Chinese Taipei-Panama Free Trade Agreement
The Free Trade Agreement between Chinese Taipei and Panama entered into force in 2004, providing for preferential import tariffs for most products traded between them, notably iron and steel, minerals, hydrocarbons, nuclear reactors, quartz reactors, semiconductors, automotive parts etc.
Rule of origins apply to qualify for preferential tariff treatment : products should be wholly obtained, produced or have undergone a sufficient production process in the territory of the signatories, or satisfy a 55% minimum local value content requirement.
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