Panama is coming closer to become part of the Pacific Alliance ("Alliance"), because of its geopolitical position, progress in trade agreements and the opportunities offered by the expanded Canal, being Panama a strategic and essential partner within the alliance. The positive goals of the Alliance will be (i) build a deep integration area to advance towards the free movement of goods, services, capital, people and economy; (Ii) promote higher growth, economic development and competitiveness of the economies of its members; and (iii) become a platform for joint political, economic and trade integration.
Extract from the newspaper La Estrella de Panama, July 10, 2016
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