US-Panama Free Trade Agreement: What Is in It for Florida Agriculture?
The United States and Panama flags next to an outline of Florida.
view on EDIS
PDF-2013

How to Cite

Evans, Edward A., and Fredy H. Ballen. 2013. “US-Panama Free Trade Agreement: What Is in It for Florida Agriculture? FE932, 5/2013”. EDIS 2013 (6). Gainesville, FL. https://doi.org/10.32473/edis-fe932-2013.

Abstract

On October 12, 2011, four years after it was agreed upon by both parties, the United States government signed into law the reciprocal US–Panama Free Trade Agreement (FTA)/Trade Promotion Agreement (TPA). The FTA provides US companies with better access to the Panamanian market and ensures that most US exports of consumer and industrial products to Panama will be accorded immediate duty-free privileges. The main elements of the US–Panama FTA as it relates to agricultural trade revolve around market access, agricultural export subsidies, safeguards, the sugar compensation mechanism, and sanitary and phytosanitary measures. This 11-page fact sheet was written by Edward A. Evans and Fredy H. Ballen and published by the UF Department of Food and Resource Economics, May 2013.

http://edis.ifas.ufl.edu/fe932

https://doi.org/10.32473/edis-fe932-2013
view on EDIS
PDF-2013

References

Office of the US Trade Representative. 2012. US- Panama Free Trade Agreement. http://www.ustr.gov/trade-agreements/free-trade-agreements/panama-tpa.

UN/Comtrade. 2012. Commodity Trade Statistics Database. United Nations, New York. http://comtrade.un.org/db/default.aspx.

US Census Bureau, Foreign Trade. Trade in Goods with Panama. http://www.census.gov/foreign-trade/balance/c2250.html.

USDA/FAS. 2012a. US-Panama Trade Promotion Agreement Fact Sheets A. United States Department of Agriculture, Foreign Agricultural Service, Washington, D.C. http://www.fas.usda.gov/info/factsheets/Panama/Florida_PTPA_September%202011.pdf.

USDA/FAS. 2012b. Global Agriculture Trade System B. United States Department of Agriculture, Foreign Agricultural Service, Washington, D.C. http://www.fas.usda.gov/gats/default.aspx.

USDA/FAS 2012c. US-Panama Trade Promotion Agreement. United States Department of Agriculture, Foreign Agricultural Service, Washington, D.C. http://www.fas.usda.gov/info/factsheets/Panama/Panama%20TPA%20Detailed%20Fact%20Sheet%2008-12.pdf.

USDA/NASS. 2011. Farm Cash Receipts and Expenditures. United States Department of Agriculture, National Agriculture Statistics Service, Washington, D.C. http://www.nass.usda.gov/Statistics_by_State/Florida/Publications/Economics/fcr&e/fcrexp11.pdf.

World Bank. 2012. World Databank: World Development Indicators. http://databank.worldbank.org/data/views/variableselection/selectvariables.aspx?source=world-development-indicators.

WTO. 2012. Tariff Download Facility. World Trade Organization, Geneva, Switzerland. http://tariffdata.wto.org/ReportersAndProducts.aspx.

Unless otherwise specified, articles published in the EDIS journal after January 1, 2024 are licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 4.0 International (CC BY-NC-ND 4.0) license.