ISDS Case Map
Panama
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.
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.
The officials will likely discuss the impact that the trade agreement could have on their economic and business relations.
Panama and China will begin negotiations in June 2018 to sign a free-trade deal, consolidating a relationship that has strengthened after the Central American nation ditched ties with Taiwan.
Parliamentary debate heats up in Panama concerning the country's involvement in alleged secret talks for a Trade in Services Agreement between 23 members of the World Trade Organization, including the European Union.
South Korea and a group of Central American countries have tentatively signed a free trade agreement.
Arbitrations will determine responsibility for Panama Canal overruns of $1.6 billion.
"Panama is a world leader when it comes to allowing large corporations to evade US taxes. And the Panama free trade agreement would make this bad situation much worse," Sanders warned in 2011.
New York-based Dominion Minerals Corporation decided to move ahead with an investor-state dispute case against the Panamanian government.
Latin American nation’s first FTA with a Middle Eastern nation focuses on innovation and technology transfer
