Panama will increase support for foreign trade

Of the $13.5 million the Ministery of Trade and Industry will use next year for direct investments, $12.5 million will be dedicated to supporting foreign trade.

Tuesday, October 7, 2008

The biggest investment item will be to "strengthen public administration," at $5 million, which according to Minister Carmen Gisela Vergara, who presented the budget yesterday to Congress, will be used to create technological platforms for offering "faster and more transparent" services, and for the digitalization the exclusive cashier electronic, the foreign trade network with the Panamanian embassies around the world, to name a few.

More on this topic

Central American Foreign Trade in February 2012

June 2012

Exports from the region reached a FOB value of $4,788 million during the first two months of 2012, representing an increase of 6.4%.

External Trade Bulletin of Central American Economic Integration Secretariat (SIECA):

Central, June 19, 2012.

Exports from the region reached a value (FOB) of $4,788.4 * million during the first two months of 2012, seeing a growth of 6.4%.

Guatemala Renews Trade Policy

February 2012

The new government authorities want to emphasize improving competitiveness and investment attraction.

More competitiveness and attracting foreign investment. Those are the two axes of a renewed foreign trade policy announced by the National Council for Promotion of Exports (CONAPEX) in Guatemala.

Panama Becomes Member of ALADI

February 2012

Panama has delivered its instrument of adherence to the Treaty of Montevideo of 1980 formalizing its entry as a full member of the Latin American Integration Association (ALADI).

A press release from the Ministry of Foreign Affairs of Panama reads:

The Republic of Panama on Thursday delivered its instrument of adherence to the Treaty of Montevideo of 1980 formalizing the country's entry as a full member of the Latin American Integration Association (ALADI), the oldest regional economic integration forum.

Panama Initiates Affiliation with ALADI

February 2009

The Latin-American Association of Integration (ALADI) approved a report that considers the request of the inclusion of Panama.

Mi Punto in its website publishes: "The Mexican Ambassador, Cassio Luiselli, was the one responsible for bringing the proposal before the Committee of Representatives of ALADI, leaving the impression that the government of Panama accepts the consecrated requirements of the Montevideo Treaty of 1980, which gave origin to the association."

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