BENEFITS OF THE U.S.-PANAMA TRADE PROMOTION AGREEMENTTrade Promotion Agreement • June 28th, 2011
Contract Type FiledJune 28th, 2011 Panama is one of the fastest growing economies in Latin America. This comprehensive Agreement will eliminate tariffs and other barriers to U.S. exports, promote economic growth, and expand trade between our two countries. The Agreement guarantees access to Panama’s $20.6 billion services market, including in priority areas such as financial, telecommunications, energy, and professional services. Panama’s strategic location as a major shipping route also enhances the importance of the Agreement.