More Trade Projected between Panama and Chile

The Chilean and Panamanian governments have agreed to promote a cruise route between both countries and decided that Chile will be the first Latin American ally of the Logistics Hub of Panama.

Wednesday, July 11, 2018

The president of Panama, Juan Carlos Varela, and his Chilean counterpart, Sebastián Piñera, agreed to jointly promote the Pacific-South cruise route, which will go from Panama to Valparaíso and vice versa, aimed at increasing the number of tourists visiting both nations, informed the Panamanian Ministry of Foreign Affairs.

According to the statement, it was agreed that Chile will be the first Latin American ally of the Logistics Hub of Panama, an initiative that will allow the South American nation to benefit from the logistics platform for the redistribution of Chilean food for export, adding value to Panamanian agro-industrial products, thereby diversifying its global export supply.

"... Panama and Chile also signed an agreement for the prevention, investigation and fight against infractions in customs legislation to safeguard the security of the supply chain of international trade.  They also committed to expanding their commercial relationship and strengthening their bilateral strategic alliance based on the connectivity that our country provides to Chile as the main user of Latin America of the Panama Canal and the third globally."

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