Possible FTA Between Panama and South Korea


News from Panama / Wednesday, July 17th, 2013

The country of my birth, Panama and the country where I grew up, Korea are discussing a free trade agreement.  Let the products flow guys!!

Officials from both governments have discussed in Panama a possible Free Trade Agreement to strengthen the growing trade relationship.

This was one of the issues discussed by the Panamanian Minister of the Presidency, Roberto Henriquez and South Korean ambassador in Panama, Cho Byoung-lip. The diplomat met with the minister with the intention of discussing bilateral cooperation and trade.

Nacion.com reports: “The South Korean government has cooperated with the Panamanian authorities in establishing the so-called “Electronic Government” and currently one of the companies in the country, Hyundai Samho Heavy Industries, is responsible for the design, manufacture and installation of valves in the new Panama Canal locks. ”

About 17 South Korean companies are operating in Panama today.