Panama and Singapore to sign trade agreement

Latin American Herald Tribune, 14 Nov 2008

PANAMA CITY (AP) – Panama has announced it will sign an accord with Singapore opening up greater access to each other’s markets, Panama’s vice president announced.

The agreement to be signed March 1 is a “strategic alliance be-tween two countries that offer services,” said Ruben Arosemena, who is also administrator of Panama’s Maritime Authority, on Tuesday.

In a statement released by the Maritime Authority, Arosemena said the agreement will benefit Panama’s farming sector, since “Singapore does not count on a large production” and “imports almost all its raw materials.”

News Link