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Those seeking to take advantage of the tariff benefits stemming from the U.S.-Panama Trade Promotion Agreement should ensure their products comply with rules-of-origin requirements to avoid fines and back duty assessments.
Two key free trade agreements – the Dominican Republic-Central America Free Trade Agreement (or CAFTA-DR) and the U.S.-Panama Trade Promotion Agreement – have stimulated U.S. agricultural exports...
Line graph showing the growth of U.S. agricultural exports and imports in the context of international free trade agreements.
Column chart comparing the change in value of U.S. agricultural exports before and after key trade agreements.
The value of Panama’s food processing ingredients market is valued at $110 million annually with U.S. products holding 60 percent of the market share.
The value of Panama’s food processing ingredients market is estimated at $110 million per year with U.S. products holding 60 percent of the market share.