He said that US agricultural producers sold products worth $200 million to Panama in 2005 and that under the new agreement, more than half of all current US farm exports to Panama will become duty-free immediately, including high quality beef, mechanically de-boned chicken, turkey and pork variety meats. He added that US farmers will also benefit from expanded market access through tariff-rate quotas on products such as pork, chicken leg quarters and dairy products. Tariffs on most remaining US farm products will be phased out within 15 years.

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