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Gerardo Rodriguez, USMEF director of trade development for Central America and the Dominican Republic, recently spoke to USMEF members about the potential benefits of the U.S.-Panama Trade Agreement, which entered into force Oct. 31.
On the pork side, duties of 60 percent to 70 percent on most cuts will be eliminated through a duty-free tariff-rate quota (TRQ), which begins at 1,600 metric tons. Lower duties on bacon, cured hams and pre-packaged items will also be eliminated through duty-free TRQs. The volume of these TRQs increases annually for 15 years, when U.S. pork will effectively gain duty-free access to Panama.
Tuesday November 20, 2012/ USMEF/ United States.
http://www.usmef.org
