In 2017 sales from the island to the Asian country totaled $145 million, of which $48 million were for telephone sets and $22 million for copper.
Following the agreement last week between the Dominican Republic and China to formalize their diplomatic relations, the expectation is that trade between both countries will grow in the coming years.
Mimicking countries in the Bolivarian Alliance by snubbing the president of Brazil in the UN confirms the ideological inconsistency of a government that on the one hand has ministers who support free international trade and others who practice blatant protectionism.
EDITORIAL
This inconsistency was already a concern in Costa Rican business sectors, and now after the outburst by Luis Guillermo Solís in the United Nations General Assembly, bewilderment is being expressed.For a small economy like Costa Rica, is vital that there is coherence in relations with other countries and especially with powers such as Brazil.
Through representation in the European country promotion will be given to business opportunities in Panama related to trade, the merchant marine sector and the country as a multimodal logistics hub.
From a statement issued by the National Assembly of Panama:
Andrés Núñez Gregorio Sanchez, Ambassador Extraordinary and Plenipotentiary of the Republic of Panama to the Government of the Republic of Turkey, who appeared on Tuesday before the Committee on Foreign Affairs of the Assembly, said that Panama has been characterized by maintaining excellent business links and friendship with this country, which has led to a strengthening of the diplomatic area.
Seven years after diplomatic ties broke, Costa Rica is Taiwan's main trading partner in the region, with $644 million traded in 2013.
It seems that maintaining healthy diplomatic and political relations between governments is not always necessary for trade between two nations to prosper. One example is the bilateral trade between Taiwan and Costa Rica, which despite the fact that it is the only country in Central America to have broken political links with the Asian island, remains its main trading partner in the region.
The Panamanian government intends to promote bilateral trade and use the country as a gateway to Africa.
With the opening of the embassy Panama will be able to explore new options for trade and commerce with Morocco.
The Deputy Foreign Minister of Panama, Mayra Arosemena told Prensa.com that "Moroccans have shown great interest in studying how Panama has managed to make its airport a hub or key continental link, something that could be done in Casablanca taking advantage of Morocco's position as a country uniting Africa and Europe.
The world economic order is changing rapidly , while Guatemala's foreign relations are conducted with the same style as in the times of the Cold War.
An analysis of this issue by Reny Mariane Bake in Prensalibre.com, reviews the current status of Foreign Affairs in Guatemala, but this analysis also applies to other, but not all, countries in the region.