Havana, Oct 29 (Prensa Latina) The increasing facilities for access the Cuban market distinguish the current ties with Panama, interested in the portfolio of businesses opened on the island, Nestor Gonzalez, Deputy Minister of Foreign Trade of that country stated today.
Gonzales considered the bilateral ties are based on a commercial agreement with partial terms, whose content was extended last year through an additional first protocol.
Panama obtained new improvements by reducing tariffs for its offers, which includes agricultural and industrial products, informed the official, speaking at a business forum taking place today at the Melia Cohía hotel.
Several Panamanian products are currently receiving tax preferences. Some of them are fertilizers, some alcoholic beverages, palm oil, butter, refined lead, paper and paperboard to be used in printers and commercial catalogs, he stated.
Gonzalez also explained that various goods enjoy of 100 percent tariff preference to enter the Cuban market, while for another wide range of products the proportion varies from 80 to 30 percent.