TRQ Auctions & Bids
Two auctions for certificates of quota eligibility for shipment to Panama in 2017 under the Panama Trade Promotion Agreement will be held from December 12 - 16, 2016 for 532 MT and May 8 - 12, 2017 for 531 MT. The tariff rate quota for chicken leg quarters will be allocated through an open and public auction system. PAN-PEQ, Inc. will issue certificates of quota eligibility to the high bidders in the auction.
Two auctions were held for shipment in 2013, 2014, 2015 and 2016. Results of these auctions can be viewed here.
Interested parties who want to bid on certificates that gives them the right to import duty free chicken leg quarters into Panama, must submit a bid form and carefully follow all instructions contained in the bid instructions. Failure to follow the bid instructions could result in invalidation of the bid. Bid instructions may be viewed on-line or printed for review.
Bids will be submitted in units of metric tons, with a minimum bid of one metric ton, and a minimum bid price of $200.00 US dollars per metric ton. Bids must be accompanied by a security deposit.