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Panama, Chile Sign Free Trade Agreement


Panama and Chile have signed a free trade agreement that will eliminate nearly all tariffs between the nations within 10 years.

Signed Tuesday, the deal aims to improve access to markets, cross-border services and conflict resolution. It also includes an environmental cooperation pact.

Panamanian officials say the pact will also help the tiny country to build its export industry.

Some information for this report was provided by AP.

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