US-Panama Free Trade Deal To Kick In

Law360, Los Angeles (October 22, 2012, 3:22 PM EDT) -- A free-trade agreement between the U.S. and Panama approved by both countries in 2007 and signed into law by President Barack Obama last year will take effect Oct. 31, U.S. Trade Representative Ron Kirk announced Monday.

The agreement with Panama, which the USTR's office billed as having one of the fastest-growing economies in Latin America, is expected to cut barriers to U.S. exports and expand trade between the two countries.

“Under this comprehensive agreement, Panama will eliminate tariffs and other barriers to U.S. exports, which will...
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