The Minister of Trade and Industry, Gisela Alvarez de Porras, stressed the importance of Asian markets for Panamanian products like coffee.
Dialogociudadano.com reported statements from the minister: In the case of South Korea, technical analysis are being made on the feasibility of a business agreement, and they will be handed over to the transition team of the new government, which will take office after the presidential elections next May 3 in Panama."
Officials from both governments have discussed in Panama a possible Free Trade Agreement to strengthen the growing trade relationship.
This was one of the issues discussed by the Panamanian Minister of the Presidency, Roberto Henriquez and South Korean ambassador in Panama, Cho Byoung-lip. The diplomat met with the minister with the intention of discussing bilateral cooperation and trade.