The European Commission has reissued a yellow card to Panama, warning that it is not doing enough to fight illegal, unreported, and unregulated (IUU) fishing.
The yellow card does not affect trade between the E.U. and Panama, but rather acts as a warning that the E.U. is considering further action, most notably a red card, which would result in a ban of Panamanian seafood products from entering the E.U. market.
The Republic of Panama previously already received a yellow card in November 2012, but it was lifted in October 2014. This is the first time the E.C. has reinstated a yellow card warning on a country that has achieved a lifting of a previous yellow card.