Given the interest of Brazilian companies to invest in Panama, driven by the upcoming accession of this country to Mercosur as an Associated State, the Minister of Commerce and Industries, Julio Moltó, presented to a Brazilian business delegation the strategic advantages that the country offers, including its network of trade agreements and tax, labor and logistical benefits.

Moltó stressed that, thanks to the Trade Promotion Treaty (TPC) with the United States, Brazilian companies established in Panama will be able to export to that market with preferential tariff conditions, something that Brazil does not have with the US. USA.

During a panel organized by the Brazil-Panama Chamber of Commerce and Industries, the minister stressed how the country’s logistical infrastructure, led by the Canal and the Colón Free Zone, facilitates the expansion of exports and cost reduction.

For his part, the Brazilian ambassador to Panama, Carlos Moojen de Abreu e Silva, said that the process of accession to Mercosur is progressing rapidly and will end in December, when Panama formally joins the bloc. In addition, he stressed that an increase in the arrival of Brazilian entrepreneurs interested in exploring investment opportunities is expected.

This event marked a milestone in the relations of friendship and cooperation between the two countries, which already have been 99 years, promoting a new stage of integration and joint growth.