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Nicaragua and Panama Discuss Bilateral Trade Agreement

Article Summary:

The presidents of Nicaragua, Daniel Ortega, and Panama, Ricardo Martinelli, met in Managua to fortify a bilateral trade agreement between the two countries. The two leaders also stressed the importance of combating drug trafficking and fighting organized crime during their meeting.

Original Article Text From Mis Finanzas en Lina via Google Translate :

Nicaragua And Panama Seek Boost Trade

The presidents of Nicaragua, Daniel Ortega, and Panama, Ricardo Martinelli, met in Managua to “energize” bilateral trade and “commit” to fight drug trafficking and organized crime, according to both governments.

Martinelli arrived Friday afternoon to Managua and was received by Ortega in the House of Peoples, the former Presidential Palace, located on the shores of Lake Managua, to give a “quick read” a series of bilateral agreements, as announced .
Ortega said at a joint press conference with Martinelli that the delegations of both countries will discuss an agreement the Water Center for the Humid Tropics of Latin America and the Caribbean, signed in 2010.

Also address the details of a free trade agreement between Panama and Central America , signed in 2009.

“It is of interest to all Nicaraguans and Panamanians all boost trade,” said Ortega.
In addition, the two leaders will meet with a delegation of Nicaraguan businessmen with investments in Panama.

“Panama is like the point where South America is intertwined with Mesoamerica and the Caribbean,” he said Ortega.

Martinelli, meanwhile, said that Panama is a “loyal ally” of Nicaragua, a country that provided assistance during the struggle against the Somoza dynasty (1937-1979), he said.

“Panama is more than willing to help Nicaragua in all that is needed for the construction of ports, development of tourist centers, airports, free zones or what you believe,” said Panamanian President who invited Ortega to visit his country.

Martinelli, who in his youth spent two years in Nicaragua, said that the meeting on Friday will help “build” a friendly, diplomatic, commercial and personnel between the two nations.

“Our countries complement each other” because “we have very good people, all we need is investment and learn from each other, to avoid making the mistakes others have made,” he continued.

“The better you go to Nicaragua, the better we will all Central American and Panama too,” he added.

The two leaders stressed the importance of combating drug trafficking and Ortega recalled that the above quotations regional leaders pledged to “continue to wage this battle against drug trafficking and organized crime.”

Martinelli, meanwhile, recalled that on day 24 the presidents of Central America in Guatemala will agree to discuss free trade in drugs.

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From Mis Finanzas en Lina

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