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Friday, July 20 2018 @ 07:55 PM EDT

Panama And The Netherlands Agree In Strengthening Their Commercial Relations

Foreign Direct InvestmentRepresentatives of the governments of Panama and the Netherlands met today, in order to strengthen their trade and cooperation ties in several areas of interest to both countries, according to officials.

The bilateral meeting was chaired by the Panamanian Foreign Minister, Fernando Nuñez and the Minister of Trade and Cooperation of the Kingdom of the Netherlands, Lillian Ploumen in the Bolivar Palace, headquarters of the Panamanian Foreign Ministry, explained the entity in a statement.

According to the document, Panama has an interest of strengthening the ties between the Tocumen International Airport in Panama and the Schipol International Airport in the Netherlands, through a cooperation agreement in the areas of operation, aviation security and technology, among others.

Since 2010, KLM Royal Dutch Airlines Company increased the operations between Panama City and Amsterdam Schiphol International Airport to six flights per week and from November, Air France and KLM will operate 10 weekly flights to Panama, according to the Ministry of Foreign Affairs.

They also agreed to promote tourism through Aruba, a member of the Kingdom of the Netherlands. In May, a cooperation agreement was signed with Aruba.

The Dutch mission used this visit to officially open its embassy offices in Panama, and according to Nuñez and Ploumen this is “an undeniable proof of the excellent diplomatic relations."

During the meeting with Ploumen, the Panamanian Foreign Minister took the opportunity to reiterate the invitation to the Netherlands of joining the Central American Integration System (SICA) as an extra regional member, in which Panama will assume the pro tempore Presidency starting on June 27.

The opening of the Dutch embassy in Panama is the result of the visit from the Panamanian President Ricardo Martinelli to the Netherlands in May, and a result of the diplomatic initiatives taken by the Ministry of Foreign Affairs.

"Panama gladly welcomes the initiative of the Dutch government of opening an embassy in Central America, in our home, and we perceive this gesture as the recognition of the comparative advantages offered by our country for the Dutch investment projections in the region," said the Ministry Nuñez.

Meanwhile, Ploumen highlighted the excellent relations between the Netherlands and Panama, countries that share the democratic values of modern societies and also constitute the gateway to Europe, and North and South America, respectively.

"Panama plays a significant role in Latin America for its impressive economic development and competitive advantages to foreign investment," said the Dutch minister.

The Ambassador of the Kingdom of the Netherlands in Panama is Wieber De Boer, while the Panamanian Ambassador in the Netherlands is José Manuel Teran Sitton, and they were both present at the ceremony. (Panama America)

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