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Changing Diplomatic and Commercial Relationship Between Panama and India?

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Vice President of India will visit Panama to strengthen cooperation ties

Sun, 05/06/2018 - 23:40

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In order to strengthen friendship and cooperation ties, Panama will receive this week the visit of the Vice President of the Republic of India, Muppavarapu Venkaiah Naidu, the first high level visit from an Indian authority to the country, the Panamanian Foreign Ministry announced today through a statement.

The Ministry of Foreign Affairs stated that Venkaiah Naidu's presence is particularly relevant in the framework of the diplomatic strategy called "Halcón Policy", where Panama seeks to strengthen ties with powers and emerging countries in Africa, the Middle East and Asia.

The entity also highlighted that in the case of India, the fifth world power, Panama seeks to establish cooperation alliances in the areas of agriculture, technology, innovation, health and culture.

"Also, in the case of the country with the world’s most important emerging and middle class, it is important to address the opportunities to increase tourism flows, encouraged by the recent relaxation of visa requirements for citizens from India," said the foreign policy ministry.

The statement explains that Vice President Muppavarapu Venkaiah Naidu will arrive in Panama on the afternoon of next Tuesday, May 8 and that he will begin his official agenda on Wednesday, May 9 with a meeting with the President of the Republic, Juan Carlos Varela, and Vice President Isabel of Saint Malo de Alvarado.

Consequently, the statement highlights, the Indian vice president will hold an extended working meeting with the participation of Ministers and Parliamentarians of both delegations.

The Indian vice president will visit the Panama Canal and on Thursday, May 10 will deliver a conference called "International Policy of India and the New Global Order", reads the official statement.



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Panama , the logistic gateway of India to Latin America

Wed, 05/09/2018 - 20:13


The Panamanian President, Juan Carlos Varela, received Indian Vice President Muppavarapu Venkaiah Naidu today, to whom he offered the use of the logistics platform of the Central American country to expand throughout the rest of Latin America.

"Panama has made its geographical position available to India to consolidate itself as the gateway to the rest of the region, as a logistics and air connectivity hub, and we want to support India so that through our platform it can increase its competitiveness in global trade," said the Panamanian leader.

Varela, who appeared at a press conference with Naidu, said that both countries are "stable and functional democracies, with good indicators of economic growth; that we are advancing in the fight against corruption and our priority policies are accountability and transparency".

The Panamanian leader explained that he came to an agreement with the Indian Vice President to build a "much more robust" bilateral agenda focused on the implementation of "technological, scientific and agricultural" projects, as well as on the promotion of tourism flows.

Naidu's visit comes one month after the Panamanian government announced that from next June 1 the citizens of the Asian country who travel as tourists to Panama will have to request a stamped visa, which replaces the current restricted visa, something that will positively impact tourism and commerce, according to Varela.

The Panamanian president also recalled that the visit of Naidu, which this afternoon will tour the Panama Canal, is part of the so-called "Hawk Policy", a new foreign policy aimed at strengthening ties with "emerging economies of Asia and the Middle East, regions with whom historically no such close relationship existed."

"India is the 5th largest economy in the world and the 2nd most populous country. The success of India is due to its rich culture and its commitment to entrepreneurship, science, innovations, technology and its highly qualified human resources", said Varela, who also invited Indian companies to establish themselves in the country and participate in public projects.

The Indian politician thanked the Panamanian Government for the migratory flexibility and announced that his Government contributed 10 million dollars to the Center for Biodiversity and Discovery of Drugs of the Institute of Scientific Research and High Technology Services (INDICASAT).

"We live in an economy of constant movement and we know that Panama has done very well in the region," Naidu added.



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