Colombia -Panama Partial Scope Agreement

Country / jurisdiction: Panama · Year: 1995 · Status: In force · Level: National · Type: Voluntary

The Partial Scope Agreement between Panama and Colombia entered into force on January 1995, fully or partially eliminating import tariff for most energy products and technologies, including:

Electric motors, turbines and generators;

Mechanical equipment including pumps, appliances, and other advanced machinery;

Electric accumulators, transformers, capacitors, batteries;

Motor vehicles;

Mineral ore, slag and ash;

Mineral fuels, oils and other products;

Metals and their articles e.g. iron and steel;

Rules of origin delineated in the Agreement include provisions preventing goods only undergoing minimal transformations in one of the signatory countries or incorporating materials of external origin valued above 40% of the transaction value of the good to benefit from the tariff treatment established by the Agreement.

Official source: https://panama.embajada.gov.co/colombia/instrumentos_acuerdos