Panama and Italy sign Agreement on Investment

Panamanian and Italian government authorities signed an Investment Promotion and Protection agreement.

Monday, February 9, 2009

LaEstrella.com.pa publishes: "Both chancellors manifested high satisfaction for signing the agreement, stating that it will generate a favorable environment and legal framework for investments and activities by companies from both countries."

More on this topic

Italy Ratifies Investment Treaty with Panama

January 2010

Both countries agreed to foster and protect investments by the other countries.

Originally signed on February 6, 2009, the agreement has now been ratified by the Italian Parliament.

"The text of the agreement, communicated by the Italian Parliament, and signed in Venice, presses both parties to be 'fair and even-handed' when dealing with investments by the other country", reported Laprensa.com.

Finnish Trade Mission Visits Panama

February 2009

The Finnish delegation that will meet with the government will analyze the advantages and opportunities to invest in Panama.

In an article in Laestrella.com.pa, it was published that: "...The delegation is comprised of representatives from businesses in the sectors of energy, forest industry, mining industry, biosciences, engineering, logistics, finances and security.

Panama and Finland Sign Investment Protection Agreement

February 2009

The signing of the agreement of reciprocal protection is intended to expand economic cooperation and stimulate investment.

In its website, Dialogo Ciudadano publishes: "Said agreement contains measures and clauses designed to protect, at international law level, investments carried out on behalf of each state, reducing the legal and political uncertainty factors that sometimes affect the development of projects."

Italy more interested in Panama

July 2009

The government transition in Panama has caused Italian president Silvio Berlusconi to reinforce its cooperation support.

La Prensa de Panamá publishes an interview with the vice minister of Foreign Relations of Italy, Vicenzo Scotti, who indicated that "Beginning July 1, 2009, Italy and Panamá share commitments on an intensive work agenda that covers topics as small enterprise development, education, public security and enhancement of immigration policies between both countries."

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