A free trade agreement between Canada and Panama was signed last week. This agreement will eliminate tariffs of more than 90 percent on Canadian imports into Panama, and Panama will have 100 percent access to the Canadian market.
"The FTA builds an ample highway of exchange for portable products, for the goods we produce and the services we offer," said President Martinelli at the signing of the deal.
And Prime Minister Harper added: "Signing a free trade agreement with a key hemispheric partner like Panama is the logical next step in our policy of pursuing deeper integration and closer cooperation throughout the Americas."
The free trade agreement will begin January 2010.
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