Electricity Transmission Company has been authorized to handle the electricity interconnection project between Panama and Colombia, along with Interconexión Eléctrica SA.
The Cabinet Council, headed by President Martín Torrijos approved the authorization so that Electrical Transmission Company, on behalf of the State and in association with Interconexión Eléctrica SA, will be responsible for the developing electric interconnection project between Panama and Colombia.
Uribe insists on building the road through the Darien Gap, meeting with old reluctance from Panama.
It is only 108 kilometers of road that are missing so that the Americas can be traveled by land from Alaska to Tierra del Fuego, but there are two arguments for refusing construction. One is that this is one of the few quasi-virgin regions left in the world, and it is feared that the inevitable progress that the road would bring would harm the environment and biodiversity, in addition to threatening aboriginal cultures.
On 25 September the IX National Encounter of the Private Companies 2008 will begin.
The event will be held at the Sheraton Presidential Hotel in the capital of El Savalvador.
This year discussions will focus on the expectations of the private sector regarding the next Government and they will prepare a document that they hope will be taken into consideration by the next government in its plan for its term in office.
The Free Trade Agreement fortifies the economic integration with the countries of the North Triangle of Central America.
The tariff excludes goods in the light industry sector such as soaps, perfumes and cosmetics, paintings and varnishes; guarantees and herbicides, resins and final goods of the plastic industry; and footwear among others. The agreement promotes the economic development of the countries, through the liberalization of commerce, the promotion of investments, the promotion of technology and the generation of jobs, specifically in the Departments of Commerce, Industry and Tourism.
The presidents of the region have back-to-back meetings today in El Salvador and tomorrow in Mexico, to discuss regional integration and the re-starting of the Plan Puebla Panama.
Presidents from Central America, Mexico and Colombia will meet Saturday in the Mexican city of Villahermosa, where the theme will be Plan Puebla Panama. Lurking in the background is another topic that will likely arise: political tension between Colombia and Nicaragua.
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