Global Trade Alert
Global Trade Alert

Panama: Introduced restrictions concerning foreign-owned vessels

Announcement

14 Jun 2013

In June 2013, the government of Panama announced a change in local-hiring incentives.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Jun 2013

Revocation date:

No revocation date

Updated: 14 Jun 2013
FDI: Entry and ownership rule In force

On 14 June 2013, the government of Panama introduced restrictions for foreign-owned vessels in the maritime transport sector. The regulation, known as Law 41, stipulates that 90 per cent of ...

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