Panama and Chile to
Start Free Trade
Panama and Chile will
implement a bilateral
free trade agreement on
March 7, signed by both
countries, the
Panamanian Foreign
Ministry announced on
Wednesday.
That agreement will
allow Panama to
consolidate its exports
to Chilean markets, free
of taxes, a direct
support to national
industry, Foreign
Affairs Minister Samuel
Lewis said in a note
expressing his
satisfaction with the
process.
"This agreement is part
of the government's
foreign trade strategy,
which seeks to open
markets for our products
and services," he said.
Panama has excellent
relations with Chile,
and they will be
fostered with increased
trade with this
agreement, in the
interest of all
consumers.
Lewis asserted that an
important window is
being opened to
Panamanian agricultural
and industrial products,
such as cacao
derivatives, pineapples
and seafood.
Chile is among the 20
main providers to the
Colon Free Area,
especially of wines,
clothing and
pharmaceutical products. |
|
