Highlights of pending free-trade deal between Panama and the United States

Panama's National Assembly has approved a tax information exchange treaty with the United States that is expected to clear the way for action in the US Congress on a bilateral free trade agreement.

Some details are provided here about US-Panamanian trade and the agreement, which was signed by the two countries four years ago but never approved by the US Congress. The United States exported more than $6 billion worth of goods to Panama in 2010 and imported less $400 million of products from that country.

Original source: Reuters