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Panama–United Kingdom relations

From Wikipedia, the free encyclopedia

Bilateral relations
Panama–United Kingdom relations
Map indicating locations of Panama and United Kingdom

Panama

United Kingdom
Diplomatic mission
Embassy of Panama, LondonEmbassy of the United Kingdom, Panama City
Panamanian PresidentJuan Carlos Varela withBritish Prime MinisterTheresa May in10 Downing Street, May 2018.

Panama–United Kingdom relations are thebilateral relations betweenPanama and theUnited Kingdom. The two countries established diplomatic relations on 9 April 1908.[1]

Both countries share common membership of theInternational Criminal Court, theWorld Trade Organization, and theCentral America–United Kingdom Association Agreement.[2] Bilaterally the two countries have a Double Taxation Convention,[3] and an Investment Agreement.[4]

Economic relations

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From 1 August 2013 until 30 December 2020, trade between Panama and the UK was governed by theCentral America–European Union Association Agreement, while the United Kingdom was amember of theEuropean Union.[5]

Following thewithdrawal of the United Kingdom from the European Union, the UK and Panama signed the Central America–United Kingdom Association Agreement on 18 July 2019. The Central America–United Kingdom Association Agreement is acontinuity trade agreement, based on the EU free trade agreement, which entered into force on 1 January 2021.[2][6] Trade value betweenCentral America and the United Kingdom was worth £2,624 million in 2022.[7]

Diplomatic missions

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  • Panama maintains an embassy inLondon.[8]
  • The United Kingdom is accredited to Panama from its embassy inPanama City.[9]

See also

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References

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  1. ^"Relaciones diplomáticas de la República de Panamá"(PDF).Ministerio de Relaciones Exteriores de Panama (in Spanish). p. 195. Archived fromthe original(PDF) on 6 August 2020. Retrieved30 November 2021.
  2. ^abForeign and Commonwealth Office (18 July 2019)."UK and Central America sign continuity agreement".GOV.UK.Archived from the original on 18 July 2019. Retrieved24 December 2023.
  3. ^HM Revenue and Customs (17 December 2013)."Panama: tax treaties".GOV.UK.Archived from the original on 31 July 2025. Retrieved17 October 2025.
  4. ^"Panama - United Kingdom BIT (1983)".UN Trade and Development.Archived from the original on 27 February 2024. Retrieved13 June 2024.
  5. ^"EU - Central America".World Trade Organization. Retrieved13 December 2024.
  6. ^Cotton, Barney (19 July 2019)."UK and Central America sign continuity agreement".Business Leader. Archived fromthe original on 9 August 2022. Retrieved24 December 2023.
  7. ^Department for International Trade (3 November 2022)."UK trade agreements in effect".GOV.UK. Archived fromthe original on 17 January 2024. Retrieved9 February 2024.
  8. ^Diplomat Magazine (4 November 2020)."Panama".Diplomat Magazine.Archived from the original on 14 May 2025. Retrieved17 October 2025.
  9. ^"British Embassy Panama City".GOV.UK.Archived from the original on 13 June 2024. Retrieved13 June 2024.
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