Panama Wants More Business with the Caribbean

The government has filed a request for entry as an observer to CARICOM and has proposed to the Caribbean block the start of negotiations for a free trade agreement.

Monday, July 6, 2015

The negotiation of a trade agreement with the bloc would increase the exchange of agricultural and manufactured goods, and improve the position of Panama as a logistics hub and tourist destination among the Caribbean countries.

From a statement issued by the Government of the Republic of Panama:

Panama aims to strengthen relations with CARICOM in terms of security, education, trade and tourism.

President Varela Rodriguez is applying for entry to CARICOM as an observer country.

The Government of the Republic of Panama formalized before the heads of state members of the Conference of Heads of Government of the Caribbean Community (CARICOM) the request to negotiate a Memorandum of Understanding that allows it to interconnect with the Joint Regional Communications Center CARICOM (JRCC ).

President Juan Carlos Varela during his speech as guest speaker at the XXXVI Meeting of the CARICOM, said that if approved, Panama and CARICOM will seal a historic agreement that will enable sharing of security information and intelligence to identify high-risk passengers and prevent them transiting through our airports and our borders preventing illegal activities from taking place.

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