The two countries signed an agreement to avoid double taxation with respect to taxes on income and to prevent tax evasion.
From a press release by the Ministry of Foreign Affairs in Panama:
The UK and Panama have signed a treaty to avoid double taxation with respect to taxes on income and to prevent tax evasion, bringing the total number of agreements of this nature signed by the Government to 18 and an equal number of nations who are mainly members European Union.
From 10th to 13th September Panama will host the International Forum Against Corruption in Public Procurement in Latin America and the Caribbean.
From a press release issued by the Authority for Consumer Protection and Competition in Panama (Acodeco):
Panama will host an upcoming regional forum which will include discussion of techniques to tackle corruption and collusion in procurement processes and hiring in Latin America and the Caribbean.
This year the Government will purchase bulk flight tickets via public contest, at the website panamacompra.gob.pa.
Eldis Iván Sánchez, director of Government Purchases, explained they are preparing the bidding rules.
"Once the public contest is done, we will create an electronic catalog, in which the different entities will be able to purchase their tickets via internet, faster and more transparently", reported Prensa.com.