Netherlands supports Panama’s proposal SIECA +1
MICI, 12 January 2010. The Panamanian proposal to incorporate Panama in the trade negotiations with the European Union (EU) under the formula SIECA +1 adds more sympathizers among the European countries.
As part of the launch of the Agency for Investment Promotion of Panama, the Minister of Foreign Trade of the Netherlands, Frank Heemskerk, publicly announced that the Netherlands government fully supports the formula SIECA +1.
Frank Heemskek, Minister of Foreign Trade of Holland
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The Panamanian government’s proposal is that Panama is incorporated into the Central America trade talks with the EU, but without joining first the Central American Integration System (SIECA). “We want to join the partnership agreement to further stimulate the integration to SIECA, a more extensive and complex process and that could be sustained with Panama and still within the FTA,” said Minister of Commerce and Industry of Panama, Roberto Henriquez.
The Panamanian offer would add to the negotiations for broader and more encompassing offer of the Central American market, but without affecting the progress made to date by the other countries of the region, said the Minister Henriquez.
The Panamanian minister reiterated that the regional economic integration agenda should be “seen in that context and not subject to commercial negotiation processes and the integration agenda that requires time, form and long-term conditions that have nothing to do with a negotiation trade with the rest of the region. ”
On another issue, the proprietor of trade of Holland expressed the interest of his government to begin negotiations with Panama for treaty to avoid double taxation.
Article courtesy of the Ministry of Commerce and Industry of Panama.
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