Panama–United Kingdom relations

Panama–United Kingdom relations

Panama
United Kingdom
Diplomatic mission
Embassy of Panama, LondonEmbassy of the United Kingdom, Panama City

Panama–United Kingdom relations are the bilateral relations between Panama and the United Kingdom. The two countries established diplomatic relations on 9 April 1908.[1]

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

Economic relations

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

Following the withdrawal 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 a continuity trade agreement, based on the EU free trade agreement, which entered into force on 1 January 2021.[2][6] Trade value between Central America and the United Kingdom was worth £2,624 million in 2022.[7]

Diplomatic missions

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

See also

References

  1. ^ "Relaciones diplomáticas de la República de Panamá" (PDF). Ministerio de Relaciones Exteriores de Panama (in Spanish). p. 195. Archived from the original (PDF) on 6 August 2020. Retrieved 30 November 2021.
  2. ^ a b Foreign and Commonwealth Office (18 July 2019). "UK and Central America sign continuity agreement". GOV.UK. Archived from the original on 18 July 2019. Retrieved 24 December 2023.
  3. ^ HM Revenue and Customs (17 December 2013). "Panama: tax treaties". GOV.UK. Archived from the original on 31 July 2025. Retrieved 17 October 2025.
  4. ^ "Panama - United Kingdom BIT (1983)". UN Trade and Development. Archived from the original on 27 February 2024. Retrieved 13 June 2024.
  5. ^ "EU - Central America". World Trade Organization. Retrieved 13 December 2024.
  6. ^ Cotton, Barney (19 July 2019). "UK and Central America sign continuity agreement". Business Leader. Archived from the original on 9 August 2022. Retrieved 24 December 2023.
  7. ^ Department for International Trade (3 November 2022). "UK trade agreements in effect". GOV.UK. Archived from the original on 17 January 2024. Retrieved 9 February 2024.
  8. ^ Diplomat Magazine (4 November 2020). "Panama". Diplomat Magazine. Archived from the original on 14 May 2025. Retrieved 17 October 2025.
  9. ^ "British Embassy Panama City". GOV.UK. Archived from the original on 13 June 2024. Retrieved 13 June 2024.
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