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Panama and the United Kingdom are studying the establishment of a post-brexit trade treaty.
Sources from the Ministry of Commerce and Industries (MICI) told La Estrella in Panama that after the Brexit they were evaluating the new relationship with the Kingdom. United, considering that it is one of the largest economies in Europe.
"We evaluate. We are not negotiating anything for the moment, "said ICIM, after asking whether the Panamanian delegation's visit to the United Kingdom included the negotiation of a trade agreement.
The MICI recalled that Panama was party to the agreement between the Association of Central America and the European Union, and that with the departure of the United Kingdom, they must adapt their laws. "When they come out (UK), we have to see what will be the legal framework of our business relationship," he said.
The visit also covered the financial hub, l & rsquo; One of the strongest shared by both countries.The meeting between the economic authorities which included the Minister of the Economy in charge, Eyda Varela de Chinchilla, the British Minister of International Trade, George Hollingbery, and representatives the United Kingdom addressed issues such as Panama's financial platform and the proposed legal framework, opportunities for cooperation for the development and exchange of good practices in tax and security matters between the two countries. and a new regulatory framework to adopt new financial products and make changes to existing processes, including the creation of new specialized financial entities.
During his last visit to the United Kingdom, President Juan Carlos Varela also seized on the occasion the Panamanian tourist offer and the Panama Invest forum.
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