Panama Trade Promotion Agreement

Friday, October 26, 2012

 

 Panama Trade Promotion Agreement

 

The Panama Trade Promotion Agreement (TPA) will go into effect October 31, 2012. On that date Panama will no longer be eligible for Generalized System of Preferences (GSP) benefits, Caribbean Basin Economic Recovery Act (CBERA) benefits and Caribbean Basin Trade Partnership Act (CBTPA) benefits.

Panama TPA claims are exempt from Merchandise Processing Fees (MPF).

For more information about Panama TPA requirements, please refer to U.S. Customs and Border Protection’s CSMS message #12-000429. CSMS 12-000429

CSMS 12-000429

 

 

The final text of the Panama TPA may be viewed at:

http://www.ustr.gov/trade-agreements/free-trade-agreements/panama-tpa/final-text