Panama, Spain Sign
Understanding
Panama and Spain's
respective leaders,
Martin Torrijos and Jose
Luiz Rodriguez Zapatero,
confirmed by signed
documents a deep
understanding in
international and
economic policies.
A joint release signed
by both presidents and
jubilant declarations at
the farewell toast,
before Zapatero's return
to Madrid only eight
hours after his arrival,
gave the sense of
business improvement
between the two
countries.
The Joint Communique
affirmed that both
presidents expressed
their satisfaction for
the signing of a
Memorandum of
Understanding agreement
to avoid tax evasion and
double imposition.
Furthermore Zapatero
announced that Spain and
the EU have committed
650 million dollars to
enlarge the Panama
canal.
Torrijos assured that
negotiations are going
extremely well thanks to
both government
political will. |
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