Panama – Chile Trade Increases
A year after the Free Trade Agreement between the two countries took effect, commercial trade increased by 40%.
Friday, March 6, 2009
Roberto Gonzalez wrote in an article in Prensa.com: "The Ministry of Trade and Industry revealed that Panama is organizing a meeting to promote Panamanian goods and services in Chile. Panama is the number two destination for Chilean exports in Central America and the Caribbean."
Martinelli and Piñera have agreed to review the free trade agreement signed in 2008, including investment protection clauses, among other topics.
The free trade agreement signed in 2008 explains much of the business improvement with the southern country.
A delegation of Chilean entrepreneurs are visiting Panama to discuss several matters relating to trade and the implementation of a Free Trade Agreement, the Ministry of Commerce and Industry reported.
Representatives of the private sector in Panama and Chile have signed a cooperation agreement that evaluates the inclusion of new products and services in the trade agreement.
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