US, Panama Target Bilateral Rules of Origin Updates to Reflect Tariff Changes
U.S. and Panamanian trade officials are beginning an update of the U.S.-Panama FTA rules of origin to reflect changes to the Harmonized System (HS) of tariff nomenclature, said a joint statement by both sides following the first meeting of the…
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U.S. - Panama Free Trade Commission on May 28. Panamanian officials hosted the summit in Panama City. “We recognized the importance of this project in easing customs administration for our customs authorities, producers, and exporters and instructed our technical teams to conclude this update for our signature,” said the statement. The officials also during the summit adopted changes to the dispute settlement mechanism in the agreement, the statement said.