The signing of the free trade agreement (FTA) between Taiwan and China generates commercial opportunities for Panamanian producers.
The Embassy of Taiwan in Panama saw the news of the agreement as an amazing opportunity for Panama. The country will be able to take advantage of the FTA it has with Taiwan to send its raw materials, which can there be transformed into finished products for subsequent tax-free export to continental China.
The market expects land prices to increase in those areas where the first line of the metro system will transit in 2014.
Realtors consider that it is too soon to predict how much prices will increase in areas nearing the $1.5 billion project. According to Fernando Arango Morrice, president of A.I.R. Appraisals, “we must wait until the metro and its stations are operating to asses any changes in the price of land”.
Panamá Pacífico with thousands of interested visitors to its stand in Expocomer 2010, not only offered the Key Note speech of thursday, but launched the residential phase of this great development on the banks of the Panama Canal
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