Friday, January 28

Panamanian exports will continue to grow in 2022 after breaking a record this year

The Minister of Commerce and Industries, Ramón Martínez, said he was confident that the Panamanian exports will continue to grow in 2022 since, for example, sand have approved the renovated 14 plants for export; Advances in automation of Foreign Trade Single Window (Vuce), currently with 75% progress; and training and support plans for producers and companies continue.

He highlighted that, in terms of exports, Panamá registered record figures of $ 2,816.3 million, a 94.2% mmore than the previous year in the period from January to October.

Martínez announced that by 2022 the entry of new markets is managed, through international events, such as Fruit Attraction in Spain, Texas Summit, National Export Congress with the Panamanian Association of Exporters (Apex), EXPO Dubai 2020, among others, in which Panama participated this year.

Besides ofAssociation agreements with the United Kingdom, as well as the entry into force of commercial documents such as the Free Trade Agreement with the Republic of South Korea, they also represent great opportunities for our producers and the national exportable offer.

There have been many challenges that the fight against the pandemic has left us, pero decisively, we have faced and will continue to face, as a government and together with all Panamanians, each of the challenges, prioritizing the health of the population, but also the health of our economy, ”he said.

The indicators that we have obtained so far in 2021 fill us with optimism, but it also commits us to continue working hard so that as a country we can move forward, “said Martínez, taking stock of the actions of the Ministry of Commerce and Industries (Mici) during 2021.

He reiterated that a strategy that has had a high impact in terms of Foreign Direct Investment (FDI) has been the promotion of regimes such as the Headquarters of Multinational Companies (SEM). He explained that 18 licenses were approved in the Regime of Multinational Companies Headquarters (SEM), generating a substantial increase in accumulated initial investments that exceeded the $ 37.8 million and the creation of more than 400 new jobs.

Meanwhile, through the Regimen known as EMMA, the first license with a total investment amount for $ 935,000.00. While the Qualified Investor Permanent Residence program is also progressing successfully, 50 certificates have already been awarded for a sum of $ 27.8 million invested.

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