date:Nov 30, 2012
The CAT disappeared in April 2010 with the execution of the Certificate for Export Promotion (CEFA). However, transactions continued and their use was extended for another year (2012) because some certificates still need to be endorsed.
Euro certificates are in a similar situation. They were created in 2008, when Panama lost the Generalised System of Preferences (GSP-plus) granted by the European Union, but once recovered, the former had to stop.
Given the end of both subsidies, it was announ