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This post was edited by Toogood at 2017-11-22 21:53|
Panamanian President said on Monday that Panama will play a key role as China's platform in Latin America in investment, transport, logistics and tourism.
The country's central position in Latin America and the Caribbean, plus the Canal and the fact that Panama is a financial and logistical hub, with legal security and political stability, "will help us channel a lot of investment from China", Varela said at a press conference where he closed the Beijing stage of the first official visit by a Panamanian leader to the Asian country.
Varela went over the main achievements of this trip and noted his confidence that, despite Latin American countries are eager to attract Chinese investment and trade, Panama will attract a significant part of the Asian giant's economic activity in that region.
"There will certainly be a lot of (Chinese) investment in the region, but each country has to create favorable conditions" to attract it, he highlighted, and said that he hopes not only to atract Chinese investment in his country, but also in other countries of the region with Panama as a base.
The Panamanian president also considered that the "strategic partnership" between his country and the United States "is fully compatible" with the "approach" to China and its use of the Panamanian platform to "increase its presence in Latin America".
Varela recalled that there are Chinese companies that are building a cruise port in Panama, including water projects and housing, or are established in the Colon Free Zone, with investments totaling 1,000 million dollars until the establishment of diplomatic relations in June.
"I am sure that many Chinese companies will follow the same route," he said, trusting that "Panama will be the door for many Chinese companies in Latin America".
What are your thoughts? I would like to know your opinions...... Thanks