APEDE calls for free zone equality

The Panamanian Association of Business Executives (APEDE) Issued the following statement in solidarity with Colon Free Zone businessmen recommending that all free zones in Panama operate on a level playing field.

However, President Juan Carlos Varela continues to claim that this would not solve the problem of the Colon Free Zone, which has lost its competitiveness.

“The Panamanian Association of Business Executives (APEDE) joins the concern of several sectors of the country due to the economic crisis affecting companies and workers in the Colon Free Zone, which state that it is of utmost importance a dialogue between all involved to be conducive because that would move towards a single framework law of free zones in our country.

“APEDE defends free enterprise and legal security, so that the authorities must ensure equal conditions for the economic and social development of the country, because it is clear that the Colon Free Zone has remained at a competitive disadvantage with other free zones operating within the national territory.”

Leave a Reply

Your email address will not be published. Required fields are marked *