News

2015

  • Panama signs first Middle Eastern FTA with Israel - Panama signed a free trade agreement with Israel, its first with a Middle Eastern nation. The agreement was signed on the 21st of November 2015 in Panama City to seal a set of negotiated deals including access to markets, customs, services and investments, intellectual propert... more

  • Panama in top 5 most innovative countries in LatAm - Together with Chile, Costa Rica and Mexico, Panama is ranked the highest in innovation of the region according to the 2015 Global Innovation Index. Panama is ranked 4th regionally and 62nd globally, from a total list of 141 countries. Switzerland leads the rankings for the sec... more

  • FIATA certificate for Panama - The International Federation of Freight Forwarders Associations (FIATA), representing approximately 40,000 companies in the transportation and logistics sector is granting its certificate to the Panamanian Association of Cargo Agents (APAC). The association is currently workin... more

  • Logistics platform attracts new foreign investment - Thirteen new companies from eight different countries, including the United States, Venezuela, Israel, China and Belgium, will together invest 30.7 million USD in Panama’s Free Trade Zones (CFZ). Logistical potential, fiscal- and migration benefits are the main reasons for the... more

  • Remy Swaab represents Latin America in WTCA Board - PANAMA CITY, PANAMA - During the 46th General Assembly held in Manila, Philippines the executive director of WTC Panama, Mr. Remy Swaab, was elected as board member of the World Trade Centers Association (WTCA) Board of Directors. Along with Mr. Luciano Montenegro de Menezes ... more

  • Panamanian Coffee Promotion in US - PANAMA CITY, PANAMA - The Panamanian Ministry of Trade and Industry is inviting coffee producers to participate in an exhibition of specialty coffees that will be held from the 9th until the 12th of April in Seattle, USA. Nine Panamanian coffee producers have already confirmed... more

  • Panama's new boost of energy - PANAMA CITY, PANAMA - Hydroelectric Bonyic is part of the EPM Group, Empresas Públicas de Medellin, and is the first international hydropower generation project of the EPM Group that has been built abroad. The first of three turbines at Bonyic hydroelectric station has started... more

  • Panamanian teachers to US for 'Bilingual Program" - Panama will be sending more than 500 teachers and students from the Juan Demóstenes Arosemena Superior Normal School in Veraguas to study English in the United States. The trips are part of the "Bilingual Panama" program, which aims to improve the level of English in the Panam... more

2014

  • New direct flight DEN-PTY brings new opportunities - The new direct flight of United Airlines, from Denver, Colorado to Panama City, started on Dec 3rd and was celebrated with its first trade delegation, with participants that included the 45th Mayor of Denver, Mr. Michael B. Hancock. In honor of this commercial mission, the Amb... more

  • Panama's incredible innovation increase - Panama ranks 52 in the Global Innovation Index, issued by the World Intellectual Property Organization (WIPO) in cooperation with the Insead Business School and Cornell University. Panama rose 34 places in comparison with 2013 when it ranked 86 and is now the second most innov... more