Panama Aims to Join MERCOSUR | Ours Abroad News

Deputy Joan Guevara discussed Panama's intention to join MERCOSUR, aiming to expand its markets and improve international diplomacy. Initiatives for economic development and better living conditions are prioritized.


Deputy Joan Guevara, chairman of the Foreign Relations Committee of the National Assembly, highlighted the importance of removing Panama from multicolored or gray lists and consolidating its presence in European, Asian, and global markets. This parliamentary work seeks new horizons in diplomacy, Guevara explained after a conversation with the Uruguayan Deputy Foreign Minister and his Panamanian counterpart. In this context, Panama's desire to join MERCOSUR and the challenges this would entail were discussed.

In the context of the celebration of 120 years of diplomatic relations between Panama and Uruguay, and on the eve of the anniversary of the Separation from Colombia, the Month of the Homeland begins with a focus on strengthening international ties. Deputy Guevara from Circuit 8-1 (Chepo) emphasized that official missions are highlighting the role of parliaments in defining and achieving key international relations for the country.

"It even exceeds," said the deputy, pointing out that Panama is not a tax haven and has stricter controls than what is commonly believed. Efforts are being made for a better quality of life for Panamanians, focusing on areas such as health, education, technology, and sports. The initiative to join MERCOSUR as an associated country has resonated in the National Assembly, which seeks to support President José Raúl Mulino's efforts for national economic development.

Uruguayan Deputy Foreign Minister Nicolás Albertoni highlighted the challenges Panama would face in MERCOSUR, especially concerning tariffs and commercial competition. In this sense, he suggested that Panama needs to be competitive and use available tools to negotiate its position in a common market. The prospect of associating with MERCOSUR is seen as an opportunity to strengthen Panama’s connections with key international markets and leverage its logistical infrastructure, particularly the interoceanic highway.

In agreement, Panamanian Deputy Foreign Minister Carlos Ruiz highlighted the potential benefits of the partnership with MERCOSUR, stating that Panama has great potential to generate innovation and economic development in key industrial sectors. The expectation is that this integration will allow Panama to contribute to global growth through its strategic position and human resources.