TRQ Auctions & Bids

Two auctions for certificates of quota eligibility for shipment to Panama in 2019 under the Panama Trade Promotion Agreement will be held from December 3-7, 2018 for 643 MT and May 6 - 10, 2019 for 643 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, 2016, 2017 and 2018. Results of these auctions can be viewed here.

• Auction announcement in English
• Aviso de Subasta en Español

 

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.

In order to participate in the auction, you must submit a bid form. Please be sure to read the instructions prior to placing a bid.