Panama Seeks Special Trade Deal With European Union

Who knows if Panama will be able to pull this off but if they do it will be a major accomplishment for trade.

Machine translated from La Prensa

Taking advantage of a stalemate in Trade Negotiations between Central America and the European Union, Panama has submitted a proposal that would separate it from the other countries in the region.

The proposal sent to the European Commission has been called "Five plus one," in which Panama is committed to making the necessary changes for the agreement to work, without having to sign a general agreement of economic integration with other countries in Central America. The proposal sent to the European Commission has been called "Five plus one," In which Panama is committed to making the necessary changes for the agreement to work, without having to sign a general agreement of economic integration with other countries in Central America.

These changes include adopting a single tariff policy along with the other countries of Central America, but not making institutional changes in sensitive areas such as the banking system. These changes include Adopting a single tariff policy along with the other countries of Central America, but not making institutional changes in sensitive areas such as the banking system.

The EU had refused to negotiate with Panama unless it joined the Central American Economic Integration Organization. The EU had refused to negotiate with Panama unless it joined the Central American Economic Integration Organization. Panama had resisted joining the group because it feared it would lose autonomy over key issues, such as its banking system. Panama had resisted joining the group Because it feared it would lose autonomy over key issues, such as its banking system.

But the EU position may have changed now that the stalemate has occurred. But the U.S. position may have changed now that the stalemate has occurred.

The European Commission has responded to Panama, saying it is prepared to analyze the proposal. The European Commission has responded to Panama, saying it is prepared to analyze the proposal. A meeting has been scheduled Trade Minister Roberto Henríquez, who will travel to Brussels to explain the proposal before the European Commission. A meeting has been scheduled Trade Minister Roberto Henriquez, who will travel to Brussels to explain the proposal before the European Commission.

The Panama trade proposal would also have to be endorsed by the other countries in Central America. The Panama trade proposal would also have to be endorsed by the other countries in Central America. One potential problem, however, is Panama's decision to leave the Central American Parliament. One potential problem, however, is Panama's decision to leave the Central American Parliament. That could complicate the acceptance of the partnership agreement. That could complicate the acceptance of the partnership agreement.