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PANAMA''S LONG SIMMERING TRADE PACTS COMING TO A HEAD.

Publication: NotiCen: Central American & Caribbean Affairs
Publication Date: 24-JUL-03
Format: Online - approximately 1203 words
Delivery: Immediate Online Access

Article Excerpt
Panama is breaking out in a rash of free-trade agreement negotiations (FTAs). The government expects to engage the US, Taiwan, and Mexico in separate pacts. President Mireya Moscoso announced in early June that an FTA was the first item on her agenda in a meeting with US President George W. Bush scheduled for later that month. The two countries have been in "exploratory contact" over a deal since December 2001. Panama has preferred the bilateral route to the prospect of joining Central America in CAFTA.

Meanwhile, Panama is near completion on negotiations for a trade deal with Taiwan, which has deals with the rest of the isthmus (see NotiCen, 1997-10-02). Meliton Arrocha, vice-minister of Foreign Trade said in June that negotiations could be wrapped up in a negotiating round set for August 1-10 in Taipei. Arrocha has been at the head of the negotiating team since talks started in October 2002. His announcement came at the conclusion of a round in San Francisco, CA, on June 24. He said then that the sides had resolved about "97%" of the...

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