The measure agreed to by the Panamanian Chamber of Tourism (Camtur) seeks to address the decline in tourists entering the country due to the global economic crisis.

According to Prensa.com, "This initiative will combine proposals agreed to last week to offer incentives to travel agents who sell Panama as a destination or to convention organizers so they will hold their events in the country."

While the industry obtained positive first quarter results, entrepreneurs began to feel the impact of the crisis in April and May.

Source: Prensa.com

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Panamanian Tourism Negotiates Promotion with Iberia

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The country's tourism authority and the Spanish airline are in discussions for a $4 million shared publicity agreement.

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February 2009

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