OAS
 
 
Panama - Taiwan Free Trade Agreement
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Index  
Preamble  
Part One General Aspects Back to top!
Chapter 1 Initial Provisions Back to top!
Article 1.01 Establishment of the Free Trade Area  
Article 1.02 Enforcement  
Article 1.03 Relation to Other International Agreements  
Article 1.04 Successor Agreement  
     
Chapter 2 General Definitions Back to top!
Article 2.01 Definitions of General Application  
  Annex 2.01: Country Specific Definitions  
     
Part Two Trade in Goods Back to top!
Chapter 3 National Treatment and Market Access for Goods Back to top!
Section A Definitions and Scope of Application Back to top!
Article 3.01 Definitions  
Article 3.02 Scope Of Application  
Section B National Treatment Back to top!
Article 3.03 National Treatment  
Section C Tariffs Back to top!
Article 3.04 Tariff Reduction Schedule  
Article 3.05 Temporary Admission of Goods  
Article 3.06 Duty-Free Entry of Certain Commercial Samples of Negligible Value or of Non-Commercial Value and Printed Advertising Materials  
Article 3.07 Goods Re-Entered after Repair or Alteration  
Article 3.08 Customs Valuation  
Section D Non-Tariff Measures Back to top!
Article 3.09 Domestic Supports  
Article 3.10 Export Subsidies  
Article 3.11 Import and Export Restrictions  
Article 3.12 Customs Processing Fees and Consular Fees         
Article 3.13 Country of Origin Marking  
Article 3.14 Export Taxes  
Article 3.15 Measures under Intergovernmental Agreements  
Article 3.16 Committee on Trade in Goods  
  Annex 3.04: Tariff Reduction Schedule of the ROCPDF  
  Annex 3.04: Tariff Reduction Schedule of PanamaPDF  
  Annex 3.11(6): Import and Export Restrictions  
  Annex 3.16: Committee on Trade in Goods  
     
Chapter 4 Rules of Origin Back to top!
Article 4.01 Definitions  
Article 4.02 Application Instruments and Interpretation  
Article 4.03 Originating Goods  
Article 4.04 Minimal Operations or Processes  
Article 4.05 Indirect Materials  
Article 4.06 Accumulation  
Article 4.07 Regional Value Content  
Article 4.08 De Minimis  
Article 4.09 Fungible Goods  
Article 4.10 Sets or Assortments of Goods  
Article 4.11 Accessories, Spare Parts and Tools  
Article 4.12 Containers and Packaging Materials for Retail Sale  
Article 4.13 Containers and Packing Materials for Shipment  
Article 4.14 Transshipment  
  Annex 4.03: Specific Rules of OriginPDF  
     
Chapter 5 Customs Procedures Back to top!
Article 5.01 Definitions  
Article 5.02 Certification of Origin  
Article 5.03 Obligations Regarding Importation  
Article 5.04 Obligations Regarding Exportation  
Article 5.05 Records  
Article 5.06 Origin Verification Procedure  
Article 5.07 Advance Rulings  
Article 5.08 Confidentiality  
Article 5.09 Recognition and Acceptance of the Re-Exportation Certificate  
Article 5.10 Penalties  
Article 5.11 Review and Appeal  
Article 5.12 Uniform Regulations  
Article 5.13 Cooperation  
     
Chapter 6 Safeguard Measures Back to top!
Article 6.01 Definitions  
Article 6.02 Bilateral Safeguard Measures  
Article 6.03 Global Safeguard Measures  
Article 6.04 Administration of Safeguard Measure Proceedings  
Article 6.05 Dispute Settlement in Safeguard Measure Matters  
  Annex 6.01: Investigating Authority  
     
Chapter 7 Unfair Trade Practices Back to top!
Article 7.01 Scope and Coverage  
Article 7.02 Obligation for Completing an Investigation  
     
Part Three Technical Barriers to Trade Back to top!
Chapter 8 Sanitary and Phytosanitary Measures Back to top!
Article 8.01 Definitions  
Article 8.02 General Provisions  
Article 8.03 Rights of the Parties  
Article 8.04 Obligations of the Parties  
Article 8.05 International Standards and Harmonization  
Article 8.06 Equivalence  
Article 8.07 Assessment of Risk and Determination of the Appropriate Level of Sanitary and Phytosanitary Protection  
Article 8.08 Recognition of Pest- or Disease- Free Areas and Areas of Low Pest or Disease Prevalence  
Article 8.09 Control, Inspection and Approval Procedures  
Article 8.10 Transparency  
Article 8.11 Committee on Sanitary and Phytosanitary Measures  
Article 8.12 Technical Cooperation  
  Annex 8.11: Committee on Sanitary and Phytosanitary Measures  
     
Chapter 9 Measures on Standards, Metrology and Authorization Procedures Back to top!
Article 9.01 Definitions  
Article 9.02 General Provisions  
Article 9.03 Scope and Coverage  
Article 9.04 Basic Rights and Obligations  
Article 9.05 Assessment of Risk  
Article 9.06 Compatibility and Equivalence  
Article 9.07 Conformity Assessment  
Article 9.08 Authorization Procedures  
Article 9.09 Metrology  
Article 9.10 Notification  
Article 9.11 Information Centres  
Article 9.12 Committee on Standards, Metrology and Authorization Procedures  
Article 9.13 Technical Cooperation  
  Annex 9.11(2): Information Centres  
  Annex 9.12: Committee on Standards, Metrology and Authorization Procedure  
     
Part Four Investment, Services and Related Matters Back to top!
Chapter 10 Investment Back to top!
Section A Investment Back to top!
Article 10.01 Scope and Coverage  
Article 10.02 National Treatment  
Article 10.03 Most-Favored-Nation Treatment  
Article 10.04 Fair and Equitable Treatment  
Article 10.05 Standard of Treatment  
Article 10.06 Compensation for Losses  
Article 10.07 Performance Requirements  
Article 10.08 Senior Management and Boards of Directors  
Article 10.09 Reservations and Exceptions  
Article 10.10 Transfers  
Article 10.11 Expropriation and Compensation  
Article 10.12 Special Formalities and Information Requirements  
Article 10.13 Relation to Other Chapters  
Article 10.14 Denial of Benefits  
Article 10.15 Environmental Measures  
Section B Settlement of Disputes between a Party and an Investor of the Other Party Back to top!
Article 10.16 Purpose  
Article 10.17 Claim by an Investor of a Party on Its Own Behalf  
Article 10.18 Claim by an Investor of a Party on Behalf of an Enterprise  
Article 10.19 Settlement of a Claim through Consultation and Negotiation  
Article 10.20 Notice of Intent to Submit a Claim to Arbitration  
Article 10.21 Submission of a Claim to Arbitration  
Article 10.22 Conditions Precedent to Submission of a Claim to Arbitration  
Article 10.23 Consent to Arbitration  
Article 10.24 Number of Arbitrators and Method of Appointment  
Article 10.25 Constitution of a Tribunal When a Party Fails to Appoint an Arbitrator or the Disputing Parties Are Unable to Agree on a Presiding Arbitrator  
Article10.26 Agreement to Appointment of Arbitrators  
Article 10.27 Consolidation  
Article 10.28 Notice  
Article 10.29 Participation by a Party  
Article 10.30 Documents  
Article 10.31 Venue of Arbitration  
Article 10.32 Governing Law  
Article 10.33 Interpretation of Annexes  
Article 10.34 Expert Reports  
Article 10.35 Interim Measures of Protection  
Article 10.36 Final Award  
Article 10.37 Finality and Enforcement of an Award  
Article 10.38 General Provision  
Section C Definitions Back to top!
Article 10.39 Definitions  
  Annex 10.38(2): Delivery of Notifications and Other Documents  
     
Chapter 11 Cross Border Trade in Services Back to top!
Article 11.01 Definitions  
Article 11.02 Scope and Coverage  
Article 11.03 National Treatment  
Article 11.04 Most-Favored-Nation Treatment  
Article 11.05 Standard of Treatment  
Article 11.06 Local Presence  
Article 11.07 Permission, Authorization, Licensing and Certification  
Article 11.08 Reservations  
Article 11.09 Quantitative Restrictions  
Article 11.10 Denial of Benefits  
Article 11.11 Future Liberalization  
Article 11.12 Procedures  
Article 11.13 Disclosure of Confidential Information  
Article 11.14 Committee on Investment and Cross-border Trade in Services  
  Annex 11.14: Committee on Investment and Cross-border Trade in Services  
     
Chapter 12 Financial Services Back to top!
Article 12.01  Definitions  
Article 12.02 Scope and Coverage  
Article 12.03 Self-regulatory Organizations  
Article 12.04 Right of Establishment  
Article 12.05 Cross-border Trade  
Article 12.06 National Treatment  
Article 12.07 Most-Favored-Nation Treatment  
Article 12.08 Recognition and Harmonization  
Article 12.09 Exceptions  
Article 12.10 Transparency  
Article 12.11 Committee on Financial Services  
Article 12.12 Consultations  
Article 12.13 New Financial Services and Data Processing  
Article 12.14 Senior Management and Board of Directors  
Article 12.15 Reservations and Specific Commitments  
Article 12.16 Denial of Benefits  
Article 12.17 Transfers  
Article 12.18 Dispute Settlement Between the Parties  
Article 12.19 Investment Disputes Settlement in Financial Services Between an Investor of a Party and the Other Party  
  Annex 12.11: Committee on Financial Services  
     
Chapter 13 Telecommunications Back to top!
Article 13.01 Definitions  
Article 13.02 Scope and Coverage  
Article 13.03 Access to and Use of Public Telecommunications Transport Networks and Services  
Article 13.04 Conditions for the Provision of Enhanced or Value-added Services  
Article 13.05 Standards-Related Measures  
Article 13.06 Monopolies or Anti-competition Practice  
Article 13.07 Transparency  
Article 13.08 Relation to Other Chapters  
Article 13.09 Relation to Other International Organizations and Agreements  
Article 13.10 Technical Cooperation and Other Consultations  
  Annex 13.01(a): Conformity Assessment Procedure  
  Annex 13.01(b): Private Networks Interconnection (Private Circuits)  
     
Chapter 14 Temporary Entrance of Business Persons Back to top!
Article 14.01 Definitions  
Article 14.02 General Principles  
Article 14.03 General Obligations  
Article 14.04 Grant of Temporary Entry  
Article 14.05 Provision of Information  
Article 14.06 Dispute Settlement  
Article 14.07 Relation to Other Chapters  
  Annex 14.04: Temporary Entry For Business Persons  
  Annex 14.04(1): Special Provision Regarding Temporary Entry Of Business Persons  
  Appendix 14.04(A)(1): Business Visitors  
  Appendix 14.04(A)(3): Existing Immigration Measures  
     
Part Five Competition Policy Back to top!
Chapter 15 Competition Policy, Monopolies, and State Enterprises Back to top!
Section A Competition Policy Back to top!
Article 15.01 Objectives  
Article 15.02 Cooperation  
Section B Monopolies and State Enterprises Back to top!
Article 15.03 Monopolies and State Enterprises  
     
Part Six Intellectual Property Rights Back to top!
Chapter 16 Intellectual Property Back to top!
Section A General Provisions Back to top!
Article 16.01 General Provisions  
Section B Protection of the Intellectual Property Rights Back to top!
Article 16.02 General Obligations  
Article 16.03 Exhaustion of the Copyright and Related Rights  
Article 16.04 Protection of Geographic Indications  
Article 16.05 Protection of Traditional Knowledge  
Article 16.06 Protection of Folklore  
Article 16.07 Relation between Access to Genetic Resources and Intellectual Property  
Article 16.08 Plant breeders  
Section C Enforcement Back to top!
Article 16.09 Applications  
Article 16.10 Enforcement of Intellectual Property Rights  
Article 16.11 Enforcement of Border Measures  
Article 16.12 Transparency  
Article 16.13 Committee on Intellectual Property  
Article 16.14 Technical Cooperation  
  Annex 16.13: Committee on Intellectual Property  
     
Part Seven Administrative and Institutional Provisions Back to top!
Chapter 17 Transparency Back to top!
Article 17.01 Definitions  
Article 17.02 Information Centre  
Article 17.03 Publication  
Article 17.04 Provision of Information  
Article 17.05 Guarantees on Hearing, Legality and Due Process  
Article 17.06 Administrative Proceedings for Adopting Measures of General Applications  
Article 17.07 Review and Appeal  
Article 17.08 Communications and Notifications  
     
Chapter 18 Administration of the Agreement Back to top!
Section A Commission, Sub-Commission and Secretariat Back to top!
Article 18.01 Administrative Commission of the Agreement        
Article 18.02 Administrative Sub-commission of the Agreement  
Article 18.03 Secretariat  
Section B Committees, Sub-Committees and Expert Groups Back to top!
Article 18.04 General Provisions  
Article 18.05 Committees  
Article 18.06 Sub-committees  
Article 18.07 Expert Groups  
  Annex 18.01: Members of the Administrative Commission of the Agreement  
  Annex 18.02: Members of the Administrative Sub-Commission of the Agreement  
  Annex 18.03: Remuneration and Payment of Expenses  
  Annex 18.04: Committee  
     
Chapter 19 Dispute Settlement Back to top!
Section A Dispute Settlement Back to top!
Article 19.01 Definitions  
Article 19.02 General Provisions  
Article 19.03 Scope of Application  
Article 19.04 Choice of Fora  
Article 19.05 Urgent Cases  
Article 19.06 Consultations  
Article 19.07 Commission Intervention  
Article 19.08 Good Offices, Conciliation and Mediation  
Article 19.09 Request for the Establishment of an Arbitral Group  
Article 19.10 List of Arbitrators  
Article 19.11 Qualifications of the Arbitrators  
Article 19.12 Composition of the Arbitral Group  
Article 19.13 Model Rules of Procedure  
Article 19.14 Information and Technical Advice  
Article 19.15 Preliminary Report  
Article 19.16 Final Report  
Article 19.17 Implementation of the Final Report  
Article 19.18 Suspension of Benefits  
Section B Domestic Proceedings and Settlement of Private Commercial Disputes Back to top!
Article 19.19 Interpretation of the Agreement Before Judicial and Administrative Proceedings  
Article 19.20 Private Rights  
Article 19.21 Alternative Dispute Settlement Methods Between Individuals  
  Annex 19.03: Nullification and Impairment  
     
Chapter 20 Exceptions Back to top!
Article 20.01 Definitions  
Article 20.02 General Exceptions  
Article 20.03 National Security  
Article 20.04 Balance of Payments  
Article 20.05 Disclosure of Information  
Article 20.06 Taxation  
     
Chapter 21 Final Provisions Back to top!
Article 21.01 Modifications  
Article 21.02 Reservations  
Article 21.03 Validity  
Article 21.04 Annexes  
Article 21.05 Termination  
Article 21.06 Authentic Texts  
     
Services List Annexes for Chapter 10 Investment, Chapter 11 Cross-Border Trade in Services, and Chapter 12 Financial Services Back to top!
  List of PanamaPDF Back to top!
  Annex I  
  Annex II  
  Annex III  
  Annex IV  
  Annex V  
  Annex VI: Section A  
  Annex VI: Section B  
  List of the ROCPDF Back to top!
  Annex I  
  Annex II  
  Annex III  
  Annex IV  
  Annex VI: Section A  
  Annex VI: Section C  
  Explanatory NotesPDF Back to top!
     
Full Text of the Agreement PDF  
Source: Taiwan Bureau of Foreign Trade, Ministry of Foreign AffairsOffsite link!  
   
 

 

 

  Spanish version
About the Agreement
  Signature
  21 August 2003
  Entry into Force
  01 January 2004
Trade Policy Developments

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