ISDS Case Map
Panama
Panama's Trade and Industry Minister Roberto Enriquez announced on Friday that Panama will begin campaigning for a free trade agreement with the European Free Trade Association (EFTA) nations.
Yesterday, Peruvian President Alan García said he wrote letters to the presidents of Panama, Chile, Colombia and Ecuador, proposing the regional integration of the five Pacific rim countries.
The trade agreement will give Canadian companies access to the government procurement market in the Central American country, including the expansion of the Panama Canal, Van Loan said at the time.
The governments of Peru and Panama agreed on Thursday to launch negotiations on a bilateral free trade agreement before the end of this year.
Colombia and Panama have made good progress in the third round of their bilateral negotiations for a free trade agreement, and a fourth round of talks may be held to seal the FTA deal.
South Korea is seeking to boost its partnership with Panama, a small Central American country that has strong ties with the United States, politically and economically, and explore the possibility of signing free trade agreements with regional players with the nation's help.
South Korea and Panama agreed Monday to forge a bilateral free trade agreement (FTA) at an early date and expand economic partnership.
A key benefit of the agreement is that Canadian businesses will now be able to bid on projects that the Panamanian government finances.
Panama's Commerce and Industry Minister Roberto Henriquez will fly to Toronto, Canada, to sign on May 14 a free trade agreement.
House Majority Leader Steny Hoyer said Thursday it was doubtful that the House this year will take up pending free trade agreements with Colombia, Panama and South Korea.
