U.S.-Panama Ties to Remain Strong

The results of last week’s U.S. presidential election should not affect Panama in any significant capacity.

Last week, Panamanian Foreign Minister, Samuel Lewis Navarro, reported that “For Panama, the result will not make any difference to the continued strengthening of the special ties between both countries”. Neither candidate would be initiating policies that interfere with the historical relationship between Panama and the U.S.

Panama and the United States are completing an agreement called the U.S.-Panama Agreement (CPA). The agreement has been signed by both governments after three years of negotiations. The agreement calls for eliminating tariffs and other trade barriers for goods and services between the U.S. and Panama. The Panamanian National Assembly ratified the agreement on July 11, 2007 and is now waiting for ratification from U.S. Congress, which is expected to pass.

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