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Sunday, January 26, 2020
Monday, December 9, 2019

China-Latin America and the Caribbean Business Summit opens in Panama



Panama, Dec. 9- Nearly 2,000 business representatives and officials from China, Latin America and the Caribbean will meet this Monday for the first time in Panama as part of the XIII China LAC Business Summit.

In previous statements to the press, the President of the organizing committee of the event, Gabriel Barletta, highlighted the role played by this mechanism in the last 13 years, mainly in those nations in the region with which the Asian giant maintains official relations.

He said that Panama's political and economic stability, which favors the business environment between entrepreneurs and investors, the geographical position and the multimodal logistics platform influenced the decision to hold the meeting in this country.

Barletta added that the Summit will facilitate access to new markets and consolidate Panama as the gateway for entrepreneurs from other latitudes to the American continent.

'China-LAC is a promotion mechanism and a platform that seeks greater economic cooperation, focused on boosting trade and investment,' he said.

In this regard, the President of the Chamber of Commerce, Industries and Agriculture of Panama, Jorge Juan De La Guardia, said that this is an excellent opportunity for Panama to offer its logistics and services platform as a headquarters for Chinese value-added industries.

Similarly, it could become the distribution center for companies from that Asian country to Latin America and the Caribbean, as well as an entry point for exporters from the region in the Asian market, he noted.

Meanwhile, Richard Kilborn, director of promotion at the Ministry of Commerce and Industry, stressed that the purpose of the event is to strengthen trade and business relations between Asia, Latin America and the Caribbean, in addition to promoting cultural, political and academic exchange.

The China-LAC Summit, which since 2007 brings together companies from China, Latin America and the Caribbean, will meet until Wednesday in the capital's Atlapa Convention Center. (Prensa Latina)