Free Trade Agreement with Panama
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Issue Summary
On October 21, 2011, President Obama signed the implementing legislation for the long-awaited Free Trade Agreement (FTA) with Panama, along with the South Korea and Colombia FTAs and a host of other trade legislation. It may be many months, however, until the U.S.-Panama FTA goes into effect.
USA-ITA Position
USA-ITA has been a strong supporter of removing barriers to trade with Panama, and welcomes the passage of the Free Trade Agreement. It will likely be several months before the FTAs are implemented, however, and USA-ITA will keep a close watch on the developments.