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Panama to relaunch FTA with CentAm

Prensa Latina, Cuba

Panama to Relaunch FTA with CentAm

6 March 2006

Panama, Mar 6 (Prensa Latina) The Central American Integration System (SICA) Special Meeting of Heads of State or Government will allow Panama to relaunch negotiations for a Free Trade Agreement with the area, official sources said.

The SICA Summit, to be attended by Presidents of Costa Rica, Abel Pacheco; Honduras, Manuel Zelaya, and the Dominican Republic, Leonel Fernandez, will be held on Thursday, on the sidelines of the 24th Expocomer International Fair.

Officials of the Ministry of Trade and Industries (MICI) recalled that Panama has only managed to set in motion an FTA with El Salvador. However, the country is interested in promoting talks to strengthen links with all Central American neighbors.

Panama has just sealed an FTA with Singapore, reached an understanding with Chile in this regard and is negotiating a similar pact with the US.