Panama - United States FTA (2007)
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Article 22.6. Authentic Texts

The English and Spanish texts of this Agreement are equally authentic.

Conclusion

IN WITNESS WHEREOF, the undersigned, being duly authorized by their respective Governments, have signed this Agreement.

DONE, at Washington, in duplicate, in English and Spanish, this 28th day of June, 2007.

FOR THE GOVERNMENT OF THE REPUBLIC OF PANAMA:

FOR THE GOVERNMENT OF THE UNITED STATES OF AMERICA: 

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  • Chapter   One Initial Provisions 1
  • Article   1.1 Establishment of a Free Trade Area 1
  • Article   1.2 Objectives 1
  • Article   1.3 Relations to other Agreements 1
  • Article   1.4 Extent of Obligations 1
  • Chapter   Two  General Definitions 1
  • Article   2.1  Definitions of General Application 1
  • Annex 2.1  Country-Specific Definitions 1
  • Chapter   Three National Treatment and Market Access for Goods 1
  • Article   3.1 Scope and Coverage 1
  • Section   A National Treatment 1
  • Article   3.2 National Treatment 1
  • Section   B Tariff Elimination 1
  • Article   3.3 Tariff Elimination 1
  • Section   C Special Regimes 1
  • Article   3.4 Waiver of Custom Duties 1
  • Article   3.5 Temporary Admission of Goods 1
  • Article   3.6 Goods Re-Entered after Repair or Alteration 1
  • Article   3.7 Duty-Free Entry of Commercial Samples of Negligible Value and Printed Advertising Materials 2
  • Section   D Non-Tariff Measures 2
  • Article   3.8 Import and Export Restrictions 2
  • Article   3.9 Import Licensing 2
  • Article   3.10 Administrative Fees and Formalities 2
  • Article   3.11 Export Taxes 2
  • Section   E Other Measures 2
  • Article   3.12 Distinctive Products 2
  • Section   F Agriculture 2
  • Article   3.13 Scope and Coverage 2
  • Article   3.14 Administration and Implementation of Tariff-Rate Quotas 2
  • Article   3.15 Agricultural Export Subsidies 2
  • Article   3.16 Export State Trading Enterprises 2
  • Article   3.17 Agricultural Safeguard Measures 2
  • Article   3.18 Sugar Compensation Mechanism 2
  • Article   3.19 Agriculture Review Commission 2
  • Article   3.20 Committee on Agricultural Trade 2
  • Section   G Textiles and Apparel 2
  • Article   3.21 Customs Cooperation 2
  • Article   3.22 Monitoring 3
  • Article   3.23 Consultations on Customs Cooperation and Monitoring 3
  • Article   3.24 Textile Safeguard Measures 3
  • Article   3.25 Rules of Origin and Related Matters 3
  • Article   3.26 Most-Favored-Nation Rates of Duty on Certain Goods 3
  • Article   3.27 Duty-Free Treatment for Certain Goods 3
  • Article   3.28 Duty-Free Treatment for Certain Guayabera-Style Dresses and Shirts 3
  • Article   3.29 Duty-Free Treatment for Certain Socks 3
  • Article   3.30 Definitions 3
  • Section   H Institutional Provisions 3
  • Article   3.31 Committee on Trade In Goods 3
  • Section   I Definitions 4
  • Article   3.32 Definitions 4
  • Chapter   Four Rules of Origin and Origin Procedures 4
  • Section   A Rules of Origin 4
  • Article   4.1 Originating Goods 4
  • Article   4.3 Value of Materials 4
  • Article   4.4 Further Adjustments to the Value of Materials 4
  • Article   4.5 Accumulation 4
  • Article   4.6 De Minimis Rule 4
  • Article   4.7 Fungible Goods and Materials 4
  • Article   4.8 Accessories, Spare Parts, and Tools 4
  • Article   4.9 Packaging Materials and Containers for Retail Sale 4
  • Article   4.10 Packing Materials and Containers for Shipment 4
  • Article   4.11 Indirect Materials Used In Production 4
  • Article   4.12 Transit and Transshipment 4
  • Article   4.13 Sets of Goods 4
  • Article   4.14 Consultation and Modifications 4
  • Section   B Origin Procedures 4
  • Article   4.15 Claims of Origin 4
  • Article   4.16 Obligations Relating to Importations 5
  • Article   4.17 Exceptions 5
  • Article   4.18 Obligations Relating to Exportations 5
  • Article   4.19 Record Keeping Requirements 5
  • Article   4.20 Verification 5
  • Article   4.21 Common Guidelines 5
  • Article   4.22 Application of Certain Provisions 5
  • Article   4.23 Definitions 5
  • Chapter   Five  Customs Administration and Trade Facilitation 5
  • Article   5.1 Publication 5
  • Article   5.2 Release of Goods 5
  • Article   5.3 Automation 5
  • Article   5.4 Risk Management 5
  • Article   5.5 Cooperation 5
  • Article   5.6 Confidentiality 6
  • Article   5.7 Express Shipments 6
  • Article   5.8 Review and Appeal 6
  • Article   5.9 Penalties 6
  • Article   5.10 Advance Rulings 6
  • Article   5.11 Panamanian Free Zone Monitoring Program 6
  • Article   5.12 Application of Certain Provisions 6
  • Chapter   Six  Sanitary and Phytosanitary Measures 6
  • Article   6.1 Affirmation of the SPS Agreement 6
  • Article   6.2 Scope and Coverage 6
  • Article   6.3 Committee on Sanitary and Phytosanitary Matters 6
  • Chapter   Seven Technical Barriers to Trade 6
  • Article   7.1 Affirmation of the TBT Agreement 6
  • Article   7.2 Scope and Coverage 6
  • Article   7.3 International Standards 6
  • Article   7.4 Trade Facilitation 6
  • Article   7.5 Conformity Assessment 6
  • Article   7.6 Technical Regulations 6
  • Article   7.7 Transparency 6
  • Article   7.8 Committee on Technical Barriers to Trade 6
  • Article   7.9 Information Exchange 7
  • Article   7.10  Definitions 7
  • Chapter   Eight  Trade Remedies 7
  • Section   A Safeguards 7
  • Article   8.1 Imposition of a Safeguard Measure 7
  • Article   8.2 Standards for a Safeguard Measure 7
  • Article   8.3 Administration of Safeguard Proceedings 7
  • Article   8.4 Notification and Consultation 7
  • Article   8.5 Compensation 7
  • Article   8.6 Global Actions 7
  • Article   8.7 Definitions 7
  • Section   B Antidumping and Countervailing Duties 7
  • Article   8.8 Antidumping and Countervailing Duties 7
  • Chapter   Nine  Government Procurement 7
  • Article   9.1 Scope and Coverage 7
  • Article   9.2 General Principles 7
  • Article   9.3 Publication of Procurement Measures 7
  • Article   9.4 Publication of Notice of Intended Procurement 7
  • Article   9.5 Time Limits for the Tendering Process 7
  • Article   9.6 Tender Documentation 7
  • Article   9.7 Technical Specifications 7
  • Article   9.8 Requirements and Conditions for Participating In Procurement 7
  • Article   9.9 Tendering Procedures 7
  • Article   9.10 Awarding of Contracts 8
  • Article   9.11 Information on Contract Awards 8
  • Article   9.12 Non-Disclosure of Information 8
  • Article   9.13 Ensuring Integrity In Procurement Practices 8
  • Article   9.14 Exceptions 8
  • Article   9.15 Domestic Review of Supplier Challenges 8
  • Article   9.16 Modifications and Rectifications to Coverage 8
  • Article   9.17 Definitions 8
  • Chapter   Ten  Investment 8
  • Article   10.1 Scope and Coverage 8
  • Article   10.2 Relation to other Chapters 8
  • Article   10.3 National Treatment 8
  • Article   10.4 Most-favored-nation Treatment 8
  • Article   10.5 Minimum Standard of Treatment 8
  • Article   10.6 Treatment In Case of Strife 8
  • Article   10.7 Expropriation and Compensation 8
  • Article   10.8 Transfers 8
  • Article   10.9 Performance Requirements 8
  • Article   10.10 Senior Management and Boards of Directors 8
  • Article   10.11 Investment and Environment 8
  • Article   10.12 Denial of Benefits 8
  • Article   10.13 Non-conforming Measures 8
  • Article   10.14 Special Formalities and Information Requirements 8
  • Section   B Investor-State Dispute Settlement 8
  • Article   10.15 Consultation and Negotiation 8
  • Article   10.16 Submission of a Claim to Arbitration 8
  • Article   10.17 Consent of Each Party to Arbitration 8
  • Article   10.18 Conditions and Limitations on Consent of Each Party 8
  • Article   10.19 Selection of Arbitrators 8
  • Article   10.20 Conduct of the Arbitration 8
  • Article   10.21 Transparency of Arbitral Proceedings 8
  • Article   10.22 Governing Law 8
  • Article   10.23 Interpretation of Annexes 8
  • Article   10.24 Expert Reports 8
  • Article   10.25 Consolidation 8
  • Article   10.26 Awards 8
  • Article   10.27 Service of Documents 8
  • Section   C Additional Provisions and Definitions 8
  • Article   10.28 Additional Provisions 8
  • Article   10.29 Definitions 8
  • Annex 10-A  Customary International Law 8
  • Annex 10-B  Expropriation 8
  • Annex 10-C  Submission of a Claim to Arbitration 9
  • Annex 10-D  Possibility of a Bilateral Appellate Mechanism 9
  • Annex 10-E  9
  • 10-F  Panama Canal Authority 9
  • Chapter   Eleven  Cross-Border Trade In Services 9
  • Article   11.1 Scope and Coverage 9
  • Article   11. 2 National Treatment 9
  • Article   11.3 Most-Favored-Nation Treatment 9
  • Article   11.4 Market Access 9
  • Article   11.5  Local Presence 9
  • Article   11.6 Non-Conforming Measures 9
  • Article   11.7  Transparency In Developing and Applying Regulations (3) 9
  • Article   11.6 Domestic Regulation 9
  • Article   11.9  Mutual Recognition 9
  • Article   11.10 Transfers and Payments 9
  • Article   11.11  Denial of Benefits 9
  • Article   11.12  Specific Commitments 9
  • Article   11.13  Additional Provisions 9
  • Article   11.14 Implementation 9
  • Article   11.15  Definitions 9
  • Chapter   Twelve  Financial Services 10
  • Article   12.1  Scope and Coverage 10
  • Article   12.2  National Treatment 10
  • Article   12.3  Most-Favored-Nation Treatment 10
  • Article   12.4 Market Access for Financial Institutions 10
  • Article   12.5  Cross-Border Trade 10
  • Article   12.6  New Financial Services (1)  10
  • Article   12.7 Treatment of Certain Information 10
  • Article   12.8  Senior Management and Boards of Directors 10
  • Article   12.9  Non-Conforming Measures 10
  • Article   12.10  Exceptions 10
  • Article   12.11  Transparency 10
  • Article   12.12  Self-Regulatory Organizations 10
  • Article   12.13  Payment and Clearing Systems 10
  • Article   12.14  Domestic Regulation 10
  • Article   12.15  Expedited Availability of Insurance Services 10
  • Article   12.16 Financial Services Committee 10
  • Article   12.17 Consultations 10
  • Article   12.18  Dispute Settlement 10
  • Article   12.19  Investment Disputes In Financial Services 10
  • Article   12.20  Definitions 10
  • Chapter   Thirteen  Telecommunications 11
  • Article   13.1  Scope and Coverage 11
  • Article   13.2  Access to and Use of Public Telecommunications Services 11
  • Article   13.3  Obligations Relating to Suppliers of Public Telecommunications Services (1)  11
  • Article   13.4  Additional Obligations Relating to Major Suppliers of Public  Telecommunications Services (2)  11
  • Article   13.5  Submarine Cable Systems 11
  • Article   13.6 Conditions for the Supply of Information Services 11
  • Article   13.7  Independent Regulatory Bodies (5) and Government-Owned  Telecommunications Suppliers 11
  • Article   13.8 Universal Service 11
  • Article   13.9 Licenses and other Authorizations 11
  • Article   13.10  Allocation and Use of Scarce Resources 11
  • Article   13.11 Enforcement 11
  • Article   13.12  Resolution of Domestic Telecommunications Disputes 11
  • Article   13.13 Transparency 11
  • Article   13.14 Flexibility In the Choice of Technologies 11
  • Article   13.13  Transparency 12
  • Article   13.14  Flexibility In the Choice of Technologies 12
  • Article   13.15  Forbearance 12
  • Article   13.16  Relationship to other Chapters 12
  • Article   13.17  Definitions 12
  • Chapter   Fourteen  Electronic Commerce 12
  • Article   14.1 General 12
  • Article   14.2  Electronic Supply of Services 12
  • Article   14.3 Digital Products 12
  • Article   14.4 Transparency 12
  • Article   14.5 Cooperation 12
  • Article   14.6 Definitions 12
  • Chapter   Fifteen Intellectual Property Rights 12
  • Article   15.1 General Provisions 12
  • Article   15.2 Trademarks 12
  • Article   15.3 Geographical Indications 12
  • Article   15.4 Domain Names on the Internet 13
  • Article   15.5 Obligations Pertaining to Copyright and Related Rights 13
  • Article   15.6 Obligations Pertaining Specifically to Copyright 13
  • Article   15.7 Obligations Pertaining Specifically to Related Rights 13
  • Article   15.8 Protection of Encrypted Program-Carrying Satellite Signals 13
  • Article   15.9 Patents 13
  • Article   15.10 Measures Related to Certain Regulated Products 13
  • Article   15.11 Enforcement of Intellectual Property Rights 13
  • Article   15.12 Understandings Regarding Certain Public Health Measures 14
  • Article   15.13 Final Provisions 14
  • Chapter   Sixteen  Labor 14
  • Article   16.1 Statement of Shared Commitment 14
  • Article   16.2 Fundamental Labor Rights 14
  • Article   16.3 Enforcement of Labor Laws 14
  • Article   16.4 Procedural Guarantees and Public Awareness 14
  • Article   16.5 Institutional Arrangements 14
  • Article   16.6 Labor Cooperation and Capacity Building Mechanism 14
  • Article   16.7 Cooperative Labor Consultations 14
  • Article   16.8 Labor Roster 15
  • Article   16.9 Definitions 15
  • Chapter   Seventeen  Environment 15
  • Article   17.1 Levels of Protection 15
  • Article   17.2 Environmental Agreements 15
  • Article   17.3 Enforcement of Environmental Laws 15
  • Article   17.4 Procedural Matters 15
  • Article   17.5 Voluntary Mechanisms to Enhance Environmental Performance 15
  • Article   17.6 Environmental Affairs Council 15
  • Article   17.7 Opportunities for Public Participation 15
  • Article   17.8 Submissions on Enforcement Matters 15
  • Article   17.9 Factual Records and Related Cooperation 15
  • Article   17.10 Environmental Cooperation 15
  • Article   17.11 Collaborative Environmental Consultations and Panel Procedure 15
  • Article   17.12 Environmental Roster 15
  • Article   17.13 Relationship to Environmental Agreements 15
  • Article   17.14 Definitions 16
  • Chapter   Eighteen Transparency 16
  • Section   A Transparency 16
  • Article   18.1 Contact Points 16
  • Article   18.2 Publication 16
  • Article   18.3 Notification and Provision of Information 16
  • Article   18.4 Administrative Proceedings 16
  • Article   18.5 Review and Appeal 16
  • Article   18.6 Definitions 16
  • Section   B Anti-Corruption 16
  • Article   18.7 Statement of Principle 16
  • Article   18.8 Anti-Corruption Measures 16
  • Article   18.9 Cooperation In International Fora 16
  • Article   18.10  Definitions 16
  • Chapter   Nineteen Administration of the Agreement and Trade Capacity Building 16
  • Section   A Administration of the Agreement 16
  • Article   19.1 The Free Trade Commission 16
  • Article   19.2 Free Trade Agreement Coordinators 16
  • Article   19.3 Administration of Dispute Settlement Proceedings 16
  • Section   B Trade Capacity Building 16
  • Article   19.4 Committee on Trade Capacity Building 16
  • Section   C Trade Security 16
  • Article   19.5 Trade Security 16
  • Chapter   Twenty  Dispute Settlement 16
  • Section   A Dispute Settlement 16
  • Article   20.1 Cooperation 16
  • Article   20.2 Scope of Application 16
  • Article   20.3 Choice of Forum 16
  • Article   20.4 Consultations 16
  • Article   20.5 Commission – Good Offices, Conciliation, and Mediation 16
  • Article   20.6 Request for an Arbitral Panel 17
  • Article   20.7 Roster 17
  • Article   20.8 Qualifications of Panelists 17
  • Article   20.9  Panel Selection 17
  • Article   20.10 Rules of Procedure 17
  • Article   20.11 Role of Experts 17
  • Article   20.12 Initial Report 17
  • Article   20.13 Final Report 17
  • Article   20.14 Implementation of Final Report 17
  • Article   20.16 Compliance Review 17
  • Article   20.17 Five-Year Review 17
  • Section   B Domestic Proceedings and Private Commercial Dispute Settlement 17
  • Article   20.18 Referral of Matters from Judicial or Administrative Proceedings 17
  • Article   20.19 Private Rights 17
  • Article   20.20 Alternative Dispute Resolution 17
  • Chapter   Twenty-One Exceptions 17
  • Article   21.1 General Exceptions 17
  • Article   21.2 Essential Security 17
  • Article   21.3 Taxation 17
  • Article   21.4 Balance of Payments Measures on Trade In Goods 17
  • Article   21.5  Disclosure of Information 17
  • Article   21.6 Definitions 17
  • Chapter   Twenty-Two Final Provisions 17
  • Article   22.1 Annexes, Appendices, and Footnotes 17
  • Article   22.2 Amendments 17
  • Article   22.3 Amendment of the WTO Agreement 17
  • Article   22.4 Reservations 17
  • Article   22.5 Entry Into Force and Termination 17
  • Article   22.6 Authentic Texts 18