Representatives of the National Council of Private Enterprise (CONEP) met with the Minister of the Presidency, Roberto Henriquez, to continue the dialogue initiated in November aimed at analyzing and solving international economic commitments with the Colon Free Zone.
CONEP businessmen discussed debts of Venezuela and Colombia with the free zone and the expectations that have been generated that the two South American nations honor their commitments.
Similarly, delegates from local banks and other sectors involved, [...]
The annual meeting of the World Economic Forum on Latin America, to be held in Panama in April, will view the dynamism and diversity of Latin American economies, human development, social and financial inclusion.
In addition, it will focus on investment opportunities in infrastructure, economic and institutional sectors and the environmental agenda, as a platform for sustainable development.
Panamanian Foreign Minister, Francisco Alvarez De Soto, met with the Senior Director for Latin America of the [...]
After first year of TPC
After the first year of entry into force of the Trade Promotion Agreement between Panama and the United States (TPC), Panamanian authorities reveal that there are some indications that it is beginning to diversify exports to the US market without leaving out traditional exports.
The new items that are entering the US market from Panama are: peppers, guava, sauces, alcohol for pharmaceutical use, frozen foods and other non-traditional items beginning [...]
Panama and Colombia will have no choice but to resolve the tariff issue with the intervention of the World Trade Organization (WTO) since talks failed to resolve the dispute caused by the imposition of a special tariff on textiles and footwear re-exported by Panama.
Ricardo Quijano, Minister of Commerce and Industry of Panama told the Panama News Agency that they could not reach an agreement for lack of interest by Colombia. The official had announced [...]
The Organization for Economic Cooperation and Development (OECD) has just released its report in Mexico by members of the Economic Commission for Latin America and the Caribbean (ECLAC) “Latin American Economic Outlook 2014″.
Although in recent years the economic crisis has focused on the more developed countries, emerging countries in Latin America have become good places for business investment, but the forecasts for 2014 are not very encouraging, especially for the logistics sector.
According to [...]
The Mexican Ministry of Economy said that a Free Trade Agreement (FTA) with Panama would boost further integration of the Mexican economy in Central America, the Caribbean, the Andean region and the United States.
“It would further integrate Mexican exports from Panama to the United States, Venezuela and Colombia, these three countries accounting for about 57% of Panama’s exports,” said Francisco de Rosenzweig, Mexican Undersecretary of Foreign Trade.
The official argued that the treaty would [...]
The acting Minister of Commerce and Industry of Panama, Luis Eduardo Camacho, highlighted the work done by the Secretariat of Central American Integration (SICA) in various forums and seminars to disclose the Association Agreement between the European Union and Central America.
During one of these activities, the acting minister said that the Association Agreement with the European Union sets an important precedent, being the first agreement region-region and is an example of the kind of [...]