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US accord with Panama boosts beef sales in region

Friday, December 7, 2012

The US-Panama Trade Agreement took effect October 31, further enhancing market access for US beef in Central America.

The agreement grants immediate, duty-free access for high-quality beef cuts, as well as a 30 percent duty for all other beef cuts.

The US Meat Export Federation projects these market-access improvements will help boost beef exports to Panama to about $8.5 million in 2013.

Source: Beef Magazine