PARTIAL SCOPE AGREEMENT BETWEEN CUBA AND PANAMÁ

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PARTIAL SCOPE AGREEMENT BETWEEN CUBA AND PANAMÁ

The possible disputes will be under the regime of dispute resolution.

With this agreement they look to ease the commerce and both countries commit to work together, taking into account any proposal oriented to a specific sector.

Agreed

Programmatic commitment in investment and trade in services

Commerce cooperation and dispute resolution

Sanitary and phytosanotary regulations

Tariff preferences

Trade defense

Rules of origin

Safeguards

This agreement help both countries to participate more in the global economy.

The objetives

Estimulate the integration promoting the supplementary complementation between countries

Facilitate, expand, diversify and promote the commercial exchange

Seek for the bilateral trade to be foreseeable transparent, equilibrated and fair

Reinforce the economic and commercial development

The techinal barriers to the trade is created and have representatives from each country

Investigate and propose solutions to the technical regulations that obstaculice the commerce

Verify that the legal metrology are in accordance to the IOLG

Identify and eliminate any regulation that might obstaculice the commerce

Contribute to access effectively to the market

Bith countries are part of the Association of Caribean States and WTO

Subscribed in March 16th 2009

Came into force in August 20th 2009