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On July 20, 2018, the Government of Panama activated the Agricultural Special Safeguard under the U.S. – Panama Trade Promotion Agreement (TPA), re-establishing the bound tariff rate of 70 percent...
Panama has approved the import of genetically modified (GM) corn seeds for local production, and has conducted field trials for GM mosquitoes and salmon.
Central America and the Caribbean, with their close geographical and economic ties to the United States, have always been an important market for U.S. agricultural exports.