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Thursday 16 April 2009, San José, Costa Rica  Home Contact Us Subscribe To Our Newsletter
Panama, Canada for Trade Meeting
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Nicaragua, Venezuela Block Final Declaration of the Summit of the Americas


Panama, Canada for Trade Meeting

Panama - Panama and Canadian work groups are preparing for a ministerial meeting aimed at a bilateral free trade agreement, informed official sources.

Severo Sousa, Foreign Trade vice minister, indicated that the contacts are "moving at a good rate that we consider very positive to prepare for greater discussion at the ministerial level."

After the fourth Round of negotiations in Canada we achieved significant advances that should be reflected in the texts that we are using as a basis for these conversations, he added.

For his part, Leroy Sheffer, head of the Panamanian negotiation team pointed out that at the recent meeting in Ottawa the country maintained the positions required by the productive sector, above all in those that are sensitive lines.

This is a view that Canada is well aware of and understands as an idea of promoting a climate of negotiations that benefit both our markets, he added.

Negotiations began formally in October of 2008 with four rounds held to date. The next meeting could be at ministerial level at a date still pending.

Trade between Canada and Panama surpassed 800 million dollars in 2008 with an important participation of the Free Zone of Colon, as well as participation in financial exchange and investments.
 
 
 
 
 
 

 

 

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