The recently created Promotion Agency will focus on boosting sales of traditional export products.
These include melon, watermelon, gourd and high-altitude coffee, explained José Domingo Arias, Trade vice minister.
“’Trade shows and missions are at the core of exports promotion, added Arias, who also commented they are considering training sessions to inform on the Trade Agreements signed by Panama”.
The Colón Free Zone will be affected, warned José Domingo Arias, Commerce vice minister.
Venezuela is one of the leading re-export destinations of the Colón Free Zone. As such, the decision by the Venezuelan government to devaluate its currency by 100% will impact the Free Zone negatively.
From Prensa.com: "So far, Panamanian authorities have not measured how much this measure will affect the country, as it will depend on the flexibility and ability to adapt to changes showed by the businessmen of the Free Zone".
From August 16 to 19, potential investors from the country will visit Panama to analyze investment and development opportunities.
The Taiwanese entrepreneurs are interested in knowing the different investment options Panama has to offer, both for foreign and national investors.
"It is worth noting that the delegation will be lead by Mr. C. Y. Wang, president of the State Enterprises Commission, from the Taiwanese Ministry of Economic Affairs", published Pa-digital.com.pa.