Politics

Assembly approves Canal budget

The National Assembly approved the ACP budget.

Panama’s National Assembly approved in third and final debate the budget of the Panama Canal for fiscal year 2020.

It is estimated that there will be revenues of $3,426.1 million and contributions to the National Treasury for $1.820.1 million.

The budget was approved after its support by the Minister of Channel Affairs and Chairman of the Board of Directors, Aristides Royo and the administrator of the […]

Japan grants Quijano the Order of the Rising Sun

La entrega se hizo durante una recepción en Panamá conmemorativa al natalicio de Su Majestad Imperial, el Emperador Akihito.

Panama Canal Administrator Jorge L. Quijano has been awarded the Order of the Rising Sun, Golden and Silver Star, by the Government of Japan.

Established in 1875, the distinguished honor is bestowed by the Japanese Government upon individuals who make exemplary achievements in international relations, promoting Japanese culture, improving social welfare, environmental preservation or the advancement of their own respective field. Mr. Quijano was recognized for his service in strengthening relations through trade and global […]

Panama says China increases its presence in the country to expand in the region

El Presidente de Panamá, Juan Carlos Varela y su homólogo Xi Jinping.

China will increase its presence in Panama to expand into Latin America, said Panamanian President Juan Carlos Varela, after his historic meeting in the Asian country with his counterpart Xi Jinping.

“There will be many more companies and multinationals using Panama to expand their presence in Latin America,” Varela told a press conference to present the achievements of his recent trip to China.

On that tour, Varela was received by the Chinese president and both […]

Panama’s new Asian partner

La Canciller y Vicepresidenta de la República, Isabel de Saint Malo y el Ministro de Relaciones Exteriores de China, Wang Yi intercambiaron documentos estableciendo relaciones diplomática.

By Marijulia Pujol Lloyd

The Popular Republic of China is no longer sleeping and the mighty dragon has woken up and is ready to take over the world. This Asian nation has plans for Europe, Africa and Latin America, and Panama is at the top of its “to do list”.

Free commerce is in the mind of the Chinese government and the Panama Canal is an important part of its strategy.

On June 12, 2017, […]

Panama and Argentina must strengthen their relationship

The governments of Panama and Argentina are aware that, although they have an old and solid bilateral relationship, many issues remain that need to be strengthened. That was the first conclusion of a three-day visit to Buenos Aires by Panamanian Vice President, Isabel de Saint Malo, who told reporters that “there is much to be done” between the two countries.

Saint Malo, who is also the Foreign Affairs Minister, arrived in Buenos Aires just a […]

Panama and Lebanon to strengthen maritime ties

Isabel de Saint Malo, Canciller de Panamá.

Panama and Lebanon will seek to strengthen their relations, especially in the maritime and commercial sectors, concluded the Panamanian Foreign Minister, Isabel De Saint Malo, and her Lebanese counterpart, Gebran Bassil.

The Minister of Foreign Affairs and Emigration of the Lebanese Republic visited Vice President and Foreign Minister De Saint Malo in order to give a new impetus to their bilateral and commercial relations, informed that ministry.

Both leaders “addressed the possibility of reaching cooperation […]

Panama opens consulate in Morocco

Panama has inaugurated a consulate in Morocco with the idea of boosting commercial relations between both countries, especially in areas related to industry, port, shipping and logistics.

Jorge Barakat Pitty, Panama Maritime Authority Administrator, said that the inauguration of the consulate is a historical event and he expects that it will be productive for both countries.

Panama is the gate of access to North and South American markets, while Morocco is the key point for […]