Panama Participates in Second Pacific Alliance Summit

A press release from the Presidency of Panama reads:

President Ricardo Martinelli arrived on Sunday, December 4, at the city of Merida, Yucatan, Mexico, to attend the opening ceremony of the Second Pacific Alliance Summit, where Panama will be present as an observer.

The Panamanian president said that Panama is optimistic about joining this Pacific alliance and mentioned they hope to finalise as soon as possible the Free Trade Agreement with Mexico and Colombia to forge this union. Similarly, Martinelli invited the president of Colombia, Juan Manuel Santos, to get directly involved, as will Martinelli , in the electricity interconnection project between Panama and Colombia in order to finish the project by 2014.

"Panama continues to maintain strong economic growth and estimates are that this trend will be maintained", President Martinelli said during his speech at the summit.

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