Mercosur Will Expand Panama's Export Offerings -

(MENAFN- Newsroom Panama) The Minister of Commerce and Industry, Julio Moltó, explained to reporters that the Southern Common Market (Mercosur) will expand Panama's export offerings. According to Moltó,“the country has embarked on a process of economic transformation, driven by Mercosur, not only because it is working to strengthen its productive areas in the interior to expand its export footprint, but also to attract high-value investments.”

“Panama's inclusion in Mercosur is a milestone because it was designed to attract the attention of the south to Panama, in a positive way for companies looking to come or ship goods to the North, the Americas, or the rest of the Caribbean. This alone represents great opportunities for the country,” he emphasized. For the Minister of Mici, as long as they are naturally incentivized, both traditional and innovative sectors such as cocoa and pineapple will be able to expand their export footprint.

“At this stage, we are combining what we call competitiveness with inclusion, as well as positioning Panama as a reliable player in international trade and as a platform for strategic services for the region, but this time looking south.” Moltó said. In December 2024, Panama became the first country outside the Southern region to be included as an Associate State of Mercosur. Chile, Peru, Colombia, Ecuador, Guyana, and Suriname also participate as associate states within this trade bloc.

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