Panama Trade

The Panama Canal: 100 years of progress and incredible engineering

The Panama Canal: 100 years of progress and incredible engineering

The word “Panama” typically brings to mind many things for those who live, work, and travel here. But to most of the world unfamiliar with the Central American nation, the first thing that comes to mind is almost always the Panama Canal. Heralded as one of the wonders...

Veraguas Highway Undergoing Major Upgrade

Veraguas Highway Undergoing Major Upgrade

Panama has been planning, and executing major national highway upgrades for quite some time now, in an attempt to modernize the interior’s infrastructure. Currently, there are eleven of these projects underway on a national level, with the largest being the “Corredor...

Panama’s Caribbean Coast: Beaches, beauty, and natural wonder

Panama’s Caribbean Coast: Beaches, beauty, and natural wonder

Panama’s Caribbean coast has a unique history. It’s the first coast the Spanish settled upon, a place rich in resources and pristine beaches, and hosts the northern mouth of the Panama Canal. For the past century or so, however, Panama’s Caribbean coast has largely...

Chinese-Belgian Consortium Wins Panama Cruise Terminal Contract

Chinese-Belgian Consortium Wins Panama Cruise Terminal Contract

After a long and arduous bidding process, a consortium formed from Belgium’s “Jan de Nula” and China’s “China Harbour Engineering Co.” won a $165 million contract to design and build a new cruise terminal in Panama. The terminal, which will be built at the Pacific...

Panama Cuts Ties With Taiwan, Builds New Relationship With China

Panama Cuts Ties With Taiwan, Builds New Relationship With China

In a move that was shocking to some, and expected by many, Panama officially opened diplomatic relations with China this week, effectively ending more than a half century of partnership with Taiwan. The move comes as Panama’s President Juan Carlos Varela looks to...

Panama Canal Expansion Prepares for Long-Awaited Inaugural Passages

Panama Canal Expansion Prepares for Long-Awaited Inaugural Passages

Panama is almost ready for the first ships to cross the soon-to-be inaugurated expanded Canal. In fact, they’re all set for the first ship to arrive on June 26th, and the normal service to come through around the first week of July. Ships have already set off from...

Panama’s Free Trade Agreement With Mexico Begins

Panama’s Free Trade Agreement With Mexico Begins

This week, Panama moved one step closer to joining the ever-growing Pacific Alliance by officially beginning the bilateral Free Trade Agreement with Mexico, signed in 2014. The two countries already do significant trade with each other, and this is a big move that...