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Citizen’s group accuses Panama of being a tax-haven and says that for that reason alone the United States should not ratify the FTA
The attack on Panama’s tax haven reputation and with it the potential Free Trade Agreement (FTA) continues.
A civil organization called Public Citizen’s Global Trade Watch Division has joined the list of Panama’s detractors and sent a letter to the US House of Representative on March 3, in which it launched a vitriolic attack against the FTA between the two countries.
Global Trade Watch (GTW) is a division of Public Citizen, the national consumer and environmental group founded in 1971. Public Citizen has about 90,000 due-paying members mainly in the U.S.
The organization promotes democracy by challenging corporate globalization, arguing that the current globalization model is neither a random inevitability nor "free trade."
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