Panama makes effort to lure RI business<\/p>\n
JAKARTA: With its strategic location near the world-famous Panama
\nCanal, Panama, as a tax-free zone, is an attractive place for the
\nIndonesian businesspeople to do business, Panamanian Ambassador
\nto Indonesia Raul Antonio Eskildsen Arias said in Jakarta.<\/p>\n
\"Panama is a small country with just 3.2 million people. I
\nmust admit it's not a big market but it's a service as well as
\nshipping hub. We are the gateway to the huge Latin American
\nmarket with 450 million people. Indonesians can export their
\nproducts to Latin America through Panama,\" Ambassador Raul said
\nat a breakfast meeting, which was mostly attended by local
\nbusinesspeople, in Jakarta.<\/p>\n
In order to strengthen its economy, Panama is planning to
\nexpand the Panama Canal at a cost of approximately US$6 billion
\nto $8 billion in the coming years.<\/p>\n
Panama is the world's second largest tax-free zone after Hong
\nKong. It has more than 100 banks as well as over 10,000
\nregistered shipping vessels, which employ 6,000 Indonesian
\nseamen.<\/p>\n
The President of the Chamber of Commerce of USA-Panama Ricardo
\nEskildsen also spoke at the meeting.<\/p>\n
Chilean Ambassador James Sinclair and the Taipei Economic and
\nTrade Office's representative David Lin were also present at the
\nmeeting. -- JP<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/panama-makes-effort-to-lure-ri-business-1447893297",
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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