Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 29 - Department of Labor |
SubChapter D - Socioeconomic Programs |
Part 3525 - FOREIGN ACQUISITION |
Subpart 3525.3 - Balance of Payments Program |
§ 3525.300-70 - Applicability.
Latest version.
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In accordance with Article IX of the Agreement in Implementation of Article III of the Panama Canal Treaty, the Balance of Payments provisions limiting purchase of foreign products or services shall not apply to purchases for use by the Commission of—
(a) Articles, materials, or supplies that are produced in Panama (mined, produced, or manufactured);
(b) End products, the largest percentage of which are components of Panamanian origin; and
(c) Services which are available in Panama.