Panama and Canada continue to explore possible FTA

In 2007 Canada was the tenth most frequent user of the Panama Canal and that same year bilateral trade reached 115 million dollars.

Thursday, August 14, 2008


©image: CentralAmericaData.com

"This agreement is an important step in creating a strong economic partnership between our two countries," said the Minister of Trade of Canada, Michael Fortier, during a luncheon with members of the Canadian business community at the Miraflores visitors' center.
The Canadian Minister had previously met for three hours with President Martin Torrijos as a part of his tour of Mexico, Panama and Ecuador to seek new bilateral trade opportunities.

More on this topic

Panama and Canada in preliminary free-trade talks

May 2008

Panama and Canada are to hold a second round of exploratory talks with a view to signing a free trade agreement, the Panamanian negotiator Leroy Sheffer said.

A group of 10 Canadian legislators are holding preliminary meetings in Panama this week following an early get-together with their Panamanian counterparts in Ottawa.

Panama has commercial proposal ready for FTA with Canada

January 2009

It will be presented at the III round of negotiations for the signing of a Free Trade Agreement, which will be held from January 12 to 16 in Ottawa.

According to the digital edition of Panama America, pa-digital.com, the vice minister of Foreign Trade, Severo Sousa, said that "the proposal arose after meetings with representatives from the various productive and industrial sectors of the country and from the services export sector, in accordance with previously agreed working positions.

Panama prepares to negotiate FTA with Canada

September 2008

The Government of Panama started consultations with the national productive sector, prior to the upcoming formal launch of the negotiations for a Free Trade Agreement with Canada.

The consultations will help to establish a negotiation strategy and will have the participation of representatives form the Ministry of Agricultural Development (Mida), the Institute of Agricultural Marketing (Ima) and the Public Services Authority (Asep), and others, a release from the Ministry of Trade and Industry (Mici) of Panama indicated.

Panama and Canada to Ink FTA

April 2010

Both countries will sign a Free Trade Agreement on May 14 in Canada.

The announcement was made by Panama’s Commerce Minister Roberto Henríquez.

“This FTA will ‘be beneficial for Panama’s commercial interests and will strengthen our bilateral relationship with Canada”, said Henríquez in a press release.

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