This is going to be very interesting with Panama appealing to the World Trade Organization regarding the sanctions that the OECD is threatening the country with. Sounds to me like a great strategy to take the matter to the WTO. If done properly it will show the hypocrisy of the OECD and its bully boy actions.Round one begins!
Panama takes case to WTO claiming discriminatory treatment
OCDE. Panama will make representations to the World Trade Organization (WTO) to examine the claims of nations that discriminate the country blacklisted by the Organization for Economic Cooperation and Development (OECD) for tax reasons. This was announced in a communique from the Foreign Ministry after a meeting between high Government figures and ambassadors accredited in the 30 OECD countries.
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