Economy Country January 29, 2025

Panama and Paraguay strengthen trade cooperation

President José Raúl Mulino and Santiago Peña emphasize the importance of energizing bilateral trade, leveraging Panama's logistics platform to access new markets.


Panama and Paraguay strengthen trade cooperation

President José Raúl Mulino and his Paraguayan counterpart Santiago Peña expressed their interest in strengthening commercial cooperation between both countries. In a recent meeting, they highlighted the importance of energizing bilateral relations, emphasizing the opportunities presented for Paraguay and other Mercosur members by utilizing the logistics platform offered by Panama.

In this regard, Mulino emphasized that Panama can serve as a strategic point to enhance access to different international markets. Both leaders agreed on the need to strengthen commercial ties and explore new cooperation opportunities that benefit both nations.

**"We are committed to boosting commercial exchange between Panama and Paraguay, as well as promoting greater economic integration in the region,"** Mulino stated during the meeting. For his part, Peña highlighted the importance of tightening the relationship between the two countries and making the most of the advantages offered by bilateral cooperation in the commercial sphere.

Cooperation between Panama and Paraguay is strengthened through this joint focus on promoting trade and investment. Both countries seek to enhance their economies through strategic alliances that drive development and create new opportunities for their citizens.