central America free trade agreement (DR-CAFTA), the US is negotiating a bilateral deal with Panama. The process started in April 2004 and a text was finally agreed to in December 2006. The process has drawn active and strong opposition from many sectors in Panama, from school teachers to cattle ranchers. Meat trade between the two countries was a key sticking point, with Panama long resisting Washington’s demands to accept US sanitary standards as its own. The text of the final agreement on food safety (SPS) shows that the Panamanian government completely gave in.
In October 2011, the US Congress ratified the FTA and on 10 November both governments began the formal process to secure its entry into force by October 2012.
last update: Mayl 2012
Photo: Beneton26 / Wikipedia / CC BY-SA 3.0
23-Apr-2011
Administration officials said Tuesday that a free trade agreement with Panama is ready for congressional consideration and that they hoped it will be part of a larger trade agenda that also includes completion of long-pending free trade treaties with South Korea and Colombia.
9-Apr-2011
Panama Newsroom
The list of US criticisms of human rights infringements in Panama under the Martinelli administration continues to grow and the president, unlike the leaders of other countries seeking an FTA, has still not been invited to the White House.
31-Dec-2010
Inside Costa Rica
Faced with widespread social opposition, governments adopt an anti-democratic stance as they push through the free trade agenda, becoming so paranoid in the process that they seek to enact illegal wiretaps.
22-Jun-2009
Panama Star
US congressmen are pressuring Panama to reduce the number of people who can form a union from 40 to 20 and to give foreigners the right to head union organizations in Panama.
27-May-2009
Seattle Times
This trade deal — largely based on the North American Free Trade Agreement model — was written by and for multinational companies. It enables companies to increase their profits while skipping town on taxes.
27-May-2009
Brownfield
The National Pork Producers Council is pushing for passage of the Panama Free Trade Agreement, saying it will level the playing field for U.S. pork producers.
25-May-2009
Eyes on trade
Pop quiz: who said that? Was it a Panamanian worker with nothing to lose? Nope. It was the chair of one of the most powerful committees in the US Congress.
19-May-2009
Mingas
As the global economic crisis deepens and more people lose their jobs, the Obama administration may soon push for ratification of the Bush-era US-Panama Free Trade Agreement (FTA).
5-May-2009
Reuters
Finalizing a free-trade deal with the United States is a major goal for Panamanian President-elect Ricardo Martinelli, but the supermarket tycoon rejects US accusations that the country is a tax haven.
2-May-2009
Public Citizen
The trade deal would leave tax shelters for AIG and narcotraffickers intact while removing existing US tools to combat tax evasion and other financial crimes