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The Panama-United States Trade Promotion Agreement

The Panama-United States Trade Promotion Agreement

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The U.S.-Panama Trade Promotion Agreement, also known as the Panama-U.S. Free Trade Agreement (FTA), is a bilateral trade agreement between the United States and Panama that was signed in 2007 and entered into force in 2012. The agreement aims to eliminate tariffs and other trade barriers between the two countries, promote economic growth, create jobs, and enhance regional integration. The agreement covers a wide range of sectors, including agriculture, services, intellectual property, labor, and the environment.